Hi Gerald

Firstly thanks for your reply.

In response to your point number 1, within the next 5-10 years my investment objective will not be to replace work time with income from positive cash flow. Believe it or not I’m quite interested in and passionate about my present career, so much so, that I intend to keep doing it for a while. Ask me the same question in 10 years time and I might provide a different answer mind you.

In response to point number 2, I would like to take advantage of the FHOG, however I am unsure if the FHOG is a good enough reason to purchase a owner/occupier property at this stage. Particularly given Sydney’s current property climate. I would like to think that the money I save through being provided a stamp duty exemption and the FHOG would be substantial enough to warrant considering this option. My basic question is this: is the FHOG and stamp duty exemption a good enough proposition to purchase a owner/occupier property?
I have to start somewhere and is this a good starting point?

As for properties in New Zealand, a friend of mine is going over there to search for property soon. Any information that you have as for locations, contacts etc would be appreciated.

Thanks