Aussie dollar hits five-month high as recession looms
It’s a lucky day for Aussies sending money overseas. The Australian dollar (AUD) is at its strongest in five months, despite a recession on the horizon.
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Aussie businesses in global eCommerce surge amid COVID-19. Here’s why
For some Australian businesses, COVID-19 survival has come down to a strategy of expanding into online international markets.
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International money transfers to plunge 20%, but still ‘vital’ amid COVID-19
COVID-19 has left no corner of the global economy untouched, with one forecast revealing the international money transfers industry won’t come out of this pandemic unscathed either.
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Mozo reveals best international money transfer providers for 2020
Using your own bank to send money overseas may often be the first option that comes to mind, but as the 2020 Mozo Experts Choice Awards for International Money Transfers have revealed, it’s not the cheapest.
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Aussie dollar rebounds as coronavirus restrictions ease
Better exchange rates are on the cards for Australians making international money transfers as the Aussie Dollar regains strength amid coronavirus.
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How to prepare your finances for a long-term stint overseas
With around one million Australians working or living overseas at any one time, according to the government’s Smart Traveller site, it’s no secret that staying abroad for the long term is an attractive option for many people.
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NIUM and Geoswift join on money transfers into China
Fintech platform NIUM has joined forces with global payments tech firm Geoswift to allow customers to send money to China in real time.
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Tax on money transfers to Australia
Understanding the tax implications of international money transfers (IMT) is important when transferring money into Australia from overseas. Let's explore what you need to know to manage your transfers wisely and ensure you’re on the right side of the Australian Taxation Office (ATO).
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How do global events impact foreign exchange rates and international money transfers?
Given that we live in such an interconnected world, it will probably come as no surprise to learn that global and even localised events can have a substantial impact on a whole host of financial markets including shares and currency.
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How to help family and friends overseas get through the coronavirus crisis
Last week thousands of Australians found themselves unemployed, as businesses nationwide closed their doors to comply with new government restrictions introduced to help curb the coronavirus spread.
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