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12 Jul 2025 9:04
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      Home > News > Business

    New migration numbers may be painting a bleak picture of our economy

    New migration numbers may be painting a bleak picture of our economy


    New Zealand saw it's highest net migration loss to Australia in the year to December in more than a decade - with 30-thousand leaving.

    Overall net migration for the May 2025 year levelled out at a gain of just under 15 thousand.

    But ASB Senior Economist Mark Smith says net migration is normally about a 30-thousand person inflow.

    He says there's been a sharp slowdown in the number of people coming in, and we've also seen record numbers leaving - which reflects the weakness in the economy.

    © 2025 Newstalk ZB, NZCity

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