Australia To Create Remittances Website

(Australia Government website)

AusAID, the Australian Agency for International Development, wants to create a website that will lower the cost of remittance payments between Australia, New Zealand and nations within the South Pacific.

AusAID says that official remittances are worth at least US$400 million to the Pacific region and that it wants to help to lower the cost of those funds transfers via a simple and low-cost website.