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[sharechat] ebet & aussie shares

From: "Wayne McDonald" <>
Date: Sun, 26 Sep 1999 21:25:45 +1200

the buy and sell quotes for ebet on the nz exchange don't make any sense to
me. the buy quote at fridays close of 0.48 is well in excess of the sell
quote on the aus exchange after allowing for currency conversion. this is
unlike many of the other stocks dual listed. is it any wonder there have'nt
been any traded in nz? i would appreciate someone explaining. if you wanted
to invest should you just buy ex aus?

as regards aussie shares. i realise that nz investors don't  benefit from
imputation credits. what about capital gains tax in aus. are nz domiciled
investors liable to aus capital gains tax? is there anything else worth
knowing regarding the tax status of kiwis investing in aus?

great site. i am finding it a good source of info.

many thanks

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