Financial Planning A.F.A. Authorised Representative.
Gold Financial Pty Ltd Australian Financial Services Licence No: 291389

Martyn Forrester is an authorized representative and shareholder of Gold Financial Pty Ltd (an independently owned financial planning group).  Gold Financial Pty Ltd is compliant with all current regulatory boards within WA.

Martyn is a Member of AFA – Association of Financial Advisers and also holds a Diploma of Finance Broking

He is licensed by Australian Securities and Investments Commission. (see below extract from ASIC’s database which can be checked independently enabling you to be confident you are dealing with an experienced professional Financial Planner in your new country of residence.


Via his business Synergy Financial Concepts WA, Martyn specializes in the transfer of UK Pension rights to a Qualifying Recognised Overseas Pension (QROPS) within Australia 

Anyone with a UK pension scheme who now lives overseas as an expatriate, or is planning to leave the UK, can now transfer their existing pension provisions into a QROPS. The financial benefits can be huge if planned correctly. Although the tax free income and withdrawal benefits cannot be taken within 5 years of you being a UK resident (without a reporting requirement to HMRC), by planning in advance you can improve the investment growth, flexibility and future financial security of your pension starting from today.

For more information and to commence the process of your Pension transfer, contact Martyn Forrester on or by Telephone on (08) 9450 3468 or Mobile 0409 314987.

In addition, Martyn specializes in:

  • Life Insurance
  • Income Protection Insurance
  • Business Expenses Insurance
  • Total and Permanent Disability Insurance
  • Trauma / Recovery Insurance
  • Child Cover Insurance
  • Minimisation Strategies
  • Succession Planning
  • Investments
  • Managed Funds
  • Self Managed Funds

Check out Synergy’s website
Australian currency
Notes $5, $10, $20, $50 and $100.
Coins 5 cents, 10 cents, 20 cents, 50 cents, $1 and $2.

All cash transactions are rounded to the nearest 5 cents. A few retailers choose to always round down. It is illegal however to always round up.
Electronic & Cheque transactions are not rounded.

The Goods and Sales Tax (GST) is 10%. Prices are displayed including GST
It is not added at the register.
Almost all ATMs will accept cards on the worldwide Maestro or Cirrus systems, check with your bank to ensure card compatibility

Credit cards are accepted at most retail outlets.
Visa and MasterCard are the most commonly accepted.
American Express and Diners’ Club are not so common.

Bank Accounts
To open a bank account, identification is required. This is based on a points system, with different scores for existing identification, passports, driving licence, Taxfile Number etc.
Unlike British banks, you do not require any evidence of your credit rating or income.

Many Australian banks now offer the facility of opening your bank account prior to your actual arrival into the country.

Australian Bank Accounts differ in that they are classified into Cheque, Savings & Credit.
When purchasing by payment card you will be asked which account the card is for and then required to enter a pin number for Cheque & Savings accounts or sign a receipt or enter a pin number for credit.

All of the banks charge account fees. These are for the usual accounting & transaction costs. Check the Links page for the main Australian banks.

EFTPOS (Electronic Funds Transfer at Point of Sale)
This system is the same as switch but you don’t sign anything, you key in your pin number for your cheque or savings account .You only sign if you use a credit account. The PIN is issued with the card and is also used for ATM transactions. EFTPOS is common throughout Australia.

Most major credit cards can be used at the EFTPOS facilities as long as you have activated your card PIN. Check with your credit card company for further details before travelling.

We reccommend HIFX for all your money transfers- see