Population reaches 5 million

Staff reporters
Mon, 18 May 2020

New Zealand’s population crossed the five-million threshold in March.Stats NZ said the estimated resident population at the end of the month was 5,002,100, making the rhetorical “team of five million” an official reality. Population insights senior manager Brooke Theyers said the agency had expected the milestone to be reached this year, but it may have been brought forward slightly by the covid-19 pandemic.“Net migration has been boosted by more New Zealand citizens returning home after living overseas,” she...
Finance
Regulator sues ANZ over credit card insurance
Dan Brunskill | Fri, 05 Jun 2020

The Financial Markets Authority has filed High Court proceedings against ANZ Bank New Zealand, alleging it charged some customers for credit card repayment insurance policies that offered those custom...

Markets
MARKET OPEN: Profit taking may be the flavour of the day, US jobs data in focus
Rebecca Howard | Fri, 05 Jun 2020

Weaker offshore markets may spill over into New Zealand as investors look to lock in profits after several positive days. Wall Street is set to end its four-day rally ahead of the May non-farm payr...

Infrastructure
Loss expected from NZ Steel on covid shutdown
Gavin Evans | Fri, 05 Jun 2020

BlueScope Steel’s New Zealand business could post its first half-yearly loss in four years on the back of the country’s strict covid-19 shutdown, Jarden analysts say. The New Zealand Steel and Paci...

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