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| Australian migration to NZ hits new high | |
| (about 4 hours later) | |
| More people are moving from Australia to New Zealand than vice versa for the first time in 24 years, officials say. | More people are moving from Australia to New Zealand than vice versa for the first time in 24 years, officials say. |
| Statistics NZ said 25,273 people migrated to New Zealand from Australia in 2015, almost two thirds of them were New Zealanders returning home. | |
| A total of 24,504 people moved from New Zealand to Australia, making a net flow of 769 people to New Zealand. | |
| This marks the highest net flow of Australians heading to New Zealand since 1991. | |
| In 2012 a record 53,000 New Zealand residents had departed for Australia, while just 13,900 people moved the other way. | |
| New Zealand and Australia have an agreement which allows most citizens to live and work in either country. | |
| New Zealand's economic and political stability, along with the end of Australia's mining boom, have been credited for the shift. | New Zealand's economic and political stability, along with the end of Australia's mining boom, have been credited for the shift. |
| The country's Reserve Bank governor Graeme Wheeler said last week that tourism, construction activity and a lift in business and consumer confidence would power growth in 2016. | |