(Reuters) - Josh Hazlewood took a five-wicket haul to skittle New Zealand for 162 as Australia held the whip hand at the end of day one of the second test in Christchurch on Friday.

Australia, who won the toss and elected to field, were 124 for four at stumps at Hagley Oval, with Marnus Labuschagne 45 not out and nightwatchman Nathan Lyon on one run, having whittled New Zealand's lead to 38 runs.