Thanks to all for the advice. Minimogul, I did not see a ‘due diligence’ clause in my contract/s. I have made purchase conditional on LIM and finance, however there was nothing specifically referring to ‘due diligence’ in the contract.

Thanks Robsta, my problem being my loan (soon to be for 2 investment properties in NZ) is financed from Australia, and has to be paid monthly of course. I realise I probably can’t avoid the exchange rate losses, however would like to know how I can reduce money transfer fees, or any other tips in this regard.

Hi, I’d appreciate some help also. I have just bought in NZ.
1) Am I better to use an existing Oz a/c for rents or open an NZ bank a/c in respect of fees etc?
2)How do you pay tax on NZ income?
3)Is there a cooling off period on contracts of sale?

Hi, I’d appreciate some help also. I have just bought in NZ.
1) Am I better to use an existing Oz a/c for rents or open an NZ bank a/c in respect of fees etc?
2)How do you pay tax on NZ income?
3)Is there a cooling off period on contracts of sale?