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14 Dec 2024 15:58
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  •   Home > News > Business

    The latest migration figures could bring positive and negative implications for New Zealand

    The latest migration figures could bring positive and negative implications for New Zealand

    14 December 2024
    Stats NZ data shows more than 131-thousand people departed in the year to October -- a 32-percent increase on 2023.

    Migrant arrivals also dropped 28-percent, to just under 170-thousand people.

    Devon Funds Management's Greg Smith says it removes a source of inflation and housing demand -- but is a hand-brake on economic growth.

    He says countries like Australia are being aided by high-migration levels, as its economy softens.

    © 2024 Newstalk ZB, NZCity


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