Latest / The Kākā by Bernard Hickey
'Welcome to our Churn and Burn economy'
TL;DR: Aotearoa’s desperation for cheap, easy and temporary labour has turned us into the Dubai of the South Pacific, constantly churning out renting residents to live in Australia, and replacing them with migrants on barely-policed work visas that allow them to be abused, sucked dry and then spat out.
Welcome to our ‘Churn and Burn’ economy.
This state of the nation was reinforced yesterday by migration figures showing a record-high number of migrant arrivals in the year to the end of June, only partly offset by a decade-high number of mostly-young residents leaving permanently to live…
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