There's no sign of a drop in the number of people moving permanently to Australia.
New figures show a seasonally adjusted net loss of 660 people in July, a turnaround from increases in June and May.
In the year to the end of July, 54,000 New Zealanders left to live in Australia, while 14,000 people came the other way.
A senior economist at ANZ Bank, Mark Smith, says overall the migration trend is still positive.
