Why Are New Zealanders Moving to Australia? More Money, Better Vibes.
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Over the year ending in October, more than 1% of New Zealand's population, exceeding 71,000 citizens, emigrated, marking the highest outbound migration since the 2008 financial crisis. A significant portion of these New Zealanders are moving to Australia, drawn by better salaries, career prospects, and a lower cost of living. This migration is facilitated by a reciprocal visa arrangement allowing New Zealanders to live and work in Australia indefinitely. The exodus is driven by dissatisfaction with New Zealand's weak labor market and sluggish post-pandemic economy. Even high-profile figures, like the former mayor of Wellington, are relocating to Australia seeking brighter opportunities.
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