Migration data released today reported that 9,500 more people arrived in New Zealand than left during August. This takes NZ’s population grown to 110,000 over the past 12 months. Portfolio Manager Frances Sweetman talks with Heather du Plessis-Allan about the impact this continued increase in migration is having on our labour market and wages – but does it do enough to ‘swing the dial’ on inflation.
Milford on Newstalk ZB: 11 October 2023
Disclaimer: Milford is an active manager with views and portfolio positions subject to change. This blog is intended to provide general information only. It does not take into account your investment needs or personal circumstances. It is not intended to be viewed as investment or financial advice. Should you require financial advice you should always speak to a Financial Adviser. Past performance is not a guarantee of future performance.