House Prices

Pay 'much better' abroad

Justin Dufty and Vanessa Thomas bought two New Zealand beach properties with money saved while working in London.

Wednesday, February 02nd 2005

But the couple – and the estimated 800,000 other expatriate New Zealanders living overseas – may soon be lured home if Government plans to reverse the brain drain are successful.

Prime Minister Helen Clark announced plans to focus on attracting New Zealanders overseas back home during her State of the Nation speech at Parliament's reopening yesterday.

But Thomas, 27, said there was little apart from a substantial cash payment on returning to New Zealand which could persuade the couple to trade their substantially better wages and busy lifestyle to return home.

"There's lots to do over here and we have made friends here. We get so much better pay here than we would in New Zealand and there's such a lot of things here you don't get at home," she said.

Dufty, 30, said while he could earn 600 a week working as a foreman on a London building site, in New Zealand he would earn about $600 a week.

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Heartland Bank - Online 6.69
SBS FirstHome Combo 6.74
Wairarapa Building Society 6.95
Unity 6.99
Co-operative Bank - First Home Special 7.04
ICBC 7.05
China Construction Bank 7.09
BNZ - Classic 7.24
ASB Bank 7.24
ANZ Special 7.24
TSB Special 7.24
Unity First Home Buyer special 6.45
Heartland Bank - Online 6.45
China Construction Bank 6.75
TSB Special 6.75
ICBC 6.75
ANZ Special 6.79
ASB Bank 6.79
AIA - Go Home Loans 6.79
Kiwibank Special 6.79
BNZ - Classic 6.79
Unity 6.79
Westpac Special 6.39
China Construction Bank 6.40
ICBC 6.49
SBS Bank Special 6.55
Kiwibank Special 6.55
BNZ - Classic 6.55
Co-operative Bank - Owner Occ 6.55
ASB Bank 6.55
AIA - Go Home Loans 6.55
TSB Special 6.59
Kainga Ora 6.99
SBS FirstHome Combo 6.19
AIA - Back My Build 6.19
ANZ Blueprint to Build 7.39
Credit Union Auckland 7.70
ICBC 7.85
Heartland Bank - Online 7.99
Pepper Money Essential 8.29
Co-operative Bank - Owner Occ 8.40
Co-operative Bank - Standard 8.40
First Credit Union Standard 8.50
Kiwibank 8.50

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