Parker's first investment property in Bay of Plenty was purchased for $NZ1.6 million about 18 months ago. Parker purchased an investment property in New Zealand herself last year and is now purchasing a commercial property in the country. The federal government's capital gains tax discount and ban on SMSF residential lending is pushing more Aussie investors to look for opportunities across the ditch. Aussies urged to do due diligenceSmith encouraged Aussies considering New Zealand investment to do their due diligence. "I see property investment as a really long-term game and because of that I'm pretty experienced with weathering changes in government policy.