Cost implications force WA residents to head overseas

A significant number of Western Australians find it more cost-effective to take a holiday overseas than to travel domestically.

New figures released by the Curtin Business School have found that 44 per cent of people living in the state decided to go abroad because it made less of a dent in their bank balance.

The strength of the Aussie dollar has caused middle-income workers and older Australians to take advantage of some of the best exchange rates seen for years.

According to the study, the fact that Asian destinations have become more accessible in recent years was also a major factor in people's decision to travel to a different country.

The average WA resident spends around $4,250 during their trip, while younger Aussies part with $4,930.

Clearly, it is not advisable to carry such large sums of cash around in your pocket, so taking out a travel credit card – which can be cancelled if it is lost or stolen – is undoubtedly the best way to go.