Migration still at record levels but signs of slowdown

Migrant arrivals and departures have hit record levels in the past year, but the monthly gain is slowing. Stats NZ says there was a net gain of 5-thousand-300 migrants in January, the lowest since October 2022. The surge of migrants who have settled since borders were opened and visa rules relaxed is showing clear signs of slowing down. Charlotte Cook speaks with Chief Executive and Principal Economist at Infometrics Brad Olsen to find out what the figures mean.