A generation is leaving at a rate of one A320-load per day

The Kākā by Bernard Hickey · May 14, 2024 · 26m

TL;DR: The economy and housing market is sinking into a longer recession through the winter after a slump in business and consumer confidence in the March quarter, driven partly by abrupt freezes in Government funding for housing, transport, school and hospital investment.

That happened as an average of 166 New Zealand citizens left the country every day during those 90 days, which was up 54% from a year ago. They were replaced by almost the same number of people with temporary work and student visas from India, the Philippines and China.

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