G’day mate, hows it going?
So, you are finally making the move across the globe – CONGRATULATIONS!!! As exciting as packing your bags and moving your life to the other side of the world is, here are a few things I wish people had told me before I made the move over 2 years ago.
TFN AND SUPER – You may be thinking ‘what are these?’ (I know I was). TFN is also known as your Tax File Number and Super is Superannuation fund.
TFN – This is essential if you would like to work in Australia. You can apply for your TFN online and it can take up to six weeks until you receive one. If you have applied for a TFN and you haven’t got your number yet but would like to work in the meantime it is possible to give it to your employer once you receive it. You have up to 28 days to provide a tax file number to your employer.
SUPER – Superannuation is a way to save for your retirement. The money comes from contributions made into your super fund by your employer, your employer must pay 9.5% of your salary into a super fund. This is called the super guarantee and it’s the law. Most people can choose which super fund they’d like their super contributions paid into – if you want to choose your super fund, tell your employer by filling in a standard choice form from the Australian Taxation Office (ATO) or from your employer. However, if you are on a working holiday visa or choose to leave after your sponsor visa has expired you will be able to access your super money once you leave the country.
JOBS – Research jobs in Oz before you leave. Australia may have a good economy, but it might not be as easy to get a job as you think. If you’re on a working holiday visa, you’ll be restricted to six months with each employer so plan what you want to do to save time. Register with as many recruitment agencies as possible and keep your eyes peeled on job sites such as Seek and Indeed.
Now we have covered the important stuff, here are some fun facts that I really wish I had known!
I hope this has helped you prepare a little bit more for your move. It really will be the best thing you ever do and who knows maybe I will see you Down Under. I hope you enjoy it as much as I have.
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