KEY POINTS:
The business community is struggling to understand the Government's decision to cut the number of skilled migrants.
Immigration Minister David Cunliffe has announced the migrant target for the coming year will be 45,000 to 50,000 people compared with 47,000 to 52,000 in the past year.
Michael Barnett, CEO of the Auckland Chamber of Commerce says it is an odd move which comes as businesses face a skills shortage and must look offshore for staff. Mr Barnett says the lowered upper limit will add even more pressure on companies.
Marcus Beveridge from the Association of Migration and Investment says if anything New Zealand should be allowing more people to settle.
- NEWSTALK ZB
