Record 41,000 New Zealanders Move to Australia in 2025, Drawn by Stronger Jobs Market
A record 41,000 New Zealanders moved to Australia in 2025, the highest in 12 years, driven by a stronger jobs market and higher wages, while net migration to New Zealand hit a record low.
A record 41,000 New Zealanders moved to Australia in 2025, the highest number in 12 years, drawn by a more robust jobs market and higher wages.
This exodus has pushed net citizen migration to its lowest level since records began, and unlike in past waves, many are not returning. The trend is significant for stock markets and equities traders because it signals a shift in labor supply and consumer demand between the two economies. A shrinking workforce in New Zealand could pressure wages and corporate margins, while Australia benefits from an influx of skilled workers. Live stocks prices on NowPrice show how the market is reacting in real time.
Investors should watch for upcoming employment and GDP data from both countries, as well as any policy responses from the New Zealand government to stem the outflow. The Reserve Bank of New Zealand's next rate decision will also be closely monitored for its impact on currency and equity markets.