NZ Shares

does anyone know an aussie broker who sells nz shares? Ive got a small parcel that i want to get rid of by comsec doesnt do them.

Ive had a quick look at websites but im not really finding alot..

 

Hi Dave,

Macquarie and GSJBW both do NZ shares.

Cheers,

Dan

 

cool,

GSJBW charge $99 for brokerage but from what i saw it seems i need to have one of their cash management trusts to settle. I might need to ring them on monday.

I couldnt see anything in macq except for them wanting to use prime....

 

Hi Dave,

You can use any bank account. You'll need to complete a Direct Deposit form advising them of your banking details.

I've worked at GSJBW for 3 good years, they treat employees very well.

They do promote the Were CMT or Were Deposit Notes naturally as it is their own product, though many clients have Macquarie CMT's but they can pay into any standard bank account with a BSB and a/c number.

I've got a Deposit Note account myself.

Cheers,

Dan

PS This is general information and not a recommendation to any cash holding accounts or deposits. Before making an investment decision speak to your FPA registered financial planner, accountant, tax adviser or stockbroker.

 

cool, well macq only trade us and i cant find anyone else who does it

so looks like im stuck into paying the $99 - thats the problem with international shares i guess. (and also with $1000 employee share plans )

Hoping to sign up as a non member once of trading account if it costs no more to trade however will take the member option if i need to

Thanks for your help

Cheers

 

if its only $1000, prehaps just keep them there? who knows in 5-10 years time you might get a suprise and a small unexpected windfall?