As Statistics NZ published its latest migration figures last Friday – a net inflow just 46 short of 70,000, and a net 32,700 into Auckland – new mayor Phil Goff was talking up growth while proposing faster measures to cut congestion, and telling the Government it needs to shift at least some of the financial burden from ratepayer to taxpayer.
Economist & financial commentator John Mauldin put a lot of US financial woes in perspective this week in his column, Thoughts from the frontline, where he highlighted the frailty of the country’s infrastructure and the likelihood that funding will prevent it being maintained or upgraded adequately.
New Zealand’s net migration inflow climbed 22% in June from a year ago to 3672 (3014 last June), taking the rolling annual figure to a net 69,090 (58,251).
Budget announcements have been trickling out of the Beehive since 13 April, and today it was the turn of the suddenly homeless to get a serving: 3000 emergency housing places/year, $41.1 million over 4 years for emergency housing & grants to non-government organisations.
The net inflow of migrants rose 20.8% in February and the annual figure hit a new high of 67,391 – 22.3% ahead of the previous 12 months and up 2.25% from January on a 12-month rolling basis.
Cruise ship based in Auckland for 5 months – Lyttelton port rebuild opens