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With more spectacular sights that you can shake a stick at (Great Barrier Reef, Cairns Rock, the list goes on...), you'll want to make sure you've budgeted well for your trip. Australia has a reputation for being one of the more expensive developed countries, plus many banks charge for overseas transactions, but with a bit of planning and know-how you can make your money go further.
Travelling on a budget: Cost per day - A$60 - A$70 / per week - A$420 - A$490
Australia isn't necessarily known for being a budget destination, but it's possible if you stay in hostels, use public transport and try not to eat out too much.
Mid-range budget: Cost per day - A$100 – A$180 / per week - A$700 – A$1260
If you're staying in comfortable hotels and eating out regularly, you'll need between A$100 and A$180 per day depending on where you are visiting (cities tend to be much more expensive).
Luxury budget: Cost per day - A$200+ / per week - A$1400+
Sydney and Melbourne have a reputation for being the most expensive cities globally and they have an abundance of fine dining restaurants and luxury hotels. Luxury hotels tend to cost anywhere from A$150 to A$1000 and we recommend budgeting at least A$100 on food if you're eating out regularly.
Spending in Australia varies from region to region, while taxation affects certain pricing. There is a floor price of minimum A$1.30 for alcoholic drinks. You can generally expect to pay:
The Australian Dollar comes in the following denominations:
$5, $10, $20, $50 and $100
5, 10, 20 and 50 cent coins, and $1 and $2 coins (1 dollar equates to 100 cents)
Did you know? Australian coins feature images of the only two mammals in the world to lay eggs – the platypus and the echidna.
No worries! We’ll buy back any Australian dollars you have left quickly and easily at great rates!