21 Sep 2012

NZ workforce moving to Australia

7:53 pm on 21 September 2012

The exodus of people across the Tasman is continuing.

Official figures show departures exceed arrivals, with a seasonally-adjusted net loss of 340 people in August, the second successive monthly fall.

On an annual basis, departures exceeded arrivals by 4118.

A record net 40,000 people headed to Australia, and ANZ senior economist Mark Smith says they're being drawn by a stronger labour market, particularly in the mining sector.

"Though, of late, there is increasingly a two-speed Australian economy," he says.

Separately, the number of visitors rose 1.4% in August, led by travellers from China and Australia.

For the year, tourist numbers rose 5% to 2.64 million, which was mainly due to the influx of people for the Rugby World Cup last year.