{"id":134645,"date":"2021-06-29T12:53:32","date_gmt":"2021-06-29T04:53:32","guid":{"rendered":"https:\/\/www.curtin.edu.au\/study\/?page_id=134645"},"modified":"2024-03-11T10:37:20","modified_gmt":"2024-03-11T02:37:20","slug":"budget-planning","status":"publish","type":"page","link":"https:\/\/www.curtin.edu.au\/study\/international-students\/living-australia\/budget-planning\/","title":{"rendered":"Planning your budget"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">ºìÌÒÊÓƵ is a vibrant destination with many food outlets, health and childcare facilities and outstanding sports facilities. Perth has excellent shopping and leisure centres, museums, beaches, wildlife parks, events and festivals. With more sunshine than any other Australian capital, Perth gives you plenty of opportunities to combine study with your favourite activities.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">The cost of living in Perth<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Perth was voted one of the best cities to live in <em>(The Economist Intelligence Unit &#8211; Global Liveability Index 2023 report).<\/em> <\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe loading=\"lazy\" title=\"Cost of living in Perth, Western Australia\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/iv0IJuPM4UU?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n<\/div><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">Australian currency<\/h2>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-8f761849 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<figure class=\"wp-block-image size-large is-style-rounded\"><img loading=\"lazy\" decoding=\"async\" width=\"500\" height=\"375\" src=\"https:\/\/www.curtin.edu.au\/study\/wp-content\/uploads\/sites\/3\/2021\/06\/Money1-edited-1.jpg\" alt=\"\" class=\"wp-image-135286\" \/><\/figure>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<p class=\"wp-block-paragraph\">Australian currency uses the decimal system of dollar and cents.&nbsp; The Australian dollar ($) is a national currency and accepted across all states and territories. The Australian dollar 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.<\/p>\n<\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Settling in<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">There are costs associated with settling into Perth, so we recommend you:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>arrive in Australia with at least A$800<\/li>\n\n\n\n<li>have easy access to another A$2,500 during the first week to cover initial accommodation costs, including the bond (security deposit) and the first two weeks rent, paid in advance.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">Weekly budgeting your day-to-day living costs will vary, depending on your personal tastes and whether you also have a family to care for. Before you arrive in Australia, you should plan a budget that suits your preferences and needs.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Examples of the cost of day to day items and rent in Perth can be found on the&nbsp;<a href=\"https:\/\/www.expatistan.com\/cost-of-living\/perth-australia\">Expatistan website<\/a>.<\/p>\n\n\n<mimas-block \n        block-name=\"cards-image\"\n        data-segment=\"dom\">\n\n    \n\n    <div class=\"card-grid\" data-card-size=\"small\" data-card-count=\"3\" data-card-background=\"transparent\">\n                    <div  id=\"childrens-schooling\" class=\"card card--image\" data-type=\"img\" aria-label=\"childrens-schooling\"><div class=\"card__top\"><img decoding=\"async\" class=\"card__image\"\n                                 src=\"https:\/\/www.curtin.edu.au\/study\/wp-content\/uploads\/sites\/3\/2021\/06\/Family1000x500.jpg\"\n                                 alt=\"Kids smiling while painting\"\n                                 