Well, we all are asking the question too. Recently DIAC did some reseach on the actual job demand to each occupation.
I have some friends who actually are Architect who worked 10 years but hardly get employed due to lack of Australian working  experience.
This worries me too as they're saying they're lack of these professional jobs but don't employ them with some strange reason.
Accountant is always job in demand. But how are you going be stand out from the competitors is an uneasy task. I know that IELTS has to get Band 7 or 8.
Now the required points is 60. If your point is 65 to 75, i assume you have Ozzie and malaysia working experience. State sponsporship is not required if you have pass the point.
If you're working as management level in Malaysia with RM10k or above, my advise is there's no reason for you to migrate. If you successful migrating there, be prepare that ang moh will posting you in junior or executive level only. It's not about racist, just that how you build their confident on you which might take time.
How to get 1st job in decent/reputable company? Well, i'm asking the question too.
How is the market for accountants? Competitive, my friend is searching for jobs which took her 6 mths.
How is life during the 1st few years? Miserable but not for long coz after 2 years, centrelink will provide you assistant.

this is not good, seeking centrelink help b4 coming here :-)
u need to wait for 2 years to get help from centrelink.. and of course u need to prove u r looking for job and dun have much money..
unless u come with kids, then u can get family tax benefit immediately..

as usual, goto centrelink website and read more..

Annie Lee was right. It is quite hard to give one number that suits everyone. As some suburb is cheaper than another, and the cost of travel depends on distance from where you stay.

Here is the ballpark figure.
Rental including utilities: 1 room ($200/week); An apartment ($500/week)
Mobile line + Internet: $600/yr
Insurance (medical): $100/yr
Food + groceries: $30/day
Travel (Bus + Train): $1800/yr

Note: Just a ballpark figure for reference only.

Ops. is $100/mth for the medical. Possible to get cheaper than that. You can check with Medibank, HBF, Bupa...  and get an idea what package you want.

Regarding the internet and mobile, can refer to Annie's comment. If you think you are normally going to skype back, you can go for prepaid mobile + internet instead of postpaid. Another option is to go for mobile broadband.

Trying yr luck in Aus? What happens if you are jobless for >1 year?
Do you have a family to feed? What is your current profession? Is it in demand or niche that Australia needs?

The last thing you want to do it to end up in dead end jobs like supermarket cashier, croupier, parking lot attendant, etc (no disrespect to those jobs).
If yes, better to be in M'sia.

Well, i guess is very much on yourself. For my case, i'm not selling all my property just heading down under besides selling my cars. It's all about personal decision and children education.
Always try and see how's it going. no harm to try, only burning some cash and time. Try do some casual work while looking for your profession job.
You won't starve to death.
Talk about cash, it's too subjective how much you gonna spend and which city you're staying. If you're staying in sydney or melb, it definitely rental is the highest in urban area. unless you're staying in kampung.
My piece of advise, if you alone earning RM 10k/mth in malaysia, no point for you to migrate. You can get a nice lifestyle back home. If less than that, then of course you could try. Malaysia is very much underpay which i think only banking and O&G industries could pay higher. Others might be not so lucky. (Please correct me if i'm wrong with this statement. Thanks!)

Exploitation of 457 visa by employee suspected, gov will tighten the granting of 457 visas.

http://video.news.com.au/2338048322/457-vi...verseas-workers