Best Property Stock with Good Yield In Aus

[Joshuatree]

Thanks mate.

[Joshuatree]

Got a top up today @ 47c very nice.

[777]

After tax considerations are the Aussie ones any better than the listed NZ property stocks.

[Joshuatree]

777 , nearly 10% div atm and that is increased if your $A div is converted to $kiwi , maybe .8 of 1% extra.. Read Steves post re 9 posts back re prop trusts in Aus dont pay tax and give distributions. Imp credits help us here of course. cheers

[777]

Your yield cannot increase simply changing the currency. Yield is A$ div against A$ share price and NZ$ equivalent div against NZ$ equivalent share price. Same result.

As a large holder in NZ LPT my net yield is 5.46% which grosses up to 8.14% at 33c tax rate. No currency risk and they are mostly taxed under the PIE regime. Your 10% after tax (projected) is going to net you 6.7%. Or you may have to be taxed under the FIF system which may in fact reduce your tax liability.

I don't see much point in going for dividend yield investments off shore. Growth stocks of course are a different beast.

[Joshuatree]

Will have to agree to disagree mate you stick with what you believe, was happy to share with you.

[777]

Yep. Each to the own. Cheers

[RRR]

I stick to nz LPTs for the reasons mentioned by 777.

[kiwi2]

Hi 777 and RRR,
Now don't be too harsh on me as this is my fist post :-)
But I do want to invest in NZ property owning companies.

Can you please tell me what are "NZ LPT's" to which you refer ?

Where do I go to find out what is available here in NZ.

Thanks.

[Joshuatree]

Go to the nzx stock exchange website and trawl thru all the listed prop companies for starters cheers jt