"Does anyone know the general tax compliance issues for an Aussie living abroad for more than 6 months of the financial year?
My general understanding is that I would be liable to pay tax at a non-resident rate."
Can't see any obvious benefits & may be long term welfare / medicare restrictions as per UK
as a resident 08 -09 0% tax $0 - $6000 15% $6k - $34k [ ~ $4.2k + medicare ] from there on much the same, but depending on age, taxable earnings above $34k can be contributed to your smsf @ 15% input tax. happy to be corrected but found it advantageous to remain a resident.
