Economist predicts 'net zero' migration: What does that mean for New Zealanders
Description
New Zealand is a country of immigrants, with tens of thousands of people moving here each year.
We’re also a country of travellers, and those new arrivals help make up for the population shortfall as Kiwis migrate overseas.
Due to the stream of migrants in recent years, our population has been steadily growing, but new forecasts from one economist predicts net migration may slow to zero by 2025.
So if the number of new arrivals is even with the number of long-term departures, what impact will that have on our economic growth?
Today on The Front Page, we’re joined by Westpac senior economist Michael Gordon, to discuss his immigration projections, alongside NZ Herald business editor at large Liam Dann.
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