Those looking at moving to an Australian property should consider how to manage their finances and doing this before setting up shop in the country can help them to get around any potential problems.
Alison Steed, writing for the Daily Telegraph, said that those in the UK who already use a bank with an international presence, then it will be easier to get an account that you can use in Australia.
Financial institutions such as Lloyds, Barclays, HSBC, Halifax and NatWest have offshore operations that Australian property investors can take advantage of, she explained.
Ms Steed had another piece of advice: "You will also need to sort your visa for Australia. If you are being sent overseas with your work, then your HR department will probably be dealing with this."
In recent finance news, a government official, treasurer Wayne Swan, recently suggested to Australian Broadcasting Corp radio that there may be a full public debate on the country's tax system before the election.
Posted by Steve Douglas