New Zealand election result stokes housing, migration fears


New Zealand Labour leader Jacinda Ardern speaks to the press after leader of New Zealand First party Winston Peters announced his support for her party in Wellington, New Zealand, October 19, 2017. REUTERS/Charlotte Greenfield

SYDNEY/WELLINGTON (Reuters) - Temporary workers and foreign students previously drawn to New Zealand on the promise of gaining residency will start leaving en masse, migration agents say, as the incoming coalition government promises to cut record migration.

The tie-up between the traditionally centre-left Labour Party and nationalist New Zealand First represents an abrupt shift in the formerly open door policy that fuelled strong economic growth but has also been blamed for soaring house prices and growing inequality.

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