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Migration Wave Fuels $38 Billion Remittance Surge From Australia—India, China Tops List

India and China were the top two destinations for Australia’s remittances.
Migration Wave Fuels $38 Billion Remittance Surge From Australia—India, China Tops List
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
Alfred Bui
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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
Alfred Bui
Author
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].