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RE: [sharechat] Buying Aussie Shares -Reply


From: Michael Sprott <MSPROTT@clear.co.nz>
Date: Fri, 10 Mar 2000 16:57:24 +1300


ASB securities offer online trading - Min $39.95 per trade. 1% commission
incl stamp duty

May be easier than an off shore account with the hassle of transferring
funds and all.

-----Original Message-----
From: Harley D Betts [mailto:BettsH@landcare.cri.nz]
Sent: Friday, March 10, 2000 5:46 PM
To: sharechat@sharechat.co.nz
Subject: [sharechat] Buying Aussie Shares -Reply


It usually comes out at around 0.15% for me, allowing for rounding - not
much to worry about in the face ot the high minimum brokerage charge
we pay from here.

Which leads me to ask:  How easy is it to set up an Aust brokerage
account from here for a small non-trader like me?  Is it worth the savings
in brokerage?

Cheers, H.

>>> David Lau <DLau@amtel.co.nz> 10/March/2000 03:43pm >>>


What do we need to pay in terms of stamp duty to trade share in
Aussie?

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