More people leaving New Zealand than entering as young flee high cost of living

Thousands head overseas, partly because of economic conditions, with departures accelerating and labour shortage feared

Young New Zealanders are leaving in droves as borders reopen and economic conditions tighten at home.

The latest data from Stats NZ found that in the year to March, annual net migration was negative, with 7,300 more people leaving than entering. That loss marks a dramatic shift from early in the pandemic when border closures and the relative safety of Covid-free New Zealand prevented many from leaving. In the year to March 2020 there was a record net gain of 91,700.