ZB

Kiwibank forecasts net migration of 20k more leaving NZ than moving here this year

Author
Newstalk ZB,
Publish Date
Tue, 29 Mar 2022, 8:28am
(Photo / NZ Herald)
(Photo / NZ Herald)

Kiwibank forecasts net migration of 20k more leaving NZ than moving here this year

Author
Newstalk ZB,
Publish Date
Tue, 29 Mar 2022, 8:28am

The brain drain appears to be well and truly underway. 

A revised Kiwibank forecast suggests the number of people leaving the country will outnumber the number of people moving here by 20,000 this year. 

The net emigration is expected to match levels seen during the Australian mining boom a decade ago. 

Kiwibank Chief Economist Jarrod Kerr told Mike Hosking it's likely to be those who've been longing to get out of the country since before the pandemic. 

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