The drivability of cities relies on the cost of cars (New Zealand is cheaper than Australia for second-hand vehicles but more expensive for new cars); the cost of running a car (roughly averages out at around $4500 a year in either country) and overcrowding (Australian cities are much busier than Kiwi ones, but their ...
Unlike New Zealand, Australia also has luxury car tax, which puts pressure on the used-car market. But it is not just the luxury-car market that is benefiting from the relaxed import rules in New Zealand.
Five to 10-year-old Japanese car imports are among the cheapest in the world, but new cars in New Zealand can be more than $20,000 more than drivers pay in the US.
Are cars actually more expensive in Australia? According to the Federal Chamber of Automotive Industries (FCAI), based on a like-for-like comparison conducted in 2014, “the vast majority of new cars are comparable or cheaper in Australia than overseas.”
They both offer great outdoors living and spectacular scenery, but smaller New Zealand tends to have a quieter more relaxed lifestyle, while Australia is perhaps more similar to our big cities at home, but with more sunshine.
Research from the Australian Bureau of Statistics shows that across the Tasman the average price is $669,700 AUD. That means Australia's average property price is around $180,000 AUD more than New Zealand's.
Australia is cheaper to live in than New Zealand
Australia is often called more affordable, but New Zealand comes out on top in certain areas. In Australia, the average rent price is pushed higher by house prices in Sydney and Melbourne. However, New Zealand's average house price is skewed higher because of Auckland.
Individuals: The only identification you can accept is a New Zealand driver licence. If your buyer doesn't have a New Zealand driver licence, take them to one of our agents.
The Mitsubishi Mirage XLS comes in at just $17,963.62 after a $2,026.38 rebate, making it New Zealand's new cheapest new car.
Stats NZ data showed the average price for a small car in June last year was just under $15,000, it was now over $18,000. It was the same jump for a medium car - now going for about $25,000, and a large car - which you could get for about $34,000 in March last year - was averaging $40,000.
It's Cheaper Than You Think! Vehicles in NZ almost always cost more than the same vehicle would in Australia, so don't waste time with tire-kickers and lose money selling your vehicle before you move. You could actually be saving money by bringing it with you!
Australia taxes petrol lightly
The goods and services tax charged on top of that in both nations brings the NZ excise to about NZ$0.89 per litre (A$0.83) compared to Australia's A$0.48.
For fuel-efficient cars – defined as those that claim to consume less than seven litres of fuel per 100 kilometres on the combined cycle – Luxury Car Tax is 33 per cent for every dollar above the GST-inclusive amount of $79,650.
In Australia, 10% GST is not added to most grocery staples, such as fresh fruit and vegetables, milk, bread, spices, cereal, tea and coffee. GST on fresh food in New Zealand accounted for 66% of the price difference.
The lowest median house prices in New Zealand are in Runanga, a small town 8km northeast of Greymouth.
Relocating to Australia is a process a lot of Kiwis do because we automatically get granted a Special Category Visa (SCV) and get to stay close to family and friends while earning more and having a lower cost of living. The SCV will allow New Zealanders to live and work in Australia for as long as they like.
In New Zealand, the average salary is $48,000 per year. In Australia, the average salary is $42,000 per year. This means that, on average, workers in New Zealand earn $6,000 more per year than their counterparts in Australia.
Cars in Australia sell at higher prices than in other countries such as the United States of America. This is true, especially for the most luxurious vehicles. Research shows that one can purchase a BMW M3 in the United States for as low as $88,368 while the same car would go for $139,615 minimum in Australia.
Car prices in Dubai are significantly lower than in other regions of the world, owing to an excess of cars on the market. To keep afloat, the car industry has been forced to provide steep discounts on buying new cars. The maintenance of these cars, on the other hand, is not cheap.