TLDR: This morning I talk with NZIER Economist Peter Wilson about last night’s big migration reset speech, which set out an ambition to leave the tap of cheap temporary migrants off when the Covid-19 border restrictions end.
My more detailed analysis from last night is here.
The key facts to take away from the speech: Aotearoa-NZ has the highest rate of temporary workers in the OECD (5% of workforce), 80% of residency approvals went to temporary workers already here, and nearly half of all essential skills visa approvals in 2019 were at the two lowest skill levels. The most vulnerable sectors are aged care, where 55% of workers are on some sort of visa, horticulture, agriculture, service stations, liquor stores and Uber.
Scoops and news breaking this morning
Elsewhere briefly in our political economy






In the global political economy


Sign of the times news




Longer reads and listens






Some fun things
The sun rose at 7:24 am today in Wellington. It will rise tomorrow at 7:25 am.
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