News | Business
27 Mar 2017 7:49
NZCity News
NZCity CalculatorReturn to NZCity

  • Start Page
  • Personalise
  • Sport
  • Weather
  • Olympic Games
  • Finance
  • Shopping
  • Jobs
  • Horoscopes
  • Lotto Results
  • Photo Gallery
  • Site Gallery
  • TVNow
  • Dating
  • SearchNZ
  • NZSearch
  • Crime.co.nz
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

  •   Home > News > Business

    Migrants and tourists still flocking to NZ

    Migrants and tourists continued to flock to New Zealand in record numbers in the year to February, although the net inflow shows signs of levelling off.


    Migrants and tourists continued to flock to New Zealand in record numbers in the year to February, although the net inflow may be showing signs of levelling off.

    Annual net migration rose to a record 71,333 in the 12 months ended February 28, up from 67,391 in the same period a year earlier, Statistics New Zealand said.

    The number, however, was on a par with the previous annual record set in January.

    People arriving as permanent and long-term migrants outnumbered those departing by 128,816 to 57,483 in the latest 12 months.

    Of those arriving, 57,156 were bound for Auckland while 9970 were headed to the capital city of Wellington. In the South Island, 12,720 were bound for Canterbury. In terms of departures, 21,843 left Auckland while 5884 left Canterbury.

    "About a third of all migrant arrivals for the year were people coming to New Zealand on work visas," population statistics senior manager Peter Dolan said. "Just over a quarter of all work-visa migrants were from the United Kingdom and France."

    Westpac Bank acting chief economist Michael Gordon doesn't expect the numbers to dip any time soon. "We expect net migration inflows to remain strong for some time, with NZ's positive economic story, including its labour market, making us an attractive destination," he said.

    China continued to make up the biggest source of permanent and long-term arrivals on residence visas, rising 26 per cent to 3508, while the total residence visas rose 17 per cent to 16,833. Work-visa migrants from the UK rose 12.2 per cent to 7210 while those from France rose 15.1 per cent to 3441.

    Short-term visitor arrivals, which include tourists, people visiting family and friends and people travelling for work, reached 3.544 million in the year ended February, up 10.7 per cent from a year earlier, Statistics New Zealand said.

    That number also equalled the previous annual record set in January 2017. Visitors from Australia rose 5.3 per cent to 1.42 million while visitors from China were up 9.4 per cent to 402,832. Visitors from India jumped 14.8 per cent to 53,424 while visitors from Hong Kong were up 23.1 per cent to 46,288.


    NZN




    © 2017 NZN, NZCity


     Other Business News
     25 Mar: Chinese dairy giant expands NZ plant
     25 Mar: Moody's reaffirms NZ's credit rating
     25 Mar: Academic advocates universal basic income
     24 Mar: Kiwi stable as investors await US vote
     24 Mar: TeamTalk to sell Farmside stake
     24 Mar: Struggling Intueri leaving Aust early
     24 Mar: Kiwi steady as Trump faces confidence test
     Top Stories

    RUGBY RUGBY
    Waratahs ready for New Zealand challenge More...


    BUSINESS BUSINESS
    Chinese dairy giant expands NZ plant More...



     Today's News

    Law and Order:
    Condolence book for London victims 7:47

    Auckland:
    Crash blocks Auckland airport motorway 7:37

    Law and Order:
    Hager rejects NZDF claim he is wrong 7:27

    Entertainment:
    Adriana Lima's has claimed "the best" restaurant in Miami as her "home" 7:19

    Rugby League:
    Foran racing clock to take on Titans 7:17

    Politics:
    NZDF says Hager book has wrong villages 7:07

    Entertainment:
    Cindy Crawford wishes people wouldn't "point out" she's looking older on social media 6:49

    Entertainment:
    Bob Dylan has been feeling lonely after the deaths of many of his friends like Muhammad Ali and Leonard Cohen in the past year 6:19

    Soccer:
    Sydney far too good for Perth in A-League 4:37

    Rugby League:
    Dragons too hot for Foran-less Warriors 4:37


     News Search






    Power Search


    © 2017 New Zealand City Ltd