srcset=\"https:\/\/www.curtin.edu.au\/study\/wp-content\/uploads\/sites\/3\/2021\/06\/Family1000x500-150x150.jpg 150w, https:\/\/www.curtin.edu.au\/study\/wp-content\/uploads\/sites\/3\/2021\/06\/Family1000x500-740x370.jpg 740w, https:\/\/www.curtin.edu.au\/study\/wp-content\/uploads\/sites\/3\/2021\/06\/Family1000x500-768x384.jpg 768w, https:\/\/www.curtin.edu.au\/study\/wp-content\/uploads\/sites\/3\/2021\/06\/Family1000x500-1000x500.jpg 1000w, https:\/\/www.curtin.edu.au\/study\/wp-content\/uploads\/sites\/3\/2021\/06\/Family1000x500.jpg 1000w, https:\/\/www.curtin.edu.au\/study\/wp-content\/uploads\/sites\/3\/2021\/06\/Family1000x500.jpg 1000w, https:\/\/www.curtin.edu.au\/study\/wp-content\/uploads\/sites\/3\/2021\/06\/Family1000x500-480x240.jpg 480w, https:\/\/www.curtin.edu.au\/study\/wp-content\/uploads\/sites\/3\/2021\/06\/Family1000x500.jpg 1000w, https:\/\/www.curtin.edu.au\/study\/wp-content\/uploads\/sites\/3\/2021\/06\/Family1000x500.jpg 1000w\"\n                                 sizes=\"(min-width: 2560px) 2560px, (min-width: 1920px) 1920px, (min-width: 1440px) 1440px, (min-width: 1024px) 1024px, (min-width: 768px) 768px\" loading=\"lazy\"><\/div><div class=\"inner\"><div class=\"card__title\"><h3 class=\"\">Children&#8217;s Schooling<\/h3><\/div><div class=\"card__content\"><p>If you choose to bring your family with you, you can enrol your school-aged children in public or private schools, provided the school has the capacity to accept them. Schools normally require you to pay international tuition fees.<\/p><\/div><ul class=\"card__links\"><li><a\n    href=\"https:\/\/www.curtin.edu.au\/study\/campus-life\/living-australia\/bringing-your-family\/\"\n    class=\"ico-link--arrow button-link--deep-blue\"\n    target=\"_top\" aria-label=\"Find out more\">Find out more<\/a><\/li><\/ul><\/div><\/div>                    <div  id=\"finding-part-time-work\" class=\"card card--image\" data-type=\"img\" aria-label=\"finding-part-time-work\"><div class=\"card__top\"><img decoding=\"async\" class=\"card__image\"\n                                 src=\"https:\/\/www.curtin.edu.au\/study\/wp-content\/uploads\/sites\/3\/2021\/06\/Part-time-work-1000x500-2.jpg\"\n                                 alt=\"Barista smiling\"\n                                 srcset=\"https:\/\/www.curtin.edu.au\/study\/wp-content\/uploads\/sites\/3\/2021\/06\/Part-time-work-1000x500-2-150x150.jpg 150w, https:\/\/www.curtin.edu.au\/study\/wp-content\/uploads\/sites\/3\/2021\/06\/Part-time-work-1000x500-2-740x370.jpg 740w, https:\/\/www.curtin.edu.au\/study\/wp-content\/uploads\/sites\/3\/2021\/06\/Part-time-work-1000x500-2-768x384.jpg 768w, https:\/\/www.curtin.edu.au\/study\/wp-content\/uploads\/sites\/3\/2021\/06\/Part-time-work-1000x500-2-1000x500.jpg 1000w, https:\/\/www.curtin.edu.au\/study\/wp-content\/uploads\/sites\/3\/2021\/06\/Part-time-work-1000x500-2.jpg 1000w, https:\/\/www.curtin.edu.au\/study\/wp-content\/uploads\/sites\/3\/2021\/06\/Part-time-work-1000x500-2.jpg 1000w, https:\/\/www.curtin.edu.au\/study\/wp-content\/uploads\/sites\/3\/2021\/06\/Part-time-work-1000x500-2-480x240.jpg 480w, https:\/\/www.curtin.edu.au\/study\/wp-content\/uploads\/sites\/3\/2021\/06\/Part-time-work-1000x500-2.jpg 1000w, https:\/\/www.curtin.edu.au\/study\/wp-content\/uploads\/sites\/3\/2021\/06\/Part-time-work-1000x500-2.jpg 1000w\"\n                                 sizes=\"(min-width: 2560px) 2560px, (min-width: 1920px) 1920px, (min-width: 1440px) 1440px, (min-width: 1024px) 1024px, (min-width: 768px) 768px\" loading=\"lazy\"><\/div><div class=\"inner\"><div class=\"card__title\"><h3 class=\"\">Finding part-time work <\/h3><\/div><div class=\"card__content\"><p>Your student visa gives you permission to work in Australia once you have started your course. You can work up to 48 hours per fortnight during semester and unlimited hours during semester breaks.