Australian cities dominate the world's most livable cities list

Melbourne has been ranked the world's most livable city for the third year in a row in the Economist Intelligence Unit Global Livability report, with Adelaide, Sydney and Perth also in the top 10. 

The Global Livability report which reviewed 140 cities, looks at five broad areas to define a city's liveability. These include stability, healthcare, culture and environment, education and infrastructure.

Melbourne received perfect scores for healthcare, education and infrastructure.

Top 10 cities are:

1. Melbourne, Australia

2. Vienna, Austria

3. Vancouver, Canada

4. Toronto, Canada

5. Calgary, Canada

6. Adelaide, Australia

7. Sydney, Australia

8. Helsinki, Finland

9. Perth, Australia

10. Auckland, New Zealand

While Australians enjoy some of the world's most liveable cities, overseas travel spending is also on the up. According to a report released this week from Visa, Australians are the world's second biggest spenders on overseas travel, only second to spenders from Saudi Arabia. The average Australian spends AUD$3,962 on each overseas trip compared with global norms of AUD$2,300. Australian travellers also expect to increase their travel budget by 9% on their next overseas trip.

Before travelling internationally, Mozo recommends Australians buy travel insurance and shop around for their travel money. Australians can overpay as much as $300 in international bank fees and commissions by when spending $5000 abroad.