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Kiwis Heading Back Home | Auckland News
Kiwis are snapping back home as Australia’s lure fades—28,500 more New Zealanders moved to Australia last year, but signs point to a reversal. While Aussie wages and GDP per capita have long pulled ahead thanks to mining and trade, Kiwis are now facing less housing pressure at home and Australia’s economy is slowing with rising rates and unemployment. Job ads in NZ are climbing while Australia’s stall, hinting at a narrowing gap. Still, skilled workers can earn more in Australia—and its bigger market remains attractive. For NZ to truly compete, it needs sustained productivity growth, not just…
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