Hi guys
I have been doing a lot of research in this area and might have some useful info, I am a kiwi and have lived in OZ for 5yrs. I have rang some major banks in N.Z (as I will be purchasing property there very soon)BNZ,WESTPAC,ANZ to see if it was better for me to finance from this side of the Tasman or from that side, as I will continue to live here. I have found that they all said the same thing, its possible, all they require is a power of attorney who can represent you from that side. Each bank had pretty much the same rates but differed in the deposit needed (10%-20%-5%). I have decided to go with a bank called KIWI BANK who offer a 5% deposit with good rates. I rang there head office on 1-9-04 just to double check and they told me no worries just need a power of attorney and to fulfill there lending criteria. I don’t know if it would be any different for you or if my coming from NZ had anything to do with it but here is there site and there direct number to there head office.

Good Luck….
http://www.kiwibank.co.nz
Ph 00116444731133