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October 11, 2023 • 3 mins

Net migration has reached a new record high.

Stats NZ says in the year to August, 110,000 more people moved to New Zealand than left.

Arrivals reached an all-time high of 225,000, and migrant departures got to 115,000.

Milford Asset Management's Frances Sweetman explains why this new wave of migrant workers are drawn to New Zealand.

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