Reported 2 months ago
Amid rising unemployment and high interest rates, New Zealand faces its highest recorded number of departures, with 131,200 residents leaving in the past year, a significant portion of whom are heading to Australia for better job prospects. While net migration remains elevated, economists predict a decline due to a decreased interest from foreigners in moving to New Zealand, as frustrations over cost of living and limited employment opportunities drive locals to seek better prospects abroad.
Source: YAHOO