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how much money do I need to take into Australia?

Travel Forums Australia / New Zealand & The Pacific how much money do I need to take into Australia?

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1. Posted by Naomi1234 (Budding Member 24 posts) 2y

I'm going to aus in July with a one way ticket on a whv. I just want to know how much money I need to get into the country and how much I have to have to show I have the funds to get home. Someone please help?

2. Posted by EnadC6 (Budding Member 4 posts) 2y

Hey there I'm also going to Australia on a WHV around the same time. I'm pretty sure you are supposed to have at least 5,000 AUD even though I'm hearing around forums they rarely check that at immigration. I'll personally be bringing the equivalent of about 3500-4000 AUD.

3. Posted by Sander (Moderator 4817 posts) 2y

Quoting EnadC6

I'm pretty sure you are supposed to have at least 5,000 AUD even though I'm hearing around forums they rarely check that at immigration.

Both these things are correct. The AUD $5000 figure is technically a requirement to be eligible for a WHV, but it's really only there for your own protection, as that amount of money is pretty much the minimum any backpacker ends up needing. For most backpackers it'll barely last them two months.
Do also be aware that if you bring only AUD $3500, you need to start looking for work pretty much the moment you arrive, since most people take a couple of weeks to find something, and then before you get paid for the first time, you might already have run out of money.

If you can, I'd strongly advice you to save up more so that you'll have at least that AUD $5000.

4. Posted by Dodger (Inactive 875 posts) 2y

Although it's probably not recommended, you can survive and thrive on a small budget in Australia.

If you are coming to Aus with only a small amount of money there is no getting away from it, you will have to work, and you'll have to be ingenious and persistent in your objective. There are thousands of other backpackers looking for work, not to mention Australians themselves. Australia has finally realized that they are part of a world economy and they too are feeling the effects of the WFC.

So what to do? Accommodation and food is going to be your main drain on finances. All the fun stuff you can put on hold until you have an income coming in. There are a number of ways to reduce and even eliminate your living expenses.

First off there is couchsurfing the website lists "hosts", people willing to put you up on a couch or in your own room for a few days with no obligation to pay anything. As a single female though, be cautious, this site has become popular with guys looking to get lucky by having girls come stay at their place. Look at the profiles and the reviews and go with only trusted ones. I know a girl who has done almost all her travel through the middle east and Africa using only couchsurfing.

Second is my favorite, HelpX this website hooks you up with people who offer accommodation and food for usually about 4 hours a day of simple work. The work can be anything from cleaning windows, or vacuuming, child care, or maybe you have a talent that the host is looking for, teacher, computer skills, or home maintenance. Sometimes the hosts don't even care about the work you put in but are looking to share travel experiences and someone to talk to. There are loads of amazing places to choose from in Australia in some un real accommodations that you would pay hundreds of dollars a day for. Live it up like a princess or prince for free!

What I really like about these sorts of accommodations are they can lead to meeting the right person that can find you work. Getting a job really isn't about what you know, but about who you know, and often your host is a local with friends who know someone that needs help.

Your third choice and this can be a good one when you first arrive is to ask at your backpackers if they need help. They often do, because of the high turn over and their low running costs. They don't pay much, usually nothing! But you get free accommodation for a few hours work and it may lead to something payed. If your backpackers doesn't need help, look around the other local backpackers in your area and ask them and then move! You can even email them before you arrive and at least let them know you are looking for work.

Lastly Gumtree is your best friend in Aus, and most places around the world these days. On here you can find job listings, post your resume, and find rideshares with other backpackers for a cheap way to get around the country. Monitor it daily, hourly for jobs, thousands of people are using it and the jobs get huge responses and go very quickly. Usually the people advertising learn to weed out the losers "hey I need a job, give it to me" and wont respond to you unless you are persistent, clear in your communication, and shine in your intelligence. If they offer a phone number, don't simply respond by email with your resume and expect them to reply, call them! If you don't get an answer, call them again. Sometimes they are as nervous about employing someone as you are about being employed. Offer to meet them to chat about the job, or offer your first few hours for free with no commitment. Be different, stand out from the crowd.

If you are willing to put in some effort and step out of your comfort zone, which is what travel is all about, then you will succeed in having the time of your life in Australia without spending a fortune.

I once left the Uk where I lived, and took off to America with $50 in my pocket and did just fine. Admittedly that was 30 years ago! But I'm sure with a couple of grand in your pocket you can make a go of it these days.

5. Posted by chrismch1 (Budding Member 34 posts) 2y

Hi I am going to sydney in the middle of May and was wondering are you taking this money in cash over or is it in a bank a count which you will lift when in Australia?
thanks chris

6. Posted by Naomi1234 (Budding Member 24 posts) 2y

Thank you for all that information! Really helpful!
Chris, If you're talking to me, I'm getting a bank account set up ready for when i get out there!

7. Posted by chrismch1 (Budding Member 34 posts) 2y

Can you make a bank account without being in Australia? I thought you needed to have an address in oz for a bank account?

8. Posted by Sander (Moderator 4817 posts) 2y

There's a couple of banks which allow you to "set up" a bank account before arriving in Australia. You still need to show up in a bank branch with your passport before you can actually use that bank account, though, so the benefit is rather small. (They might have your debit card lying there waiting for you if you go that route, maybe? Although I don't think so; they'd probably still only send that to you afterward.)

9. Posted by jo.2089 (Budding Member 5 posts) 2y


I'm travelling to Aus in April on a WHV & I've set up a bank account with Commonwealth (click through the "Moving to Australia" sections.... it gives you an option to say what you'll be doing there).

It was really straight forward and they didn't ask for a home address. I just have to go to a chosen branch with my passport. It was really quick and I got an email a few days later saying my card had been delivered to the branch and is waiting for me to pick it up!

Now I just need to work out how to transfer my money to the account without getting fleeced on fees!

10. Posted by Foxy1991 (Budding Member 55 posts) 2y

Quoting Naomi1234

I'm going to aus in July with a one way ticket on a whv. I just want to know how much money I need to get into the country and how much I have to have to show I have the funds to get home. Someone please help?

Myself and my fiancee are planning on traveling oz and leaving the UK where we currently live in August this year.

I have heard different things about how much money we need etc. As I understand it you need to provide evidence that you have the equivalent of $5,000 AUD when you are applying for your visa, this can be proved through bank accounts, and this is the only time you need to provide evidence of your finances.

With this in mind, myself and my fiancee's plan is to use our savings as evidence that we have enough to enter the country but not take any of it with us. Instead we are going to take about £1000/£1500 each with us to live on for the first month and in that time job hunt like crazy and get on our feet. From what I have read there is no shortage of cheap places to stay etc.

Another tip I read was that sometimes it can be much cheaper and easier to camp on a campsite rather than stay in a hostel so taking a tent with you might be a good idea,