Australia Guide: Money

Our money guide provides information on bank accounts, credit and debit cards and money transfers. If you need to open a bank account, we will explain how to do it - step by step.

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  Australian currency and banks

  Opening a bank account in Australia

  Opening a bank account in Australia is easy for expats - though try to do it as soon after you arrive as possible.

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  Insurance and tax in Australia

  What expats need to do

  Insurance is more of a personal choice if moving to Australia and is by no means essential. Australia is a modern, westernized country with a free national health service for residents - though you will have to pay tax if working in the country.

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  Cash, cards, ATMs and transfers

  What you need to know

  As in Europe and North America, most mainstream credit and debit cards are accepted everywhere - though not for small transactions. You should consider making international transactions through a broker.

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