Antipodean Macro

Antipodean Macro

Only Charts

ONLY CHARTS #524

NZ immigration & travel, NZ PMI, Aus labour cost growth by industry, NZ Q4 GDP nowcast

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Antipodean Macro
Mar 13, 2026
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1. Monthly estimates of New Zealand’s net immigration increased in January and there were upward revisions to recent prior prints.

Preliminary annualised net immigration in January was equivalent to 1% of New Zealand’s population.

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