It does n't make any difference to Import Approvals and Customs whether its complete or in parts.
I doubt it will be cheaper as someone (shipping agent/customs/AQIS) will insist that ALL the parts are listed on the Bill of Lading for your crate and that will cost more than the bike. AQIS will be harder with lots of bits. Customs will probably become interested as well - which costs more if they inspect.
Have a look on Bikepoint/Trading Post etc and see if you can get a price for the same year/model - that will be the market value of the bike for Customs unless you can produce a 50 Quid invoice.
You have an absolute right to import the bike as it was built pre 1989, but still need an import approval from Dept of Infrastructure - $50.
You will pay 10% duty on the invoice or market value, then add 10% GST to the total of the bike (duty + invoice) and the shipping costs, AQIS fees and Customs entry (into computers) fee. Plus whatever the shipping company, stevedores and transport company charge to get it to you.
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