Currency And Tipping In Sydney

Understanding what money you will use and how you will be using it is an important first step toward productive business travel to Sydney. Learn how Sydney locals generally tip, and whether you will be expected to tip as well.

The Australian Dollar

Australia uses the same phrasing and similar monetary denominations as the United States. The Australian currency is the Australian dollar, which is divided up into 100 cent. Coins can be found in 5, 10, 20, and 50 cent increments, while notes exist in 5, 10, 20, 50, and 100 dollar denominations. In addition, there are $1 and $2 coins in circulation.

The notes are beautifully designed, featuring national celebrities and public figures, in addition to famous historical persons. All bills are made from a polymer that makes them secure and environmentally friendly; coins of 50 cent and below are made from cupro-nickel, while $1 and $2 coins are made from aluminium bronze.

Using Cash Vs. A Charge Card

If your charge card allows it, you may be able to make purchases abroad. Be certain that you call and check this, as some banks have tightened restrictions given the global recession. In addition, be certain that your bank does not impose fees for using a card abroad, and that there is a no-fee ATM you can use should you have to withdraw cash.

If these two conditions are met, business travel is often easily accomplished using a card and avoiding the national currency altogether.

Tipping Practice In Australia

Like in many Western European countries, tipping is absolutely not expected. This is particularly true if one is served in a restaurant -- there is no assumption that tips will be given to the servers. The same is true of cab drivers and hotel housekeeping. Of course, if you feel that you have been particularly well treated, a good tip will always be appreciated.

Most Australians will round up when they choose to tip, i.e. paying $40.00 for a cab ride that cost $35.80. Tipping is always welcomed, it is simply never mandatory.