Go Back  British Expats > Living & Moving Abroad > Australia
Reload this Page >

Getting paid yet avoiding banks

Getting paid yet avoiding banks

Old Jan 14th 2013, 1:03 am
  #1  
Just Joined
Thread Starter
 
Joined: Nov 2007
Posts: 29
jago25_98 is an unknown quantity at this point
Default Getting paid yet avoiding banks

Is it possible to avoid getting a local bank account? I would prefer just a simple prepaid card or something like that. What's the equivilent of PAYE in Australia?

I have no bills to pay and I've been cutting down on using banks. I don't want to use a bank unless I have to.

Also, what about credit unions?
Basically, any above board way of recieving a wage that is as far from those bankster like activities as we can get.
jago25_98 is offline  
Old Jan 14th 2013, 2:43 am
  #2  
Almost more Oz than Pom
 
KJCherokee's Avatar
 
Joined: Aug 2010
Location: Brisbane northern suburbs
Posts: 1,154
KJCherokee has a reputation beyond reputeKJCherokee has a reputation beyond reputeKJCherokee has a reputation beyond reputeKJCherokee has a reputation beyond reputeKJCherokee has a reputation beyond reputeKJCherokee has a reputation beyond reputeKJCherokee has a reputation beyond reputeKJCherokee has a reputation beyond reputeKJCherokee has a reputation beyond reputeKJCherokee has a reputation beyond reputeKJCherokee has a reputation beyond repute
Default Re: Getting paid yet avoiding banks

There are plenty of non-bank financial institutions in Australia - as long as they have a BSN (six digit number) for direct money transfer you can use them to receive your wages/salary. A credit union would be a good option. All companies pay wages by direct transfer these days, so you will need some sort of account (unless you work for a very small business that still deals in cash).

PAYE is known as PAYG over here.
KJCherokee is offline  
Old Jan 14th 2013, 8:50 am
  #3  
Concierge
 
spouse of scouse's Avatar
 
Joined: Jan 2013
Location: Western Australia
Posts: 21,100
spouse of scouse has a reputation beyond reputespouse of scouse has a reputation beyond reputespouse of scouse has a reputation beyond reputespouse of scouse has a reputation beyond reputespouse of scouse has a reputation beyond reputespouse of scouse has a reputation beyond reputespouse of scouse has a reputation beyond reputespouse of scouse has a reputation beyond reputespouse of scouse has a reputation beyond reputespouse of scouse has a reputation beyond reputespouse of scouse has a reputation beyond repute
Default Re: Getting paid yet avoiding banks

Originally Posted by jago25_98
Is it possible to avoid getting a local bank account? I would prefer just a simple prepaid card or something like that. What's the equivilent of PAYE in Australia?

I have no bills to pay and I've been cutting down on using banks. I don't want to use a bank unless I have to.

Also, what about credit unions?
Basically, any above board way of recieving a wage that is as far from those bankster like activities as we can get.
Don't blame you for wanting to avoid banks, thieving bastards the lot of them. Just a tip, if you're wanting to avoid the ATO (tax office) knowing what you're earning (not that I'm saying that's what you want to do), then there's no way you can do that. All financial institutions report to the ATO, so you'd get collared if you tried to hide earnings. Also, if you're working for a company (as opposed to being self employed) you'll be required to provide your tax file number to them, otherwise every dollar you earn will be taxed at the top rate.
spouse of scouse is offline  
Old Jan 14th 2013, 11:59 am
  #4  
Just Joined
Thread Starter
 
Joined: Nov 2007
Posts: 29
jago25_98 is an unknown quantity at this point
Default Re: Getting paid yet avoiding banks

PAYG, BSN and direct transfer - thanks guys I can use that to search for alternatives now. There might be a credit union associated with a employee union that provides something like that. As long as they aren't too big I hope that will be a better setup.

This is all academic at the mo though. The tax man isn't a worry yet - I'm still before visa stage fishing for a job (or trying to find a way to allow department transfer at my workplace without treatening to quit if possible)

edit: btw, if there's anything you know related to this in Aus, like Occupy Australia (especially in Perth) or something like that please let me know.

Found this page since posting:
http://www.justlanded.com/english/Au...tax-collection

Another aconm to learn: PPS = for some industries that aren't covered, typically where subcontractors are used a lot

Last edited by jago25_98; Jan 14th 2013 at 12:14 pm.
jago25_98 is offline  

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service -

Copyright © 2024 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.