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Auckland, August 2, 2026
Global Finance Founder and Managing Director Ajay Kumar has called for a more targeted approach to skilled migration, saying that New Zealand has a significant opportunity to strengthen economic growth by attracting professionals whose expertise matches the country’s long-term workforce needs.
Speaking on the importance of the recently signed New Zealand–India Free Trade Agreement (FTA) and the growing economic relationship between the two countries, Mr Kumar said that skilled migration should focus on addressing critical shortages across sectors including healthcare, engineering, technology, construction, education and advanced manufacturing.
The importance of planned migration
“New Zealand has always benefited from people who bring skills, innovation and an entrepreneurial mindset. When migration is aligned with genuine workforce needs, it creates opportunities not only for migrants but also for businesses, communities and the wider economy,” he said.
Mr Kumar believes that New Zealand’s future prosperity depends on combining carefully planned immigration with investment in local talent, education and productivity.
“Migration should complement New Zealand’s workforce, helping businesses grow while supporting long-term economic development,” he said.
Having worked with thousands of individuals, families and business owners over more than 25 years through Global Finance, Mr Kumar has witnessed the contribution that migrants make to business creation, home ownership and investment throughout New Zealand.
He said that many skilled migrants establish businesses, create employment opportunities and contribute significantly to regional economic development.
“The New Zealand–India relationship continues to evolve beyond trade. It is increasingly built on investment, innovation, education, entrepreneurship and people-to-people connections. This creates enormous opportunities for both countries,” Mr Kumar said.
Supporting qualified professionals
He emphasised the importance of attracting internationally qualified, experienced and competent professionals.
He said that such professionals, who can mitigate the skill shortage experienced by New Zealand, must be supported by efficient qualification recognition and practical pathways that enable skilled workers to contribute quickly to New Zealand’s economy.
He believes that targeted migration policies can help address workforce shortages while supporting sustainable economic growth and improving productivity.
“Businesses need certainty and access to the right skills. A balanced approach to skilled migration can help New Zealand remain competitive while creating long-term value for future generations,” Mr Kumar said.
He said that Global Finance has supported New Zealand families and businesses since 1999, providing mortgage, business, commercial, Construction lending and personal risk insurance such as life and Health advice across the country.
Mr Kumar said that helping people achieve financial security is closely linked to building stronger communities and supporting New Zealand’s broader economic success.
“As New Zealand looks toward the future, collaboration between government, business and communities will be essential. With thoughtful policy settings and strong international partnerships, New Zealand is well positioned to continue attracting talent that supports sustainable growth,” he said.
Mr Kumar also feels that when big countries impose many restrictions including tariff, these bilateral agreements play a vital role in promoting fair trade and people to people connections which are essential for overall growth of the country.
About Global Finance
Established in 1999, and licenced by the Financial Markets Authority, Global Finance is one of New Zealand’s leading mortgage and insurance advisory firms, helping thousands of families and businesses with home loans, commercial finance and personal risk insurance. The company has arranged more than $19 billion in loans and personal risk insurance covers. With the ability to provide financial advice across New Zealand, Global Finance remains committed to delivering professional advice and helping clients achieve their financial goals in an area of their expertise.