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I’ll mostly reiterate what the above members have said. But when talking with an accountant I may also try to find out information about having a registered business overseas, rather than in Australia. That way you may (and I only say “may”, I’m not an accountant) be able to pay less tax on any income you may make from outside Australia, if that is relevant for you. It will also depend on where you reside …etc too.

Good luck!