Are you planning to carry funds in or out of Australia? By law, you must  now:  

1. If asked by a Customs or police officer, report travellers cheques,  cheques,  money orders or any other bearer negotiable instruments of any amount.  

2. Always report AUD$10,000 cash or more (or foreign currency equivalent)using a form available from Customs.  

Please note there is no limit to the funds you can carry in or out of Australia.
Visit www.austrac.gov.au for more information