Kiwibank warns of the highest level of emigration in a decade as New Zealanders face high costs at home and opportunities abroad, reports The Spinoff. New Zealand has a tight labour market, record low unemployment and a clean green image around the world. The country also has comparatively low salaries, a high cost-of-living, breathtakingly expensive houses and sometimes limited opportunities. But little of this is new, and it’s hard to predict what exactly will happen in the coming months.