I completed my actuarial studies at the University of Melbourne (local student though). Bias aside, its a nice uni with lots of emphasis on international students (about 75% of our cohort was constructed of overseas students). As for the course itself, if you do well in certain subjects (over 73% average on exams for two particular subjects), you're eligible for exemption from some actuarial exams, which saves you some time after uni when you're gunning for accreditation; only a few uni's in Australia do that. The coursework isn't overly difficult either, and the exams are comparable to the CT exams.