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14 Dec 2024 13:32
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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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     Today's News

    International:
    Former minister and member for Menzies Kevin Andrews dies aged 69 13:27

    Soccer:
    Wellington Phoenix defender Lukas Kelly-Heald looks set to feature for the first time this season in this afternoon's A-League home game against Macarthur FC 13:27

    Entertainment:
    Jennifer Love Hewitt knew she had "a job to do" amid her grief 13:24

    Golf:
    A strong finish to their opening round has reigning champions Lydia Ko and Jason Day sitting four shots off the lead at the Grant Thornton Invitational in Florida 13:07

    Rugby:
    No one was more surprised by Wallace Sititi's breakthrough rugby season ... than Wallace Sititi 13:07

    Rugby:
    Improving on the bike leg is a priority for the runner-up at the Ironman 70.3 women's world championships in Taupo 12:57

    Entertainment:
    Michael Cole has died at the age of 84 12:54

    Health & Safety:
    A push for greater access to a test, that could help catch life-threatening respiratory diseases 12:27

    Entertainment:
    Dick Van Dyke and his wife Arlene have fled their home in Malibu, California after a devastating wildfire spread across the area 12:24

    Environment:
    A reminder Canterbury is in a restricted fire season, as the region has a dry and windy start to the weekend 12:07


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