Kiwi in Australia: Financial Guide for New Zealanders 2025

For decades, New Zealanders—affectionately known as Kiwis—have flocked to Australia in search of sunshine, opportunity, and a bigger pay packet. As of 2025, almost 700,000 Kiwis call Australia home, and the landscape for their finances is changing. Whether you’ve just arrived or have been here for years, understanding the rules, rights, and options available to New Zealand citizens can help you get ahead financially on this side of the Tasman.

New Super Rules: What Every Kiwi Needs to Know in 2025

Superannuation has long been a sticking point for Kiwis in Australia. Historically, New Zealanders on Special Category Visas (SCV) could work and live here indefinitely, but weren’t eligible for the same social security or retirement benefits as Australian citizens. That’s changing.

• SCV Pathway to Citizenship: As of July 2023, the Albanese government streamlined the path for SCV holders to apply for Australian citizenship after four years of residence. In 2025, this means more Kiwis are becoming eligible for the full suite of superannuation and government benefits.

• Trans-Tasman Portability: Thanks to the Trans-Tasman Retirement Savings Portability Scheme, you can transfer your New Zealand KiwiSaver funds into an Australian super fund—and vice versa—making it easier to consolidate your retirement savings.

• Contributions and Tax: Kiwis working in Australia must have their employer contribute to super, just like locals. The current super guarantee rate is 11.5% (as of July 2025), so check your payslips and make voluntary contributions if you can.

Buying a Home: Can Kiwis Get a Mortgage in Australia?

The dream of owning a home in Australia is alive and well for many New Zealanders, but there are a few hurdles to jump. The good news? Most Australian lenders treat Kiwis as residents for lending purposes, so you usually don’t need Foreign Investment Review Board (FIRB) approval to buy residential property.

• Deposit Requirements: Many lenders will accept a 5–10% deposit from Kiwis, but some may require 20% for more competitive rates. Check with your bank about their policies for SCV holders.

• First Home Owner Grants: In most states, Kiwis on SCVs are eligible for the same first home buyer grants and stamp duty concessions as Australians, provided you meet other criteria.

• 2025 Market Trends: Property prices in major cities remain high, but government incentives for new builds and regional relocations are opening up new opportunities for savvy buyers.

Maximising Benefits and Avoiding Pitfalls

While Kiwis enjoy many of the same work rights as Australians, there are a few important differences that could impact your financial future.

• Centrelink Access: As of 2025, newly arrived Kiwis generally can’t access unemployment or some family benefits until they become permanent residents or citizens. However, some exceptions apply for long-term residents and those who arrived as children.

• HECS-HELP Loans: Kiwis who arrived as children and meet residency requirements can access government student loans for tertiary study in Australia. If you’re considering upskilling, check your eligibility.

• Tax and Investment: You’ll need a Tax File Number (TFN) to work and open bank accounts. Investing in shares, property, or super is straightforward, but always check the tax implications for cross-border investments, especially if you still have interests in New Zealand.

Real-World Example: The Kiwi Family Building Wealth Down Under

Consider the story of the Thompson family, who moved from Auckland to Brisbane in 2021. By 2025, both parents had transitioned to permanent residency, consolidated their KiwiSaver into Australian super, and bought a home using Queensland’s First Home Owner Grant. Their oldest daughter is starting university this year, eligible for a HECS-HELP loan thanks to her long-term residency. The Thompsons’ experience shows how new rules and smart planning can help Kiwis build a secure future in Australia.

Key Takeaways for Kiwis in Australia

• Take advantage of citizenship pathways for full access to benefits

• Consolidate retirement savings across the Tasman to maximise growth

• Explore home ownership options with favourable lending policies

• Keep up to date with 2025 government policy changes for Kiwis