Understand banking in Australia
When you arrive in Australia, we recommended that you have access to approximately AU$3,000 to cover any immediate costs. In the long term, the easiest and most affordable way to access your money in Australia is to set up an Australian bank account.
The Australian Government requires you to have access to AU$20,890 per year to meet living costs. Visit our Finance page for more information.
View the exchange rate between the Australian dollar and your local currency.