New Zealanders are leaving the country in record numbers, with a large number heading to Australia. Data on international migration show that this year, ending in April, there have been 130,600 departures from the country, which is the highest record in a single year, The Guardian reports .
About 81,200 New Zealanders are among those who have left the country long-term, a 41 percent increase compared to last year. The number is also a new record because it is higher than the 72,400 departures recorded in 2012.
Overall, the annual net migration gain is 98,500 as 154,900 non-Zealanders entered the country.
The largest group of immigrants arrives from India, followed by the Philippines and China.
The data also shows that last year to September, 53 per cent of New Zealand national departures were to Australia.
In recent years, New Zealanders, especially professionals and young graduates, have been leaving the country due to the high cost of living and the constant lack of jobs.
"Historically, changes in migration tend to be the result of a combination of factors - the relative economic and labor market conditions between New Zealand and the rest of the world," said Tehseen Islam, manager of population indicators at Stats NZ.
Brad Olsen, chief economist at Infometrics, adds that two main factors drive out-migration.
"Half of New Zealanders go to Australia, suggesting more people and families are looking for opportunities and moving permanently," he said.
Australian employers often try to hire workers from New Zealand by offering them higher wages and better working conditions.
"While it is normal for New Zealanders to leave their homeland, it will be increasingly difficult to convince people to return, especially if there are continuing problems with housing affordability and job prospects. As the population ages, such brain drain can be a big problem, as we need to have as many young people as possible still part of our economy, who are innovators, bring new ideas and make us more productive", concluded Olsen.