Australian Dollar - exchange rate?!
Oct 25th 2008, 2:56 pm
#361
Living the dream
Joined: Jan 2008
Location: The Vines WA
Posts: 1,441
Re: Australian Dollar - exchange rate?!
So, 
I can apply for one as I have a PR Visa & will be validating in Nov08 - Is it worth it?
I can apply for one as I have a PR Visa & will be validating in Nov08 - Is it worth it?
Oct 25th 2008, 5:29 pm
#362
BE Forum Addict
Joined: Oct 2006
Location: Nowhere - I'm a travelling (wo)man!
Posts: 2,362
Re: Australian Dollar - exchange rate?!
You were wrongly advised then. As I explained above, if you are not resident in Oz, you should have tax deducted at 10%, TFN or no TFN.
Oct 25th 2008, 7:18 pm
#363
Timelord
Joined: May 2006
Location: Lost in space...
Posts: 2,834
Re: Australian Dollar - exchange rate?!
I couldn't do mine before I got here and the reason I was given was that I needed to be here to do it... that was early 2006...
Oct 25th 2008, 9:20 pm
#364
Living the dream
Joined: Jan 2008
Location: The Vines WA
Posts: 1,441
Re: Australian Dollar - exchange rate?!
Think i'll leave it till we arrive in Australia then....... Thanks for your replies even tho I am even more confussed than when I started 
Oct 26th 2008, 12:30 pm
#365
BE Enthusiast
Joined: Nov 2004
Location: Murrumbeena, Melbourne
Posts: 380
Re: Australian Dollar - exchange rate?!
I got mine because the ANZ taxed my first years interest at withholding tax as I had an address in Oz but no TFN. to claim it back I had to complete a tax return declaring I was offshore, to complete a tax return I had to have a TFN so I have one now. Come to think of it they never returned my birth certificate copy or drivers license copy I had to provide as proof of id!!?? :curse:
Nov 21st 2008, 12:16 am
#366
Just Joined
Joined: May 2008
Posts: 25
Re: Australian Dollar - exchange rate?!
When using these companies you need to be a little clever.
The rate they show is the actual rate, remember they need to make money so will offer you less.
However if for example World First makes you an offer.
Tell them it is too far off the actual rate and you will go to Forex, make sure World First has your mobile number and it is switched on.
Within 5 minutes you will get a call offering a better rate.
That's what they did with me.
Gav
Nov 21st 2008, 3:08 am
#367
Forum Regular
Joined: Sep 2007
Location: Perth
Posts: 116
Re: Australian Dollar - exchange rate?!
When using these companies you need to be a little clever.
The rate they show is the actual rate, remember they need to make money so will offer you less.
However if for example World First makes you an offer.
Tell them it is too far off the actual rate and you will go to Forex, make sure World First has your mobile number and it is switched on.
Within 5 minutes you will get a call offering a better rate.
That's what they did with me.
Gav
The rate they show is the actual rate, remember they need to make money so will offer you less.
However if for example World First makes you an offer.
Tell them it is too far off the actual rate and you will go to Forex, make sure World First has your mobile number and it is switched on.
Within 5 minutes you will get a call offering a better rate.
That's what they did with me.
Gav
If you use xe trade you can see the rate you are getting (updated every minute) before committing to the deal. No need to speak to anyone you are in total control.
chris
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