Transferring Money from the UK

[#1]

Hi, My husband has sold a house in the UK. We plan to transfer the money to our Australian Bank Account to put towards a house purchase in Australia. 

I am an Australian Citizen while my husband is on a woking visa. The house was registered under his name alone. 

What are the tax implcations for transferring a large amout of money from a UK account to an Australian account? Are there any financial implications if the funds are being used to purchase a property here?

Thanks advance if you can answer any of these questions.

[#2]

@Caithann 

As long as it is not seen as income then there are no tax consequences for transfering your own money.

I presume that you both don't own another house yet?

[#3]

Hi, no we don't own another property.

Thanks 

[#4 · Accepted solution]

@Caithann 

No issues then, except if you earn interest whilst waiting to buy the house.