The only way you're gonna be sponsoring friends: when you are a multimillionaire and throwing em money to buy those PRs.
Otherwise it's from 43k AUD onwards only for each parent that qualify and I don't believe you can bring any other family members over. If there's any other method, I'm not aware of it.

It's because you don't have relevant 'local experience' or other first world country experience. It's pretty common, unfortunately. Both myself + wife had to restart our careers entirely and we applied for easily 200 or so jobs for our first 5 months in Aus ranging from Msia equivalent roles to junior roles but couldn't even get an interview.
Many others are not able to retain even a job 1 level lower - with the exception of them giving you a job offer first. Granted my personal experience on this might be a skewed and you'd have many who can provide entirely different accounts on their job seeking.

Also the grass isn't always greener here - as a skilled migrant you do not qualify for their handouts if you can't find a job or sustain yourself here for the first 2 years.
It'll also be an entirely diff working culture with its own issues.

Actually I got a job offer in Aussie - 1 level lower than my current, which I rejected as I am aiming to move over at a higher level. Yea, Australia life is difficult for the first few years but beyond that, it's pretty much what we expect it to be.

Just renewed my rrv (subclass 155) for 5 years for A$431.

Got 5 years to decide if i want to go back to Sydney to live/retire.

Did it online - quite easy but took about 30 minutes to complete.

I did the same thing in July, pretty straight forward.
How's it going for you back in Msia? Enjoying the cheaper standard of living?

I was under the impression that the inflation and cost of living was rising a fair bit based on what my mum has been telling me.

Hello my friend, inflation is increasing in Msia but i am bringing back Aussie so it is still very cheap compared to Sydney prices. Kopitiam prices is still very cheap compared to our Sydney prices (average A$20 per plate for kopitiam types of food in Sydney). No doubt the plate sizes is smaller in KL compared to Sydney but the difference in price (esp after factoring in the exchange rate) is astronomical. Even restaurants with air-conditioning here in KL is about half the Sydney price - the only thing is a lot of restaurants here add in 10%sst and 6% service charge - something we don't have in Sydney.

Only thing that gets on my nerves is how people drive here - people here drive like lunatics!! I don't drive fast so i learn to cope with all their erratic driving behavior. We got to watch everywhere because you will get people driving against the traffic sometimes (people going the wrong way in one-way streets). I never have much to complain about driving on Sydney streets but in KL, i see a lot of crazy drivers and riders here. Lucky i go out only at off-peak hours.

Stay in touch!

Yup, both wife and I can't stand driving in Msia during peak hours if we can help it, lots of the drivers are as bad as drivers in Philippines - truly terrible. Lidcombe drivers can be comparable to the Msian drivers every now and then.
Can't show too much kindness when driving there or other drivers will definitely take advantage of you.

That's good in regards to food - the Aus version of the Msian food usually missed the mark for me and they cost easily 3x more. The Vietnamese food is consistently better in comparison.

Hopefully you've not encountered any petty crime or otherwise. Managed to do any traveling in the country? Definitely plenty of beautiful spots to visit and if our trips back to Msia isn't always so packed visiting friends & family, we would definitely have gone out of the city.

CPI 7.3% - Looks like interest rates set to rise higher. Aussie dollar going up slightly expecting RBA will increase at least 0.5% in Nov

https://www.news.com.au/finance/economy/int...98a04d8d6f392af

Standard variable rate in CBA now 7.05%
https://www.commbank.com.au/home-loans/interest-rates.html

Thank you for this good heads-up, Gary,... I expected the RBA will raise again too,... and yes, probably by another 0.25% on Nov 1st., next Tuesday,.. taking the Overnight Policy Rate (OPR) to 2.85%. The hiked by 0.25% on October 4th...

A lot of people expected 0.5% in Oct but RBA only offered 0.25%. Now they expect at least 0.5 on Melb Cup day (1st Tues in Nov) - see the Aussie dollar going up slowly now. RBA is afraid going up too fast will create a recession in Aust which is why they dare not increase too fast but with the latest inflation (was a shocker!), RBA has no choice now.

You could be right - they might raise by 0.50% next week,.. but Lowe did say earlier that they preferred to do this slowly and observed first.

7.3% inflation rate is a shocker!! No one expected inflation to be this high.

Usually RBA announce the rate on Melbourne Cup day (Victoria has a public holiday on that Tuesday due to the Cup) around 2.30pm - just before the Melbourne Cup starts.

Home loan borrowers will be the hardest hit esp those that borrow to the max - a lot of analysts are saying that housing prices will drop quite heavily in the coming few years (esp in Sydney and Melb as they have gone up the most).

Stephen Lowe has been hinting on being careful abt increasing int rates. He does not want to be the fallguy for Australia suffering a REcession. I think,... it's be 0.25% only next week.

Money market is betting on 0.5% or higher next week - AUD is currently 0.648789 after having been as low as 62c the past couple of weeks. If standard variable rate for home loans hit 9%, you may see a lot of distressed loans.

Let's see what happens next Tues - i am predicting 0.5% 

Bro Gary,... I'd like to update this thread by saying the following :-

There is an update as of 27.10.2022, and the update is : The RBA consensus says 54% going for a final rate of 3.10% next week.

So,... you could be right,... I'll update myslf too,...

Thank you Hansel.

Whichever way it goes, it will be another 0.5 for the rest of this year. So if RBA goes 0.5% in Nov, then borrowers will have a happy Dec 

Thank you Hansel.

Whichever way it goes, it will be another 0.5 for the rest of this year. So if RBA goes 0.5% in Nov, then borrowers will have a happy Dec