We have heard much recently about the so called drain on the economy by migrants. Well the Herald reports today on an immigration conference held in Wellington where the Department of Labour has this to say:
Flashing headlines like "Peters names immigration as key driver of inflation" and "Pacific migrants drain on economy" couldn't be further from the truth
recent studies had found that overseas-born migrants contributed $8.1 billion to the economy in 2006, while using $4.81 billion in benefits and services. In comparison, New Zealand-born citizens contributed $24.76 billion and used $21.92 billion in benefits and services.
It will be interesting to see the reaction from those critics who vaunted the recent cut and paste statistical analysis of Massey University's Greg Clydesdale.