Reported about 2 months ago
New Zealand's population growth has significantly slowed, as the country saw an increase of only 7,000 people in the second quarter, marking the weakest rate since mid-2022. This decline is attributed to reduced immigration, due to a sluggish economy prompting more citizens to seek job opportunities abroad, particularly in Australia. The latest figures indicate net immigration at 2,000, the lowest in nearly two years, leading to expectations of continued slow growth in the coming years.
Source: YAHOO