Thousands of Kiwis Move to Australia Despite Housing Costs

The migration of New Zealand citizens to Australia has surged, with a recent analysis revealing significant economic factors influencing this trend. Despite higher housing costs in Australia, wages are attracting thousands of Kiwis each month, leading to a net loss of 30,000 citizens from New Zealand in 2022, the highest in over a decade. This ongoing exodus is driven largely by the pursuit of better financial opportunities.

Economic Analysis Highlights Key Factors

According to an exclusive cost-of-living analysis conducted by the Herald, cities in Australia generally offer higher wages, which are approximately 38% greater than those available in major New Zealand metropolitan areas. This wage differential is significant, particularly when juxtaposed with the rising costs of housing.

Housing prices in Australia’s major cities are, on average, 12% higher to purchase and 22% more expensive to rent compared to similar cities in New Zealand. Families moving to Australia are often willing to accept these higher costs in exchange for the promise of greater earning potential.

As Ben Leahy reports, the experiences of Kiwi families who have relocated illustrate the nuances of this migration trend. While they acknowledge the financial benefits, they also highlight the challenges posed by the increased cost of living, particularly in housing. Families are adjusting to the realities of higher rents and property prices while trying to maintain their lifestyle.

Ongoing Migration Trends and Implications

Data from Stats NZ indicates that the trend is not slowing; tens of thousands of Kiwis continue to leave for Australia as of June 2025. The desire for better job opportunities, particularly in sectors like technology and healthcare, remains a compelling factor. Many are drawn to Australia’s robust job market and the potential for career advancement, which is often perceived as more accessible than in New Zealand.

While the Australian economy presents opportunities, it is important to note that it is not without its challenges. Reports indicate that rising interest rates and inflation are impacting the financial landscape. These factors could influence future migration patterns as individuals weigh the benefits against the cost of living.

The ongoing movement of New Zealand citizens across the Tasman Sea reflects broader economic trends and personal aspirations. As families navigate the complexities of relocation, the balance between income potential and living costs continues to shape their decisions. The implications of this migration are significant for both countries, highlighting shifts in labor dynamics and economic resilience.