Hi caspersky, since you'll be going there to study, are you planning to keep your money invested for quite some time until you return from studies?
Australian dollar is a good currency, and may appreciate further, but we won't know because we're not experts in this field. Everything involves risks.
As b00n already mentioned, it is better if you take your money over and save it in the FD there.
I lived in Australia the past few years, and one bank there is paying reasonable interest.
It is known as ING bank (not related to the insurance ING ), paying over 6% even for savings if I am not mistaken because I still have some money there and still receive updates from them.
Whatever you would like to do, please do a thorough research and understand them first.
Look at your needs and invest accordingly.
One word of advice is, never only rely on other's opinions, do a due diligence yourself too

Regards,
Alan

I don't think this can be done, because when I wanted to open an account there, they need your identifications.
You need to either be a PR, or at least a student/employee there.
Should have some sort of permit to live there in order to open an account there if I remember correctly.