Dear MEL Topic Readers,
Former leader Ardern has left New Zealand. She’s not the only one
Compared with New Zealand, Australia is 28 times larger in land size
and five times larger in population. Australia’s average economic output per
person, GDP per capita, is over USD 65,000, and New Zealand's is around USD
48,000. Last year, both countries had about a 3%+ inflation. Sydney and
Melbourne are the two largest cities in Australia, with a population of over
five million respectively, while roughly one-third of New Zealanders, or 1.7
million, live in the largest city, Auckland. Thanks to the free movement
agreements, citizens of either country can move and live in the other freely. Which
of these two closely located Oceanian countries offers economic advantages over
the other? Recently, migration between Australia and New Zealand has
experienced a significant surge, with record numbers of New Zealanders moving
to Australia for higher wages, better opportunities, and lower costs of living.
Last year, over 120,000 New Zealanders emigrated, fueled by rising living costs
and a weakening job market, and 60% of them settled in Australia, including the
former prime minister and her family. Economic advantages seem to overwhelm national
identity or values to many young people and families, causing so-called brain-drain
to New Zealand.
Read the article and learn about the emigration crisis in New Zealand.
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