You are the one who is WRONG, bro,... if you are a tourist, you don't have one important detail that they will need,...

I will not elaborate further,...

No special issue with Msian passport !

Don't do any workaround towards Australia, follow their rules, then doors will never be closed,... Yields are great, Aussie Dollar is great,......

I had no issues opening a bank account in 2013 in Perth.

true that.

ah less flexi...

You can open as tourist. Part (iii) applies for everyone at every where of the earth.

What do you intend to do with the acct after opening it ? Earn 2.85% to 3%, or what ?

Don't know. Open account first before they close doors. No harm open account first. Right now AUD is more expensive vs SGD (if use RM)

Later decide as kind of broke (no more money after converting to SGD) When AUD weaken (they are too dependant on china), and it will, will look at next course of action.

I have limited ammo you know (as an ex-student)

Well,... I expected you to say the above,.. I respected yr spirit too,... willing to go so far to do this,....just remember that yr interest earned will be taxed at 10%. To ensure yr acct is alive when the day comes for you to use it,... pls do some transactions.

1.6% ..........

,...that's a bit too low,...

If you've opened an acct with NAB, put into their HY account. Currently at 2.15%, daily rest,...

HSBC

I can confirm we can open aus bank acc with tourist visa. Been there with my mates with indonesian and malaysian passport

Bank of Queensland reporting 1st Half results (ending 28 February 2017) on this Thursday, March 30,... 7.30 am KL/SG Time,...

Not so attractive. Interest earned to be tax 10%

Just dump into asx shares better.

Need to go ASX to open acc ? Advisable for small trader like me ?

Not so attractive. Interest earned to be tax 10%

Just dump into asx shares better.

Need to go ASX to open acc ? Advisable for small trader like me ?

Don't know leh. But I feel better with a AU account as money is not "held hostage" by singapore banks...

Again fly to Australia to open acc. It will incur some cost too and yet u just started with SGX and Poems UT.

So fast open Aus acc ? Update us on how.

Not yet fly. I have enough ammo for one final round of change. AUD/SGD. After that I am completely broke. After all flying down to AU is a one time thing.

Then again, most people trade in US/HK without opening bank account in that country.

If opening account, I rather AU then HK as HK is like SG. Hard to open. AU is easy (from what I read).
If investment wise, I would like HK over AU as no with holding tax and according to bloomberg or something, HK markets are markets which give one of the highest return. HK broker easy to open.

Decisions... Decisions...

This post has been edited by Ramjade: Mar 29 2017, 11:13 PM

Take a step at one time. You are too rush in investment.

Good luck.

For me I learnt my lesson with SG. Waiting too long will cause doors to close which made me almost miss the SG door. I am not going to loose that chance again. Open account first, then invest later.

Sometimes,... there is no choice, we can't control events around us,... if one joins the bandwagon late, then he will have to go look for another opportunity,..

Ermm,... I think Aus will not close their doors so soon. That's what I noticed,...

I've been talking abt SG closing its doors since late 2015,... if you guys look back (if you have the time) at my posts,... Some signs that I observed were very clear back then,.. I could hear them talking abt Msia when I attended their events.

Hence,... I out in a lot of warnings in this forum,... till I was reprimanded against here for saying doors closing, etc,...

So,... today,... I would like to say Aus is still very much investor-friendly,...