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Found 5 results

  1. Hi We are in the process of applying for our 175 visa but my OH keeps thinking the wages of the jobs he is looking at (electrical forman) are too good to be true and are usually at least 30% better than JIB rates in the UK. I am a teacher and salerys for this also work out about 25% better. With the cost of living and everything else to take into consideration after the move are most people better off or about the same as before they left?
  2. I have been reading and reading all the posts on here for ages now and have done plenty of research but I think I just need some reassurance from "poms in oz" My husband got an independent skills visa last October (yaaaaay!) and we had planned to have a bit of fact finding holiday this Sept/Oct for 4 weeks as we have to get an immigration stamp within 12 months. Since then there have been rumblings of redundancy at my husbands work and its looking likely that this week he will get made redundant with a payout of around £20k. We have about £10k in savings and no debt apart from the mortgage. We plan to put the majority of our belongings into storage and rent our house out for about £750 per month (- a % of agents fee) and we will also have the mortgage paid by an insurance policy taken out years ago in case my husband was made redundant (we have already checked that they will pay out if we are no longer in the country and if we rent the house and they will) They will stop paying though once he takes a job in Oz. We plan to fly out beginning of May (as we have some family events we want to stay for) and then short term rent (4 wks) in Sydney and then long term rent in a suburb like Mosman, Neutral Bay, Queenscliffe, etc). I hope to get a PA/Office Manager temping job (or even permanent) earning approx. 70K AUD and my husbands job in IT pays approx 120 - 200K AUD. We will need to pay for childcare as we have a 3 year old little boy and will need to buy the majority of household items again. My husband plans to have a couple of months off before finding a job to settle our son in (as they have never had that amount of quality time before). We have budgeted for the following weekly costs Rent 750 AUD Food 200 AUD Travel cards 100 AUD Childcare? Mobile phones? Health insurance? do we need this? Sky TV? General household expenses? Eating out 100AUD Not really sure how much tax to deduct yet, is it about 30%? We might look at moving further out of Sydney maybe more towards the central coast once we have had time to travel around (another cost for a lease car!) I lived and worked in Sydney about 10 years ago so I kind of know what to expect and I am bracing myself for a much higher cost of living. Are there any things that we should take with us from the house, that we are just ridiculously expensive to buy in Oz. Our long term plan would be to stay for at least 4 years and get dual citizenship and then come home or sell our house in the UK and buy in Oz. Feeling a bit nervous with this whole redundancy thing looming over us and telling our friends and parents has been horrible :no: I would be grateful of any advice. :chatterbox:
  3. Hello all, Not Pom here, actually from the USA, but this seems to be the absolute most knowledgeable place about moving to Oz! So I thought I would post our dilemma to you. Please help us out here! I was recently offered a position in Sydney. The offer is a match plus a moderate bump from my current pay coming to a total of $115,000 AUD (I am currently at $110,000 USD). The job is my dream job and so my wife and I are motivated to make this work. But we agreed when I started looking that we would not do anything that would take us backwards in our standard of living. The problem is the difference in the cost of living, and particularly in housing. Right now we live in the mid west USA. We have a very nice 4 bedroom, 4 bath house with a 2 car garage on about 1/8th of an acre of land that is nicely fenced in with a woodland view. (We bought the home with the extra rooms because we intend to start a family and I have a teen aged daughter from a previous marriage.) We have one nice car and one not so nice car. We are able to eat out 3-4 nights a week and take ballroom dance lessons. We are able to afford a full cable TV and high speed internet package. Our groceries typically come to about $400 a month. I have a long commute (59km each way) so gas is serious expense. So it breaks down like this: House Mortgage: $1,300 month Retirement Savings: $1,000 month Car Payment: $425 month Car and Life Insurance: $300 month Health Insurance: $350 month Cable TV/Internet: $100 month Gas: $250 month Groceries: $400 month Medical Debt Payments: $200 month ------------------------------------------- $4,325 month Other factors: My daughter will not be coming with us, but may visit during the summers. So we only need 3 bedrooms. We intend to rent rather than buy. We will probably only need one car if I can use the train system to commute, and it can be mid-range. I am OK with a commute of up to 45 minutes each way. We need to know if we will be able to work out our budget to give us a lifestyle like we have now. But we can't seem to find a good site to give us real world expenditures in Sydney so that we can make the calculations. So we need the numbers for: 3 Bedroom Apartment Rent (in a good part of town) Mid Range Car Payment Car and Life Insurance Health Insurance Cable TV/Internet Gas Groceries Thanks in advance for any help you can give!
  4. Guest

    Managing financially

    Hello all I'm trying to cost living expenses as I'm considering returning to Brisbane from the UK. I lived in Brisbane 3 years ago for 1 year, so I already have a good idea of most costs, but this time there'll be a child into the deal. I’ve been doing some sums and on the whole I think I’ve got my costs right – the biggest things to factor in are tax & Medicare, food, rent/mortgage, and fuel/car costs.... and I’ve done all of these using published tax tables & my own experience of managing a household budget in Brisbane. I’ve also assumed some money coming in from the government in the form of Family Tax Benefits. If I’m slightly wrong on other costs I don’t think it’ll significantly change the big financial picture. My concern is that I’m not sure I’d be able to keep a family of 2 adults + 1 child financially above water on a household income of $90,000. I know that real costs are different from ‘on-paper’ costs, and that people manage & get by, but I want to enjoy a reasonable living standard & still be able to save some money at the end of each year. My expectations aren’t massive, just average - and I’m not a big cashspender (I can honestly say that because I’m an accountant!). I know people’s circumstances are varied & complex, but in general terms can anyone give an indication of how realistic it is to come out smiling on an income of $90,000 in Brisbane, with only 1 working parent, a 4-bed house (mortgaged, not rented), and 1 family car? Oh, to be able to afford a couple of short holidays each year would be nice too! On the evidence though, I can’t seem to make it work financially. Many thanks Andy
  5. Hi Guys, Are any of you moving to Australia or have you moved to Australia and given up so much to make the move financially? Are all the material things here in the UK not worth it anymore, do you want something thats just new and different? If you are in Australia did you leave a lot behind and financially not better of but richer in your new life? If you are here in the Uk still, do you have any doubts and what are you consoling yourself with (apart from the alcohol lol)? Just wondering :wubclub:
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