New Zealand is ranked second most prosperous country in world
According to the Legatum Prosperity Index 2018, among 149 countries, New Zealand is ranked second most prosperous country in world. The top 5 countries are Norway, Finland, Switzerland and Denmark.
The judging criteria of this index are based on 9 pillars of prosperity, which includes education, economic quality, health, governance, personal freedom, business environment, social capital, safety and security and the natural environment. In the aspect of social capital, with strong personal and social relationship, also the social norms and civic participation, New Zealand ranked in the top among other countries.
New Zealand’s new government has announced its proposal to adding teachers, construction managers and cafe & restaurant managers into the Essential Skills in Demand list. Being included in this list provides a fast-track permits to these applicants and make it easier for employers in New Zealand to hire them from overseas.
The general manager of New Zealand Immigration also added that the employers do not have to provide reasons to verify their decisions to hire overseas workers, and do not have to show that there are no suitable New Zealand applicants for the job.
Primary school teachers are also being requested, by the Ministry of Education, to be included in both the immediate and long-term priority lists, while secondary school teachers being included in the immediate list.
Business Confidence in New Zealand Rose in September
Business confidence has bounced in September which is its highest level since May 2019, it shows that companies are more upbeat about the economy outlook and their performance in the coming year.
According to ANZ bank’s survey, in September, 38.3% respondents expecting economy condition will get worse over the next year. Although the data seems high, compared with previous survey which showed that 50.3% respondents were pessimistic about the economy, this new data indicates the improvement in companies’ expectation towards the general economy outlook.
Moreover, according to the survey, employment intention and profit expectation had also improved in September. While there are fewer companies saying that they will increase their investment in the coming year.
Regarding to the New Zealand-India Academic conclave, which aims to strengthen the educational foundations and people-to-people relationship of the two countries, around 14 New Zealand visiting academicians will deliver 44 lectures across 21 India universities. It is worth highlighting that in 2018, there is an 15% increase in Indian students’ choice in choosing New Zealand universities to continue their study.
There were several changes in New Zealand’s immigration setting, these involve the launch of a 3-year open work visa for bachelor’s degree (Level 7) or above international students; removal of employer-assisted post-study work visas at all levels; and the provision of 1-year post study open work visas for Level 4-6 and non-degree Level 7 (certificate programs and diplomas) students. Also, Level 8 qualified students in an area on long-term skills shortage list of New Zealand may bring their partner and dependent children.
Cardrona Alpine Resort’s plan to develop the largest alpine resort in New Zealand
Queenstown businessman John Darby and Cardrona Alpine Resort have partnered up to develop the largest alpine resort in New Zealand. The project will incorporate Cardrona and a new Soho Basin ski area, which is located between Queenstown and Wanaka. This alpine resort in New Zealand will be a new, truly world class ski destination equipped with integrated facilities and amenities.
The Cardrona Alpine Resort is currently in the third year of a five-year Soho expansion plan, which includes the installation of a $10 million cabin-style gondola, renovation of the Base Area buildings, and expansion on shuttle service. The plan also has implications on Cardrona's summer operations, which further enhances the activities and services provided by mountain resorts in New Zealand during summer.
New Zealand proposed changes to post-study work visas
According to Ministry of Business, Innovation and Employment’s document, New Zealand government has proposed changes to post-study work visas for international students. The changes would enhance international student’s skill level required to process to permanent residency, while allowing them to gain work experience in New Zealand upon end of studies.
It is believed that requiring a higher skills level may bring benefits to the ELT industry. The changes may cause more students to pursue higher level qualifications, and this may affect the level of English required for pathway programs. Also, the changes may simplify things for students in process to permanent residency, at the same time encouraging them to get higher qualifications which can benefit them in the job market.
There has been an upsurge in migration to New Zealand due to a combination of international events. Moving to New Zealand has been gaining popularity after the vote on non-retirement rule by Supreme Court in US and UK's Brexit. According to the latest statistics, there was a significant increase in interest after these key votes.
New Zealand is an ideal place to live as it has a low population, and it is a multicultural country that very tolerant.
The effect of these key votes on the migration trend is seemed to be long-lived: both the non-retirement rule in US and the Brexit decision in UK are irreversible.
The comprehensive report "Beyond commodities: Manufacturing into the future", published by the Ministry of Business, Innovation and Employment of New Zealand, highlighted
several current key strengths and challenges faced by the manufacturing sector of New Zealand. The report showed the highly diversified manufacturing sector in New Zealand but also identified some challenges, for example, the lack of scale relative to some international competitors. It also highlighted
the increasingly digitised and automated manufacturing sector, namely Industry 4.0. Industry 4.0 refers to the current trend of automation and data exchange in manufacturing technologies such as 3D printing and artificial intelligence. These technologies improve the flexibility and profitability of manufacturers
as they can utilize the technology to differentiate themselves through innovation, quality, brand and service. Economic development minister David Parker commented and suggested the New Zealand government to engage in establishing a new policy platform to promote Industry 4.0 in New Zealand and create a competitive edge in the international market.
New Zealand house price growth quickest in nine months in March
House prices in New Zealand have been going up, which brings both good news and bad news to the potential migrants. While immigrant investors might be
looking forward to yield the profits, the new Labour-led government has been planning to curb the trend by imposing taxes on investors and banning foreigners’ buying of properties.
There still are heated debates going on with these suggested solutions, which certainly buys some time for potential migrants. Get in touch with us promptly for more information now.
14 March 2018
NZ Labour Shortages
New Zealand has been facing struggles with sufficient local labor supply in certain industries, including teaching, hospitality and tourism, horticulture and agriculture, and Information Technology. They have been relying on incoming skilled workers from overseas to support the escalating, yet unfulfilled demands. Though Kiwis might consider these jobs as less promising, potential immigrants
could make an entrance with short-term work and/or study visas, and at the same time adapt to the local lifestyle.
Families and Groups can now Apply Online in 1 Single Visitor visa Application
Visiting New Zealand has never been this easy and handy ever. The advancement of the New Zealand online immigration system is making the application process of visas more efficient and less costly, as the paper-based applications are being replaced.
Individuals travelling together and families could now hand in a group of applications together, which has augmented the productivity of the processing by related department. The online system is doing a great job, and a further upgrade will be carried out for partner or dependent child applications for visas in around May.
And certainly, we would familiarise ourselves with the online new functions to deliver the best immigration service to you.