New Zealand Population Surges Most Since World Turmoil of 1974 - Bloomberg

New Zealand Population Surges Most Since World Turmoil of 1974... http://ift.tt/2r7Jgth New Zealand Population Surges Most Since World Turmoil of 1974 by The last time New Zealand’s population grew this much, the world was reeling from an oil crisis and Richard Nixon’s resignation from the White House. The most important business stories of the day. Get Bloomberg's daily newsletter. The small nation at the bottom of the South Pacific saw its population surge by 100,300 people in the year to March 31, the biggest nominal increase since European colonization began in the 1840s, according to Statistics New Zealand. In percentage terms, the 2.1 percent gain is the largest since 1974, the year the price of oil quadrupled and U.S. President Nixon was forced to resign by the Watergate scandal. Then as now, New Zealand’s isolation, relative safety, natural beauty and political stability make it an attractive destination for migrants, who are driving the population increase. Record immigration added a net 71,900 people in the year through March, while natural population growth contributed 28,300. “New Zealand is an island of calm in t
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