I've been told by the migration agent my company use that the 90 days is for all holders of the 457 visa. That's a relief but Sydney is that expensive that I figure if I haven't managed to find a new sponsor by the time I get made redundant then heading home (at the cost of the Company) is probably better as otherwise we'll waste our savings on Sydney rent. I agree this probably does come down to where we want to live.....which is a difficult decision in itself. The thought of having to start again in the UK is a tiny bit terrifying....better the devil you know I suppose! PR is an option ( I am a Chartered Accountant) but again, we couldn't afford to wait in Australia whilst the application goes through.