<\/p><\/div><ul class=\"card__links\"><li><a\n    href=\"https:\/\/www.curtin.edu.au\/students\/personal-support\/career-advice\/search\/\"\n    class=\"ico-link--arrow button-link--deep-blue\"\n    target=\"_top\" aria-label=\"Find out more \">Find out more <\/a><\/li><\/ul><\/div><\/div>                    <div  id=\"accommodation-costs\" class=\"card card--image\" data-type=\"img\" aria-label=\"accommodation-costs\"><div class=\"card__top\"><img decoding=\"async\" class=\"card__image\"\n                                 src=\"https:\/\/www.curtin.edu.au\/study\/wp-content\/uploads\/sites\/3\/2021\/06\/curtin-on-campus-accommodation-1000x667-aspect-ratio-2-1.jpg\"\n                                 alt=\"Accommodation costs \"\n                                 srcset=\"https:\/\/www.curtin.edu.au\/study\/wp-content\/uploads\/sites\/3\/2021\/06\/curtin-on-campus-accommodation-1000x667-aspect-ratio-2-1-150x150.jpg 150w, https:\/\/www.curtin.edu.au\/study\/wp-content\/uploads\/sites\/3\/2021\/06\/curtin-on-campus-accommodation-1000x667-aspect-ratio-2-1-740x370.jpg 740w, https:\/\/www.curtin.edu.au\/study\/wp-content\/uploads\/sites\/3\/2021\/06\/curtin-on-campus-accommodation-1000x667-aspect-ratio-2-1-768x384.jpg 768w, https:\/\/www.curtin.edu.au\/study\/wp-content\/uploads\/sites\/3\/2021\/06\/curtin-on-campus-accommodation-1000x667-aspect-ratio-2-1-1000x500.jpg 1000w, https:\/\/www.curtin.edu.au\/study\/wp-content\/uploads\/sites\/3\/2021\/06\/curtin-on-campus-accommodation-1000x667-aspect-ratio-2-1.jpg 1000w, https:\/\/www.curtin.edu.au\/study\/wp-content\/uploads\/sites\/3\/2021\/06\/curtin-on-campus-accommodation-1000x667-aspect-ratio-2-1.jpg 1000w, https:\/\/www.curtin.edu.au\/study\/wp-content\/uploads\/sites\/3\/2021\/06\/curtin-on-campus-accommodation-1000x667-aspect-ratio-2-1-480x240.jpg 480w, https:\/\/www.curtin.edu.au\/study\/wp-content\/uploads\/sites\/3\/2021\/06\/curtin-on-campus-accommodation-1000x667-aspect-ratio-2-1.jpg 1000w, https:\/\/www.curtin.edu.au\/study\/wp-content\/uploads\/sites\/3\/2021\/06\/curtin-on-campus-accommodation-1000x667-aspect-ratio-2-1.jpg 1000w\"\n                                 sizes=\"(min-width: 2560px) 2560px, (min-width: 1920px) 1920px, (min-width: 1440px) 1440px, (min-width: 1024px) 1024px, (min-width: 768px) 768px\" loading=\"lazy\"><\/div><div class=\"inner\"><div class=\"card__title\"><h3 class=\"\">Accommodation costs <\/h3><\/div><div class=\"card__content\"><p>There are many accommodation options to consider at Curtin, all with varying budgets. If you need help finding somewhere to live, Curtin\u2019s Housing Advisory Service team are here to provide support and advice.<\/p><\/div><ul class=\"card__links\"><li><a\n    href=\"https:\/\/www.curtin.edu.au\/study\/curtin-life\/campus-experience\/accommodation\/\"\n    class=\"ico-link--arrow button-link--deep-blue\"\n    target=\"_top\" aria-label=\"Discover Curtin accommodation\">Discover Curtin accommodation<\/a><\/li><\/ul><\/div><\/div>            <\/div>\n<\/mimas-block>\n\n\n\n<a id=\"bank\"><\/a>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"banking\">Banking<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">If you plan to study in Australia for any length of time, 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&nbsp;Australian Bankers Association&nbsp;provides helpful independent information to assist you choose a bank account that best suits your needs.<\/p>\n\n\n<mimas-block \n        block-name=\"accordion\"\n        role=\"complementary\"\n        aria-label=\"Accordion content\"\n        data-segment=\"all\">\n\n                \n\n                    <div class=\"accordion\" aria-labelledby=\"accordion-title-Choosing-a-bank\">\n            <button type=\"button\" class=\"accordion__heading\" aria-controls=\"Choosing-a-bank\" aria-expanded=\"false\">\n            <div class=\"title\" id=\"accordion-title-Choosing-a-bank\">Choosing a bank<\/div>\n            <div class=\"icon\"><\/div>\n        <\/button>\n        <div class=\"accordion__content\" id=\"Choosing-a-bank\" aria-hidden=\"true\">\n                    <p>You may decide to open a bank account in Australia so that you can pay for your items using Australian dollars and minimise foreign currency exchange fees on daily transactions.