NZ immigration rebounds

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By Leith van Onselen

After Statistics New Zealand in January changed the way that it measures net overseas migration (NOM), resulting in large falls in the estimated migrant intake, it has released migration estimates for January 2019, which reveals that NOM is rebounding:

According to Statistics NZ:

Migrant arrivals were provisionally estimated at 151,600 (± 1,500) and migrant departures at 93,200 (± 1,100) in the 12 months ended January 2019, Stats NZ said today. This resulted in a provisional estimate of annual net migration of 58,400 (± 1,600)…

Year ended January 2019 (compared with January 2018 year) provisional estimates:

  • migrant arrivals – 151,600 (± 1,500), up 6 percent
  • migrant departures – 93,200 (± 1,100), up 4 percent
  • annual net migration – 58,400 (± 1,600), up from 52,900 (± 200).

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.