Australian Banks and Australian Home Loans : visit Australia Immigration

Australia Immigration


	Living in Australia Australian Banks
The main Australian banks are: Westpac, Suncorp, Commonwealth, ANZ, National Australian Bank, and St. George. Each one operates in a different way. The other surprise is that they all have different charges for credit cards, paying bills or using an ATM. There are two main types of bank accounts, Savings Accounts (pays interest) and Cheque Accounts (has a cheque book). To open a bank account, you will need to meet the 100 points system – the number of points varies for different ID documents, e.g. passport = 70 points. Check with the bank what is needed. If bringing money into Australia – amounts of more than AUD10,000 in cash must be reported to Australian custom officials. Keeping your money overseas does not exempt you from paying Australian tax on it either – so you have been warned that they might tax you (top rate of tax is 45%). Find out more about where to get the best currency exchange rates which is very important if want to maximise your Australian Dollars for a deposit on the home loan when buying a new home in Australia. Buying A Home – Home Loan Calculator Home Loan Calculator to use a calculator to estimate what you size of a home loan you are able to borrow and what your home loan repayments will be.