News from New Zealand

There's no doubt that the flood across the Tasman is keeping NZ's unemployment rate down.

54,000 refugees, no questions asked

Australia is facing a flood of economic refugees. But the big numbers aren't from the north, they are from the across the Tasman where Statistics New Zealand yesterday announced the biggest exodus to Australia on record.

The Age,

22 August, 2012

An extraordinary 53,900 New Zealanders moved to Australia in the year to July - around the entire population of New Plymouth, New Zealand's 11th biggest city.

The number dwarfs the 9607 asylum seekers who arrived in Australian waters by boat.

The record emigration of 53,900 is a dramatic increase from the same period a year before when 46,450 New Zealanders moved to Australia - itself a record at the time.

"These are economic refugees," New Zealand Council of Trade Unions secretary Peter Conway told The Age.

New Zealand's unemployment rate is 6.8 per cent, little changed since the economic crisis. Australia's is 5.2 per cent, down on the GFC peak of 5.9 per cent. "New Zealand was hit much harder than Australia," Mr Conway said. "We didn't have the big boost in government spending you had that pushed unemployment back down. Before the crisis our unemployment rate was briefly the best in the OECD. It is now mid-range, much worse than yours."

New Zealand wages are around 20 per cent lower than Australia's when measured in terms of purchasing power.

The Closer Economic Relations agreement with New Zealand means Australia is unable to control its trans-Tasman border. It is required to accept as permanent or long-term residents as many of New Zealand's 4.4 million residents as want to move here. If present trends continue Australia's annual intake from New Zealand will exceed 100,000 within five years. New Zealand has had no net arrivals over the past year.

New Zealand's Immigration Minister was himself in Australia yesterday. Nathan Guy said he didn't normally comment on external migration as his role was looking after people coming to the country.

...

Meanwhile in New Zealand John Key is dismissing migration stats as 'nothing unusual.

As a matter of interest this radio piece is all I could find on this story – it does not seem to be of any interest to the media

PRIME MINISTER IS DISMISSING LATEST MIGRATION

The Prime Minister, John Key, is dismissing the latest flood of people to Australia as 'nothing unusual.'

For audio GO HERE



Finally petrol prices make the news, although no clues as to why petrol prices may be up.  The Israel-Iran conflict simply does not exist anywhere in the NZ media

Petrol price hits all-time high at some pumps

Radio NZ,

22 August, 2012

The price of petrol has reached an all-time high at some pumps - a whisker under $2.23 for 91 octane.

On Tuesday, Z Energy raised the price of 91 octane by 3c a litre to $2.22.9 and the price of diesel by 3c to $1.56.9.

Company spokesperson Sheena Thomas says Z had been hoping not to have to pass on a steep rise in the price of refined petrol - $14 more for a barrel of 91 octane since the end of July - but sees little prospect of costs falling in the short-term.

BP says the strength of the New Zealand dollar has allowed it not to raise its prices so far.

Ms Thomas says other fuel companies have raised prices at individual sites but the AA says no other companies have followed suit yet so drivers should shop around.