The signs of remittance service providers Ria, MoneyGram, Western Union, and Orange Money in Paris, France, on May 29, 2025. Riccardo Milani /Hans Lucas/AFP via Getty Images
Australia’s remittance outflows reached a record high in 2024 amid a migration boom.
New analysis from the remittance comparison website Money Transfer Australia (MTA) has revealed that Australia sent around $38.2 billion (US$25 billion) overseas last year.
Alfred Bui is an Australian reporter based in Melbourne and focuses on local and business news. He is a former small business owner and has two master’s degrees in business and business law. Contact him at [email protected].
