The Melbourne Age reports:
More people are moving to New Zealand from Australia instead of the other way around for the first time in decades as Kiwis return to a buoyant economy and are joined by foreigners in search of work.
According to new figures released by Statistics New Zealand, 25,273 people migrated east across the Tasman Sea in 2015, compared to 24,504 who went the other way.
This net flow of 769 to New Zealand is the biggest since 1991 and the number of people coming to Australia is the lowest since the same year.
It comes as the country of 4.6 million is experiencing consistent political stability and strong economic performance while other countries falter.
We’re pretty much the only country on the OECD to already be back into surplus after the GFC.
The trend began in the middle of last year and these new figures confirm the anti-New Zealand migration is over, having peaked in 2012 when a total of more than 53,000 fled to Australia.
In 2013, the net migration flow to Australia was 19,600. By 2014, this was down to 3800.
Halting the “brain drain” was a major campaign commitment of Prime Minister John Key who, after more than seven years in power, is a popular leader running a steady, successful government.
Australians would like some stability in their Governments!
Since John Key became National Party Leader, there have been six PMs of Australia.
The continued economic growth, low unemployment numbers, strong New Zealand dollar, budget surplus and migration success story of the country are all feathers in the cap of the Prime Minister, who last year joked that you “wouldn’t know who’s going to show up” when you’re expecting an Australian prime minister.
One victim of this revolving door of political leadership, former treasurer Joe Hockey, last year insisted that the lower tax rates of New Zealand were “unquestionably” part of the exodus.
A top tax rate of 33% is attractive.
The Washington Post has also reported on the change in net migration between Australia and NZ.