<\/p>\n<p>You can choose to open an account with a credit union or one of the larger banks. Credit unions are member-owned; they tend to be smaller and more community-oriented than banks.<\/p>\n<p>There are a number of banking institutions to choose from in Australia:<\/p>\n<ul>\n<li><a title=\"ANZ website\" href=\"http:\/\/www.anz.com.au\/personal\/\">ANZ<\/a><\/li>\n<li><a title=\"Bankwest website\" href=\"http:\/\/www.bankwest.com.au\/student\">Bankwest<\/a><\/li>\n<li><a title=\"Commonwealth Bank website\" href=\"https:\/\/www.commbank.com.au\/\">Commonwealth Bank<\/a><\/li>\n<li><a title=\"National Australia Bank website\" href=\"http:\/\/www.nab.com.au\/\">National Australia Bank<\/a><\/li>\n<li><a title=\"Westpac website\" href=\"http:\/\/www.westpac.com.au\/\">Westpac<\/a><\/li>\n<\/ul>\n<p>Bankwest have a branch located on the Perth Campus.<\/p>\n\n        \n                            \n                    <\/div>\n<\/div>\n                    <div class=\"accordion\" aria-labelledby=\"accordion-title-Opening-a-bank-account\">\n            <button type=\"button\" class=\"accordion__heading\" aria-controls=\"Opening-a-bank-account\" aria-expanded=\"false\">\n            <div class=\"title\" id=\"accordion-title-Opening-a-bank-account\">Opening a bank account<\/div>\n            <div class=\"icon\"><\/div>\n        <\/button>\n        <div class=\"accordion__content\" id=\"Opening-a-bank-account\" aria-hidden=\"true\">\n                    <p>Before you open a bank account or start\u00a0<a title=\"Part-time work guide\" href=\"https:\/\/international.curtin.edu.au\/pre-departure\/work\/\">part-time work<\/a>, you should\u00a0<a title=\"Tax file numbers\" href=\"https:\/\/www.ato.gov.au\/Individuals\/Tax-file-number\/Apply-for-a-TFN\/\">apply for a tax file number<\/a>\u00a0from the\u00a0<a href=\"https:\/\/www.ato.gov.au\/Individuals\/Tax-file-number\/\">Australian Taxation Office<\/a>\u00a0(ATO).<\/p>\n<p>You can open a bank account once you have arrived in Australia by visiting a local bank or credit union branch with the following documents:<\/p>\n<ul>\n<li>your passport plus one other form of identification<\/li>\n<li>funds to make an initial deposit.<\/li>\n<\/ul>\n\n        \n                            \n                    <\/div>\n<\/div>\n                    <div class=\"accordion\" aria-labelledby=\"accordion-title-Transferring-money-from-overseas\">\n            <button type=\"button\" class=\"accordion__heading\" aria-controls=\"Transferring-money-from-overseas\" aria-expanded=\"false\">\n            <div class=\"title\" id=\"accordion-title-Transferring-money-from-overseas\">Transferring money from overseas<\/div>\n            <div class=\"icon\"><\/div>\n        <\/button>\n        <div class=\"accordion__content\" id=\"Transferring-money-from-overseas\" aria-hidden=\"true\">\n                    <p>You can transfer money from an overseas account into your Australian account using a money transfer service such as\u00a0<a title=\"Western Union website\" href=\"https:\/\/www.westernunion.com\/au\/en\/home.html\" target=\"_blank\" rel=\"noopener\">Western Union<\/a>.<\/p>\n\n        \n                            \n                    <\/div>\n<\/div>\n                    <div class=\"accordion\" aria-labelledby=\"accordion-title-Automatic-teller-machines-(ATMs)\">\n            <button type=\"button\" class=\"accordion__heading\" aria-controls=\"Automatic-teller-machines-(ATMs)\" aria-expanded=\"false\">\n            <div class=\"title\" id=\"accordion-title-Automatic-teller-machines-(ATMs)\">Automatic teller machines (ATMs)<\/div>\n            <div class=\"icon\"><\/div>\n        <\/button>\n        <div class=\"accordion__content\" id=\"Automatic-teller-machines-(ATMs)\" aria-hidden=\"true\">\n                    <p>ATM is the Australian word for an automatic banking machine, where you can withdraw cash, deposit money or check your account balance at any time of day. There are ATMs conveniently located on the Perth Campus, representing Bankwest and ANZ.