Hi,
We will have about £25,000 to put into a high interest account in Oz.If we put it all in my name and I don't work and don't pay tax,will the interest be tax free as it would here in the UK?

£25,000 = about A$62,500 presently. At 6% interest = interest income per annum of about A$3,750.

This is less than the annual tax free threshold (Australia's equivalent to the personal allowance), so assuming no other income there would be no tax to pay on this interest.

Best regards.

G'day

Alan is correct (as always) but there are other considerations (as always).

If you don't have a Tax File Number, then the bank will be legally obliged to charge you about 50% tax on any interest earned. In time, you will be able to claim that tax back once you register for a TFN and submit an annual tax return.

Hope this helps
Bob in Bull Creek