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Money matters

It is important to get familiar with the Australian dollar and the financial establishments. Refer to our money converter to calculate the exchange rates.

Banking:
There are several national and local banks in Australia whose most important are Westpac, National Australia Bank, ANZ et Commonwealth Bank. To minimise your banking problems, we have made some research and Westpac, actually the first bank open in Australia in 1817, is one of the rare ones that offer very interesting services for non-residents and who wants to settle or make business in Australia. You can open a saving or transactions account, organize the necessary transfers from your home country and receive your bank card once in Australia. If you can prove any evidence of employment, you will be authorised to ask for a credit card, home loan and others. You even can open an account in foreign currency.
If you are interested, you can open your account online on the following website: www.westpac.com.
Beware the banks’ opening hours in Australia: non stop from 9.30 am to 4.00 pm from Monday to Thursday and from 9.30 am to 5.00 pm on Friday. Some downtown agencies open until 7.00 pm on Thursday evening and on Saturday morning.

Australian Stock Exchange:
For all information concerning listed companies and stocks, please refer to the website of the Australian Securities Exchange www.asx.com.au or you can visit their representative offices in the following cities:
- Sydney (Exchange Centre, 20 Bridge Street, Sydney, NSW, 2000),
- Melbourne (Level 45, South Tower, Rialto, 525 Collins Street, Melbourne, VIC, 3000),
- Brisbane (Riverside Centre, Level 5, 123 Eagle Street, Brisbane, QLD, 4000),
- Adelaide (89 King William Street, Adelaide, SA, 5000),
- Perth (Exchange Plaza, 2 The Esplanade, Perth, WA, 6000).

Click here to have access to the glossary of financial terms in English.

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