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New Zealanders emigrating for Australia

Posted on 23 May at 9 AM Tags: Property, New Zealand Travel,

New Zealand saw a record number of residents leave for Australia last month. According Statistics New Zealand, despite a average loss of around 3,500 people a month for the year, 4,500 set off across the Tasman in April, resulting in a new record of 53,462 departures. This put the net loss up 13,000 on the year before to 39,800.

The net loss for April stands of 2,300 after it was calculated that 87,800 migrants left and only 83,800 arrived. Statistics New Zealand confirmed that outflow levels have been hitting record numbers since November last year.

Short-terms visitors to the country in April were also down by just over one per cent, with the biggest reduction seen by tourists in the cash-strapped euro zone (down 23 per cent). However, the number of short-term Asian visitors actually rose to 11,600, mainly due to Japanese tourists who have started to travel again after the devastation left by last year’s earthquake and tsunami.

Tourist numbers for the year were slightly up, rising to 2.6 million for the year, an increase of 3.9 per cent. However, spending by foreign nationals did not increase, despite the influx of rich Asian visitors.
The NZD exchange rates on 23/05/2012 were as follows: GBP NZD = 2.0861, EUR NZD = 1.6734, USD NZD = 1.3287, AUD NZD = 1.2978, CHF NZD = 1.3933, INR NZD = 0.0238, AED NZD = 0.3621, MXN NZD = 0.0951, CAD NZD = 1.2976, ZAR NZD = 0.1586, RUB NZD = 0.0418, . See today's New Zealand Dollar Exchange Rate
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