Every couple of years government experts 'rediscover' that migration is economically positive but doesn't actually understand this. For example we proved that spending $80,000 per year could potentially save up to $80,000,000 but this was never picked up by government.
In the 2006 census confirmed migration added $3.3 billion net profit to the economy that year. I'm not sure about increasing immigration, but in 2007 I sent a report to all MPs showing how the loss of people attracted here costs NZ as much as $2 billion each year. I spoke to Michael Cullen (finance minister at the time) about this, showing how a small amount of funding could save hundreds of millions. The idea was not picked up.
To prove the idea we used our own money to run a migrant centre working to retain skilled staff for three years: $200,000 over 3 years to assist 10,000 people with value to NZ of more than $500,000,000. Although the centre was incredibly successful it still wasn't picked up by government.
The value of migration is waved around every couple of years, but never really understood by NZ's government. Shame really as I can't imagine anything else that would return value on investment to this degree.
Mike Bell (120200212)