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Showing results for tags 'ratio'.
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Hi, I'm sure I've seen an answer to this question somewhere - either on this forum or another - but I can't remember the details... Basically, what i would like to know is whether there is rough guide/suggestion as to what percentage of your total earnings you should spend on rent to ensure a comfortable lifestyle? I know this is a very "woolly" question, but having never rented before we have no idea. Basically, we're looking at spending approx. $500/wk, which equates to $24k/yr. Our joint earnings should be in the region of $150k (I am earning roughly two thirds of that and my wife I likely to earn something similar), so this sounds quite manageable to me. However, after tax, utility bills, commuting to work, etc, I don't really know what to expect to be left with. We're obviously looking for as good a life as possible, but don't want to apply the same pressures that we had in the UK by taking on an overly expensive rental agreement. Talking about utility bills, can anyone give any idea as to what we can expect to pay for those? There's just the two of us and we're currently looking at 2x1 apartments and 3&4x2 houses. Thanks.
Hello, I have been looking on realestate.com.au in various places I would like to live but I am unsure what I can afford. I hope to bring approx A$100K with me and hope to get a job of approx A$65-80K per annum. Based on this salary/deposit what size mortgage would I be offered? Thanks, Stephen
Hi All, I am on a 457 visa and can apply for my ENS 856 in two weeks time. The problem I am facing is as follows: My company has been doing it tough this year due to the GFC and the amount of employees has dropped from 50 to 19. Currently out of the 19 employees at my company, 4 are on 457 visas, 3 are student/backpackers and the remaining 12 are Australians. The problem is my employer is worried about the Australian to Foreigner ratio and thinks that if we apply to Immigration for my visa and tell them how many workers we have here they will reject my application and also may tell them we have too many overseas workers and say that some of them have to leave. My employer feels that we have a few big contracts in the pipeline that possibly will close soon but I have heard them say that all year (but these contracts are more likely to close) and once we have more work we can employ more Australians and the ratio will be better. Does anyone know if this will happen? I have been waiting so long to apply for my ENS 856 and I don't want to delay the application if I don't have to. Will Immigration really deny my application due to my company having too many overseas workers?