Find the money you can keep

Australia: tax, business and moving facts

Every figure links to the official page it comes from, so you can check it yourself. Rules change, so confirm before you act. Last checked 8 October 2026.

🇦🇺 Australia 🇨🇦 Canada 🇳🇿 New Zealand 🇬🇧 United Kingdom 🇺🇸 United States 🇩🇪 Germany (coming)🇮🇪 Ireland (coming)🇳🇬 Nigeria (coming)🇵🇹 Portugal (coming)🇸🇬 Singapore (coming)🇿🇦 South Africa (coming)🇦🇪 United Arab Emirates (coming)

Latest facts

Who leads: King Charles III is head of state, represented by the Governor-General. Anthony Albanese is Prime Minister.; Official source
How you register: Online with ASIC, often the same day; Official source
Company tax: 25% for smaller companies, 30% for larger; Official source
Tax-free amount: A$18,200 tax-free threshold; Official source
Top rate: 45%, plus 2% Medicare levy; Official source
Tax year: 1 July to 30 June; Official source
Usual filing deadline: 31 October; Official source
When do I charge GST?: GST is 10%. You must register once your sales reach A$75,000 a year.; Official source
What number do I need?: An ABN (Australian Business Number). It is free to get online.; Official source

Grants, loans and funding

Grants and programs finder
Every federal and state grant in one search
Export Market Development Grants
Businesses selling overseas

Business types with room to grow

Strong demand for trades and services
Close to Asian markets
Mining, farming and clean energy supply

Starting a business

How you register: Online with ASIC, often the same day; Official source
Company tax: 25% for smaller companies, 30% for larger; Official source
How easy it feels: Easy, with clear guidance; Taxmiser summary

Bank accounts

Savings protected up to: A$250,000 per bank (FCS); Official source
Opening one as a newcomer: Easy, you can often start before you arrive; Taxmiser summary

Personal tax

Tax-free amount: A$18,200 tax-free threshold; Official source
Top rate: 45%, plus 2% Medicare levy; Official source
Tax year: 1 July to 30 June; Official source
Usual filing deadline: 31 October; Official source

Moving there

Main ways in: Points-based skilled visas, employer sponsorship; Official source
How hard it is: Medium; Taxmiser summary
Healthcare: Medicare for residents, private extras common; Official source