You will need to have an amount of money for initial expenses such as food or the bond for your long-term accommodation.

Australian Major banks have student bank accounts available that offer zero monthly fees, access to ATMs etc. When making your choice, consider the ATMs available around your university campus. You can start opening the bank account while still overseas using the temporary accommodation address (check with your host whether you can use the address) and it is a good idea to pick up the card personally at the bank branch upon arrival. You will need to bring two official photo ID documents with you.