<\/p>\n\n        \n                            \n                    <\/div>\n<\/div>\n        \n<\/mimas-block>\n\n<mimas-block \n        block-name=\"cards\"\n        data-segment=\"dom\">\n\n    \n<div class=\"block-heading\"\n     data-segment=\"dom\"\n     data-style=\"\"\n     data-align=\"default\"\n>\n\n                                <h2 class=\"block-heading__title \" id=\"articles\">Articles<\/h2>\n            \n                        \n                        \n            \n                <\/div>\n\n        <div class=\"card-grid\"\n         data-card-size=\"standard\"         data-card-count=\"2\"\n         data-card-background=\"gray\">\n                    <div  id=\"guide-to-the-cost-of-living-in-perth\" class=\"card\" data-type=\"\" aria-label=\"guide-to-the-cost-of-living-in-perth\"><div class=\"inner\"><div class=\"card__title\"><h3>Guide to the cost of living in Perth<\/h3><\/div><div class=\"card__content\"><p>Studying abroad is all about planning \u2013 and one of the most important things to plan is your budget.<\/p><\/div><ul class=\"card__links\"><li><a\n    href=\"https:\/\/www.curtin.edu.au\/news\/advice\/your-ultimate-guide-to-the-cost-of-living-in-perth\/\"\n    class=\"ico-link--arrow\"\n    target=\"_top\" aria-label=\"Read more\">Read more<\/a><\/li><\/ul><\/div><\/div>                    <div  id=\"planning-your-budget\" class=\"card\" data-type=\"\" aria-label=\"planning-your-budget\"><div class=\"inner\"><div class=\"card__title\"><h3>Planning your budget<\/h3><\/div><div class=\"card__content\"><p>it\u2019s still important to manage your money effectively when living away from home. <\/p><\/div><ul class=\"card__links\"><li><a\n    href=\"https:\/\/www.curtin.edu.au\/news\/advice\/how-to-plan-your-budget-for-living-in-perth\/\"\n    class=\"ico-link--arrow\"\n    target=\"_top\" aria-label=\"Read more\">Read more<\/a><\/li><\/ul><\/div><\/div>            <\/div>\n<\/mimas-block>\n","protected":false},"excerpt":{"rendered":"<p>ºìÌÒÊÓƵ is a vibrant destination with many food outlets, health and childcare facilities and [&hellip;]<\/p>\n","protected":false},"author":50,"featured_media":0,"parent":134629,"menu_order":2,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"_oasis_is_in_workflow":0,"_oasis_original":0,"_oasis_task_priority":"","footnotes":""},"tags":[],"class_list":["post-134645","page","type-page","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.curtin.edu.au\/study\/wp-json\/wp\/v2\/pages\/134645","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.curtin.edu.au\/study\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.curtin.edu.au\/study\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.curtin.edu.au\/study\/wp-json\/wp\/v2\/users\/50"}],"replies":[{"embeddable":true,"href":"https:\/\/www.curtin.edu.au\/study\/wp-json\/wp\/v2\/comments?post=134645"}],"version-history":[{"count":4,"href":"https:\/\/www.curtin.edu.au\/study\/wp-json\/wp\/v2\/pages\/134645\/revisions"}],"predecessor-version":[{"id":168155,"href":"https:\/\/www.curtin.edu.au\/study\/wp-json\/wp\/v2\/pages\/134645\/revisions\/168155"}],"up":[{"embeddable":true,"href":"https:\/\/www.curtin.edu.au\/study\/wp-json\/wp\/v2\/pages\/134629"}],"wp:attachment":[{"href":"https:\/\/www.curtin.edu.au\/study\/wp-json\/wp\/v2\/media?parent=134645"}],"wp:term":[{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.curtin.edu.au\/study\/wp-json\/wp\/v2\/tags?post=134645"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}