Big jump in Kiwis leaving NZ
11:30 AM Monday Nov 22, 2010

More Kiwis left to live permanently overseas in October than in any month since January 2009, seasonally adjusted figures from Statistics New Zealand show.

Total seasonally adjusted permanent and long term (PLT) departures of 6,610 in October was up from 6,200 in September, and 4,680 in October 2009.

However, permanent arrivals of migrants also rose, meaning net permanent and long term migration to New Zealand continued to trend upward in October.

This fits with economist expectations for numbers to keep increasing, putting at least some pressure on a slow housing market that has experienced a poor start to the spring selling season.

Seasonally adjusted figures show a net 680 permanent and long term migrants arrived in October, and although this was down from 1,030 in September, Statistics New Zealand's trend series for the figures continued to rise from a low in May this year.

More here.