NZ brain drain in decline

When Australian growth figures were released a fortnight ago, many in New Zealand sighed and carried on: the cross-Tasman brain drain – now 1000 people a week – was clearly set to continue apace. But will it?

New Zealand’s national character could fairly be categorised as Scottish Protestant. It is a culture that easily lends itself to dour pessimism. But a closer look reveals that compared with Australia’s south-east, NZ’s economy is travelling rather well.

The nation’s pessimism, while natural, is misplaced. The economy is growing, albeit slowly.

Link: http://afr.com/p/opinion/nz_brain_drain_in_decline_CD8wLGzqb1GzLVHZq2Kp2I