Record number of people leave New Zealand amid cost of living pressure
Record number of people leave New Zealand amid cost of living pressures
https://www.theguardian.com/world/article/2024/jun/12/new-zealand-cost-of-living-pressures-record-people-leaving-australia
More than half those who left recently headed to Australia with promises of higher pay and better working conditions
Olsen said while it is normal for New Zealanders to leave the country, it will be harder to convince people to return, if there are ongoing issues around housing affordability and job prospects.
That ‘brain drain’ could pose problems for society as the population ages, Olsen said.
“We need to have as many young people as we can who are still part of the economy … who are being innovative and bringing their new thinking to the game so we can be more productive,” he said.
“If we are losing our young talent and we’re not able to attract them back it makes all of [that] so much harder.”