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RE: [sharechat] Buying Aussie Shares -Reply -Reply

From:	Harley D Betts <BettsH@landcare.cri.nz>
Date:	Fri, 10 Mar 2000 17:21:12 +1200

Thanks Michael, you're right it does sound easier.  I'll keep my eyes
peeled on this one, I'm sure there will be competition from other brokers
soon with respect to trading Aust shares.

>>> Michael Sprott <MSPROTT@clear.co.nz> 10/March/2000 03:57pm
>>>
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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