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23 Oct 2020 9:30
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  •   Home > News > Business

    The assumption New Zealanders are flooding back from overseas - is a myth

    The assumption New Zealanders are flooding back from overseas - is a myth


    Net migration has plunged - almost to zero.

    Almost all border crossings are people staying for a short period of time.

    Westpac chief economist Dominick Stephens says low net migration leads to lower population growth, less need to build houses, and fewer skilled people in the country.

    He says population growth has probably halved in the space of a few months.

    © 2020 Newstalk ZB, NZCity


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     Top Stories

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    Otago rugby coach Tom Donnelly has suspended two players for breaching the team's alcohol policy ahead of tonight's Mitre 10 Cup match against Northland More...


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    A kick in the guts for Auckland's North Shore More...



     Today's News

    Law and Order:
    The death of a dog in a Christchurch public waterway has come as no surprise to some locals 9:27

    Politics:
    'Looking forward to a beer' Aussies stranded in London board first Qantas flight to Darwin 9:07

    International:
    Artists living with disability retreat to the Australian bush to find inspiration post COVID-19 lockdown 8:37

    Law and Order:
    A judge has dismissed an appeal from the driver of a tourist bus that crashed near Queenstown, causing a girl and woman to lose limbs 8:17

    Rugby:
    Otago rugby coach Tom Donnelly has suspended two players for breaching the team's alcohol policy ahead of tonight's Mitre 10 Cup match against Northland 8:07

    Business:
    A kick in the guts for Auckland's North Shore 7:57

    Sailing:
    Team New Zealand is accusing Luna Rossa of acting in bad faith 7:47

    Business:
    Momentum is building on Auckland Transport's 1.4 billion dollar Eastern Busway 7:47

    Environment:
    Christchurch residents are being urged to go easy on the water this weekend 7:37

    Law and Order:
    Jeffrey Epstein's ex-girlfriend denied introducing Prince Andrew to underage sex partners, calling the Prince's accuser an "awful fantasist" 7:37


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