Keep The Change New Zealand's Population Crisis: What's Really Happening w Professor Paul Spoonley
For 12 months, 70,000 New Zealand citizens have left to live overseas. 60% went to Australia. That's the highest we've ever seen.
Our most popular guest yet, Professor Paul Spoonley is back to break down what's really happening: we're losing young graduates, skilled workers, and even 30-somethings who've been in our workforce for years. Meanwhile, net migration has dropped to just 10,000, we've "emptied the coffers" on population growth.
The economics are brutal, Australia's offering higher wages on top of relocation fees, while NZ graduates are unable to find jobs whilst sitting with massive debt, so why not move somewhere that pays more?
We're facing a 250,000 worker shortage over the next 20 years, but we're losing our best people to countries that value them more.
New Zealand has changed. The question is: are we adapting fast enough?
Find Paul Spoonley on X: https://x.com/PSpoonley
Amy from http://Levridge.co.nz has come on as a sponsor of Keep The Change to help people with their financial planning.
Stuck? Find Amy : amy@levridge.co.nz
Instagram: https://www.instagram.com/amy.levridge
Website: https://www.levridge.co.nz
Get tickets to the 2nd annual in person 'keep the change unplugged' event: https://www.ticketmaster.co.nz/keep-the-change-tickets/artist/3925924
I believe 100,000 kiwi with better financial literacy will create a better New Zealand. The Generate KiwiSaver Scheme are helping me reach this goal. Cheers Generate. Head to https://www.generatewealth.co.nz/change/ to find out more.
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