22 Nov 2012

Migrant numbers up again

12:21 pm on 22 November 2012

A rise in the number of people arriving to live in New Zealand long term has led to a second month of migration gains.

Official figures show a seasonally adjusted net gain of 260 in October.

On an annual basis, there was a net loss of 2300, mainly due to people going to Australia to take advantage of higher wages and greater job opportunities.

But the flow of people to Australia slowed slightly to a net annual loss of 39,300, offset by migrants from Britain, China and India.

ANZ New Zealand senior economist Mark Smith said the number of people heading to Australia is also slowing.