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    Home>> Study Abroad Australia >> Currency of Australia

Currency - Australia uses a dollars and cents system of decimal currency with 100 cents in a dollar. The Australian dollar is a floating currency which means its exchange rate varies. It is one of the major currencies in the world.

The bank notes in use are $5 (pink/grey, and plastic), $10 (blue paper or plastic), $20 (orange or plastic), $50 (yellow) and $100 (steel blue). Coins used are the silver coloured 5 cent, 10 cent, 20 cent and 50 cent and the gold coloured $1 and $2 coins. One and two cent coins have been phased out but costs are still written in single cents and then rounded up to the nearest five cents.

Time difference - Allowing for various local time variations (and this can vary by up to 3 hours from Eastern to Western Australia) are 2.5 to5.5 hours ahead of India.

Electricity - Domestic electricity is 240 volts/50 cycles A.C. Plugs are three flat pin and transformers and adaptors are easily obtainable.

Telecommunication - Australia has a modem telephone system with two main telecommunication companies Telstra and Optus. Public telephones are available at all post offices, shopping centres and are often situated on street corners.

Telephone credit cards and international phone cards are fast becoming popular and enable phone calls overseas (and within Australia) to be made without needing to insert coins. It is generally cheaper to ring India from Australia than vice versa.

Custom laws - Custom regulations are very strict in Australia keeping in line with the stringent environmental and sanitation requirements. As almost every product of daily necessity is available in Australia, you are advised to confine the weight of your baggage to the 20 kg limit. Charges for extra baggage are very high, and in most cases exceeds the cost at which many of the items can be bought locally.

For more details on quarantine and inspection service, you may contact the AEC Manager at the Australian High Commission or the institution concerned.

Medical services/hospitals Arriving in Australia - Australia's national health insurance scheme, Medicare, does not provide cover for full fee paying .overseas students and it is therefore compulsory that students register themselves for the Overseas Student Health Cover (OSHC).

This is arranged through Medibank. Prior to 2000, the OSHC was only available from Medibank Private but several other health funds can now offer it

Religion - There is complete religious freedom in Australia. Local Indian Society can advise you of location of temples, mosques, monasteries and churches.

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