Australia is famous for the friendliness of its inhabitants, many students choose Australia to enjoy their study time in a relaxing and safe environment while making the most of the sports and outdoor activities. In fact, Australia is home to 5 of the best 30 student cities around the world. This means that there are plenty of amazing places for you to live and study.
Living in Australia is a totally new experience, but with Babel Studies you would find the support and knowledge to adjust easily. Here you will find interesting information and tips about Australia.
Australia's national currency is the Australian dollar (AUD) which comes in denominations of $5, $10, $20, $50 and $100 notes. Coins come in 5, 10, 20 and 50 cent and one and two dollar denominations.
Banking hours are usually 9.30am to 4.00pm Monday to Thursday and until 5.00pm on Friday. Some branches can be found open on Saturday mornings.
Australia's four largest banks are: National Bank of Australia, Australia New Zealand (ANZ) Bank, Commonwealth Bank of Australia and Westpac Banking Corporation. Smaller banks include: ING Direct, AMP Banking and HSBC Australia.
If you plan to stay in Australia for any length of time with an extended visa, you may wish to open an Australian bank account. In Australia, most income including salary or wages and government benefits is paid directly into a bank account.
The easiest way to get cash away from home is from an ATM (automated teller machine) with an international network such as Cirrus (Mastercard) or PLUS (Visa). Australian ATMs use a four-digit code, so check with your bank and make sure you change yours before you leave your country.
Goods and services tax: Australia has a Goods and Services Tax (GST) of 10 per cent. You may be able to claim a refund of the GST paid on goods bought in Australia if you have spent AUD$300 or more in one store, no more than 30 days before departing Australia. Tourist Refund Scheme facilities are located in the departure area of international terminals.
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