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How much money to take?


Arash

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Dear Friends,

 

Me, my wife and 2 years old son are gonna fly to Australia in the January 2015. Can anyone help us know how much money we need for the first 6 months after arrival, including everything (rent, bills, food,...)? I would like to know an approximate range. Thank you guys.

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In a nutshell as much as possible. You need enough to live for at LEAST 3 months with no other income. Ideally 6 months.

 

Have a look on real-estate.com.au to get an idea of rental costs. But it is going to be at least $400 a week. Then there will be a bond of a months rent. Rentals here are by the week, so don't use 4 weeks per month.

 

Gas elec, water are going to be about $100 a week.

 

Food is very variable depending on the family, but I would allow at least $200 a week.

 

You will need to buy a car - allow $3k for a cheap second hand (cars are expensive here)

 

Then obviously fuel/ insurance / rego

 

Allow for the fact that in the first month you will leach cash like water.

 

But ultimately it will come down to how fast you can find a job. But it is best to budget as a pessimist than an optimist. On the plus side, if you are arriving as a permanent resident you may be eligible for some state assistance. But not having children I can't advise on this.

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Like everyone says as much as you can has you dont know how long it will take to find work.Rent the killer here.

Good luck.

 

I will vouch for that, the rent is half of my take home pay & I'm one of the lucky ones that arrived with a job, it took my OH 8 months to get a job. :shocked:

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Thank you friends for your comments. As far as, I have my job and income here in Kuala Lumpur, and from your SCARY comments (LOL), it seems that I need to find a job in Oz first and then arrive there. Until 17 April 2015, I must have first entry to Oz. Another option is I need to come to Oz before my wife and son to find a job and settle everything then call them to join me.

 

Which option you think is better and helpful?

Finding a job is only through online? or can be from other ways?

 

Highly appreciated,

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