New Zealand breaks all records

New Zealand records biggest population increase in more than 30 years address Bloomberg, Which states that the latest data published by the government agency Statistics New Zealand shows 118,835 new arrivals in the twelve months (September 2022 to September 2023).)During this period, New Zealand's population increased by 2.7%, “Fastest rate recorded since 1992.”

“We are talking about very, very large numbers for a small economy like ours.” Jarrod Kerr, chief economist at Kiwi Bank, comments: “The country has a total population of just over 5 million. Since the country reopened its borders in 2022, following the Covid-19 pandemic, population growth has performed better than expected, recovering from the sluggish figures recorded the previous year.

This is largely due to the incentives provided by the government, particularly the “Green List” Occupations in shortage are updated regularly, allowing employers to hire. Easily abroad and for newcomers hoping to get permanent residency very quickly.

From the beginning of next year, more professions will be added to the “green list”, as announced by Immigration Minister Andrew Little last September. They will particularly concern sectors such as IT, automotive and engineering, US location Business from the inside, Which adds: “If you've ever thought about moving to New Zealand, now is probably the time.”

However, some experts stress the risks that too rapid demographic growth poses to the country. Especially when it comes to inflation and the housing crisis. Newcomers settling in Auckland account for half of the country’s total net migration gain, Paul Spoonley points out on the site Conversation. This means that the city will witness significant population growth, while the cost of housing has already reached record levels.

The researcher cites a study on immigration conducted in 2022 at the request of the Ministry of Finance, which also warned of “infrastructure deficit” The country is suffering from “Investments have failed to keep pace with population growth”