Kiwi stampede to Australia slows for first time in two years

BUSINESSDESK: The net outflow of Kiwis moving permanently to Australia for a better life slowed in May, with the first monthly decline since April 2010.

There was a net loss of 3200 migrants to Australia last month, down from 3300 in May 2011, the first time the monthly net loss has declined since April 2010, Statistics New Zealand says.

The annual net loss eased back to 39,600 in May from 39,800 in April.

Total migration for May for all countries was a loss of 1800, down from 2100 a year earlier. The annual net loss was 3700.

People have been quitting New Zealand for Australia for years as they seek higher wages and a better standard of living, creating a political issue for the National government, which has vowed to reverse the trend.

Figures this week showing the New Zealand economy grew 1.1% in the first quarter, closing in on Australia's growth of 1.3%, which may hint that the appeal of migrating will abate.

The report also showed the exodus from Christchurch has slowed.

"After the February 2011 earthquake, 800 Christchurch residents moved overseas in May 2011," Statistics NZ said. "Five hundred Christchurch residents moved overseas in May 2012, the same as in May 2010."

Some 400 migrants settled in Christchurch last month, up from 100 a year earlier.

On an annual basis, the number of short-term visitor arrivals rose 1% to 140,800, with a 51% increase in visitors from China to 12,900, the highest ever.

Visitors from Japan rose 20% to 3000, showing a partial recovery toward the May 2010 level of 5300 visitors after Japan's own earthquake and tsunami in March 2011.

Overseas trips by New Zealand residents fell by 2500 to 179,300 when compared with a year earlier.

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Wow 100 less people justifies this headline - its still a record number
The stampede is well on.
Its well above long term trend and could be a blip.

Maybe the GC is making a few reconsider before leaving.

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I would have thought the GC would have inspired more. If those guys and girls can make it over there (scaffolder/property investor earning $45ph on the day job), then anyone can.

Hell the best think we could do for our unemployed would be to buy them a one way ticket. Anyone who doesn't accept obviously wants to be a dole bludger.

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Prudent fiscal policy is increasing opportunities for Kiwis who enjoy better tax rates and a freer marketplace than their Aussie counterparts. Most of the outflow of Kiwis is composed of unskilled or semi-skilled laborers who are of little value in the NZ context.

NZ demographics are actually improving in terms of economic competitiveness by shedding weight from our relatively high number of low-skilled laborers, which allows for more immigration of more highly skilled and internationally connected entrepreneurial types. After all, we can't sustain a 1st world nation on primary agricultural production and a property bubble any more now that the baby boomers are starting to claim pensions.

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It would be a better measure of the loss to NZ was assessed in terms of IQ, 'potential' and contribution rather than pure volume. Then we'd have some idea the real cost to NZ economy.

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Well there are not many Kiwis left in NZ. So the slow down was inevitable !!!!

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I would not call graduates and highly skilled technicians as low IQ. Those are the ones who are seeking better opportunities overseas who we can ill afford to lose.

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you all need to get over it and start living life rather than complaining. The grass is always greener ....ring any bells.
Remember there are still 4.5 mill New Zealanders willing to give it a crack.

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Using IQ as a measurement of usefulness is a fruitless task. Instead, we should view people based on their capacity to work hard (massively underestimated by NZers who are far lazier than they would like to admit) and innovate in a practical way (which has long been seen as a strength of Kiwi culture) - skills that people with high IQs often lack.

Regardless, the kind of person who will leave permanently for a higher wage is unlikely to add value in the long-term. We need less wage earners and more wage payers in this promising nation.

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