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New Zealand seeks rich investors, high-skilled labour in immigration reset

New Zealand is set to phase out lower-skilled migrants and lure wealthy investors in what Prime Minister Jacinda Ardern’s administration has billed as a “once-in-a-generation reset” of its immigration system.Ardern on Tuesday said reliance on a temporary workforce had doubled in the last 10 years to 200,000, and this had not only suppressed wages in some sectors, but also put pressure on infrastructure and pushed up the costs of living, including for housing.“We’ve long pointed to the fact a…

Read the original article at South China Morning Post

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