UK tightening up employment norms for NZ and Australians - ANZ

Sandeep Kanihama FXStreet Contributor

The research team at ANZ notes that there were news reports overnight that UK Prime Minister May will make it more difficult for New Zealanders and Australians to find and keep jobs in the UK, and will also charge them to access the National Health Service.

Key Quotes

“It’s a natural response to the anti-immigration populist vote. It will likely add another couple of thousand to New Zealand’s already booming migration figures, which show few signs of waning. In fact, they are set to be boosted by other countries (including Australia) making it less attractive for New Zealanders to up sticks.”

Author

Sandeep Kanihama

FXStreet Contributor

Sandeep Kanihama is an FX Editor and Analyst with FXstreet having principally focus area on Asia and European markets with commodity, currency and equities coverage. He is stationed in the Indian capital city of Delhi.

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