Kiwis owning property investment in Australia

[Kimm]

Hi all
We own an property in Australia and last year had a small profit that we paid tax on to the ATO at the non- resident tax rate.
I have just gone to file our NZ tax returns and it seems that the IRD site will not give us the full tax credit which I understood we were able to get under...

[donna]

Rotten homes - too much rain has exacerbated the leaky, damp, mouldy rentals. Tenants are being forced out, but with nowhere to go, they end up in 'motels'. However, when there's no room in the inn - they end up rough sleeping in tents and cars. Some charities unable to house the homeless are handing...

[donna]

Hi All,

Here's a couple of interesting updates.....




The answer was so simple, just burn the mansion down!

Source



Source

First home buyers need between 6 - 18 years to save for a deposit. 6 years in Darwin,...

[OnTheMove]

My Aus super fund was returning 12.5% has dropped to 9% in last 3 years, just as Im looking to switch to SMSF so I can buy IPs.

Given pensions will likely be benefits via WINZ (asset tested etc), its unlikely I can count on the $18k to be part of my retirement income, even though I paid...

[Andrew312]

Hi all,

Apologies if this is a simple question as I am not too versed in all this stuff, but looking for some guidance if possible.

My wife, young daughter and I (all NZ Citizens) are moving to Brisbane very shortly from Auckland. My wife has an job lined up and starts in early...

[jack2016]

Hi I have an aussie bank account and it has like 10k+ in it as I worked there in the past.

The bank wants to know if I've got tax status elsewhere.

I have no income in aus and my only tax residency is in NZ.

I'm not sure what to do, do I tell them I'm nz...

[McDuck]

Zero percent inflation in Oz this week.
Now that's odd.

I've been informed that inflation is simply a measure of the amount of goods* compared to the amount of money.
And I know that every banker and their dog is pumping out as much pretend money as they can trick the public...

[NESW]

Hello. Many moons ago (when single and fancy free) while living and working in NSW I attended a couple of property ''seminars'' that were geared towards promoting the purchasing of housing in new up and coming areas of Brisbane. For various reasons and a red flag or two, I didn't go through with...

[exnzpat]

Look West. Here it comes.

[John Martin]

I have a scenario that I hope someone with financial expertise can provide some directive answers to assist with some decisions. I am an Australian resident and I own an investment property in Auckland with a $165,000 loan and have a rental guarantee of 8.5 years at market rate. According to my calculations,...

[BlueSky]

Remember how Auckland was increasing at a rate of $1000 a day , Sydney is loosing the same amount a day now.

This is purely due to credit or lack of it... no more fuel to the fire , and this is with very low interest rates. Imagine if the interest rates were at the peak?
But instead...

[panda.po]

Hello everyone, please recommend good books on commercial property in nz (and if there's none, perhaps commercial property in australia). there are heaps of books on commercial property in the UK/US but i'm really looking for some local books that deal directly with our unique NZ commercial properties....

[vubule]

What are your thoughts on investing in these areas? As your first investment?

[Keithw]

Interesting table of current rental vacancy rates in major Australian cities.
Video discusses effect on rents from vacancy rates
<2% tends to apply upward pressure on rents
>3% tends to apply downward pressure on rents
https://realestatetalk.com.au/video-vacancy-rates-...

[PonsonbyPM]

The 14 proposed changes announced in October (2017)

• Removal of the 120-day ‘no specified reason’ to vacate. Landlords to provide a reason to end a lease.
• Limit the use of ‘end of fixed term’ notices to vacate to encourage long-term leasing.
• Landlords and agents prohibited

...