6  BIS central bankers’ speeches  Much of the current surge in net immigration is explained by weakness in the Australian labour market that has made New Zealand a relatively more attractive place to live. Fewer New Zealanders are departing for Australia, more are returning home, and foreign migrants who may have considered migrating to Australia are coming to New Zealand.
In other words, without integrity, you would rather not have – or be – an employee with skills and energy. I would like to go back briefly to the issue of technology, but approaching it from a different perspective.