Immigration account $150 million in the red, visa numbers overestimated
Source: Radio New Zealand 123rf.com Over-optimistic forecasting of visa numbers has contributed to a blow-out in Immigration New Zealand’s finances. Visa fees rose sharply in 2024, but the agency’s memorandum account – balancing costs and visa revenue – has sunk into a $152 million deficit. The education and workforce select committee heard that deficit is … Read more