IBISWorld Platform
Answer any industry question in minutes with our entire database at your fingertips.
Money Transfer Agencies in Australia Industry Data and Analysis
Globalisation and rising labour mobility are underpinning growth in the Money Transfer Agencies industry. Industry revenue is closely linked to the number of overseas workers employed in Australia, with many sending money home to support their families. The Australian economy’s resilience in relation to other developed economies, combined with its skill shortages, has made Australia an attractive destination for overseas workers seeking employment. The COVID-19 pandemic significantly constrained migration during 2020-21, contributing to revenue slumps. As borders have reopened, net migration has recovered over the past few years, reaching pre-pandemic levels. Overall, industry revenue is expected to expand at an annualised 1.4% over the five years through 2025-26, to $842.9 million. This includes an anticipated 1.3% hike in 2025-26, as the number of international students expands.
Access this data your way
The Money Transfer Agencies in Australia Industry analysis is available in multiple formats to fit seamlessly into your workflow.
API Data Delivery
Feed trusted, human-driven industry intelligence straight into your platform.
Integrations
Streamline your workflow with IBISWorld’s intelligence built into your toolkit.
What's included in this industry analysis
IBISWorld's research coverage on the Money Transfer Agencies industry in Australia includes market sizing, forecasting, data and analysis from 2015-2030. The most recent publication was released December 2025.
About this industry
What's this industry report about?
The Money Transfer Agencies industry in Australia operates under the ANZSIC industry code OD5114. Industry firms act as third-party agents that facilitate money transfers and payments among parties in different locations. The industry excludes bank wire services and card-based services. Related terms covered in the Money Transfer Agencies industry in Australia include spot quote, bitcoin and white-label products.
What's included in this industry?
Products and services covered in Money Transfer Agencies industry in Australia include In-store money transfer operations and Online money transfer operations.
What companies are included in this industry?
The Money Transfer Agencies industry in Australia is highly fragmented with no companies holding a market share greater than 5%.
Performance
What's included in the Performance chapter?
The Performance chapter covers detailed analysis, datasets, detailed current performance, sources of volatility and an outlook with forecasts for the Money Transfer Agencies industry in Australia.
Questions answered in this chapter include what's driving current industry performance, what influences industry volatility, how do successful businesses overcome volatility, what's driving the industry outlook. This analysis is supported with data and statistics on industry revenues, costs, profits, businesses and employees.
Products & Markets
What's included in the Products and Markets chapter?
The Products and Markets chapter covers detailed products and service segmentation and analysis of major markets for the for the Money Transfer Agencies industry in Australia.
Questions answered in this chapter include how are the industry's products and services performing, what are innovations in industry products and services, what products or services do successful businesses offer and what's influencing demand from the industry's markets. This includes data and statistics on industry revenues by product and service segmentation and major markets.
Geographic Breakdown
What's included in the Geographic Breakdown chapter?
The Geographic Breakdown chapter covers detailed analysis and datasets on regional performance of the Money Transfer Agencies industry in Australia.
Questions answered in this chapter include where are industry businesses located and how do businesses use location to their advantage. This includes data and statistics on industry revenues by location.
Competitive Forces
What's included in the Competitive Forces chapter?
The Competitive Forces chapter covers the concentration, barriers to entry and supplier and buyer profiles in the Money Transfer Agencies industry in Australia. This includes data and statistics on industry market share concentration, barriers to entry, substitute products and buyer & supplier power.
Questions answered in this chapter include what impacts the industry's market share concentration, how do successful businesses handle concentration, what challenges do potential industry entrants face, how can potential entrants overcome barriers to entry, what are substitutes for industry services, how do successful businesses compete with substitutes and what power do buyers and suppliers have over the industry and how do successful businesses manage buyer & supplier power.
Companies
What's included in the Companies chapter?
The Companies chapter covers Key Takeaways, Market Share and Companies in the Money Transfer Agencies industry in Australia. This includes data and analysis on companies operating in the industry that hold a market share greater than 5%.
Questions answered in this chapter include what companies have a meaningful market share and how each company is performing.
External Environment
What's included in the External Environment chapter?
The External Environment chapter covers Key Takeaways, External Drivers, Regulation & Policy and Assistance in the Money Transfer Agencies industry in Australia. This includes data and statistics on factors impacting industry revenue such as economic indicators, regulation, policy and assistance programs.
Questions answered in this chapter include what demographic and macroeconomic factors impact the industry, what regulations impact the industry, what assistance is available to this industry.
Financial Benchmarks
What's included in the Financial Benchmarks chapter?
The Financial Benchmarks chapter covers Key Takeaways, Cost Structure, Financial Ratios, Valuation Multiples and Key Ratios in the Money Transfer Agencies industry in Australia. This includes financial data and statistics on industry performance including key cost inputs, profitability, key financial ratios and enterprise value multiples.
Questions answered in this chapter include what trends impact industry costs and how financial ratios have changed overtime.
Industry Data
What's included in the Industry Data chapter?
The Industry Data chapter includes 10 years of historical data with 5 years of forecast data covering statistics like revenue, industry value add, establishments, enterprises, employment and wages in the Money Transfer Agencies industry in Australia.
Trusted by industry professionals
More than 6,000 businesses use IBISWorld to shape local and global economies
We were able to supplement our reports with IBISWorld’s information from both a qualitative and quantitative standpoint. All of our reporting now features some level of IBISWorld integration.
IBISWorld delivers the crisp business knowledge we need to drive our business. Whether it be serving up our major clients, winning new business or educating on industry issues, IBISWorld brings real value.
IBISWorld has revolutionised business information — which has proved commercially invaluable to exporters, investors and public policy professionals in Australia and overseas.
When you’re able to speak to clients and be knowledgeable about what they do and the state that they operate in, they’re going to trust you a lot more.
Frequently Asked Questions
What is the market size of the Money Transfer Agencies industry in Australia in 2026?
The market size of the Money Transfer Agencies industry in Australia is $842.9m in 2026.
How many businesses are there in the Money Transfer Agencies industry in Australia in 2025?
There are 84 businesses in the Money Transfer Agencies industry in Australia, which has grown at a CAGR of 0.5 % between 2020 and 2025.
How may import tariffs affect the Money Transfer Agencies industry in Australia?
The Money Transfer Agencies industry in Australia is unlikely to be materially impacted by import tariffs with imports accounting for a low share of industry revenue.
How may export tariffs affect the Money Transfer Agencies industry in Australia?
The Money Transfer Agencies industry in Australia is unlikely to be materially impacted by export tariffs with exports accounting for a low share of industry revenue.
Has the Money Transfer Agencies industry in Australia grown or declined over the past 5 years?
The market size of the Money Transfer Agencies industry in Australia has been growing at a CAGR of 1.4 % between 2020 and 2025.
What is the forecast growth of the Money Transfer Agencies industry in Australia over the next 5 years?
Over the next five years, the Money Transfer Agencies industry in Australia is expected to grow.
What does the Money Transfer Agencies industry in Australia include?
In-store money transfer operations and Online money transfer operations are part of the Money Transfer Agencies industry in Australia.
How competitive is the Money Transfer Agencies industry in Australia?
The level of competition is high and increasing in the Money Transfer Agencies industry in Australia.
Cut through the noise with intelligence you can trust
