Jenee Tibshraeny: NZ Herald Wellington business editor on the impact increased migration rates will have on productivity
Higher-than-expected net migration is promised to prop up economic growth and fuel the property market- but Treasury has other ideas.
Treasury doesn't believe the influx of new people will improve the nation's productivity- rather, it believes the demand generated will outweigh the boost to the labour market and keep inflation high.
NZ Herald Wellington business editor Jenee Tibshraeny explores potential solutions here.
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