hello,

i'm planning to transfer to rmit come july, but i'm quite vague about the cost of living in the city as the
campus is in the CBD. my estimation is around 20,000AUD$ per year which is equivalent to my course fees.
any comments on whether that is accurate or well off the figure. :/
this means i'd have to spend around 100k per year. and btw i'm studying IT ..
sigh. the cost is almost the same as
an engineering one.

can anyone give me a rough figure on the cheapest rent per week in the city or surrounding suburbs not further than 15 minutes away? and do give some examples of suburbs or road names.

can i cover the rent just by working the maximum 20 hours per week?

and what is the tax rate like there for part timers?

thanks

This post has been edited by discoinferno1: Apr 1 2008, 11:56 AM

[quote=december88,Apr 1 2008, 04:08 PM]
cover the rent minimum 20 hours per week ? well hmm, i guess you should check the minimum wage in victoria, oddly enough in South Australia it's ~$13 per hour and it decreases if you're younger than 20 or 21. Go www.ato.gov.au for tax rate. Earn $6000 or less no tax, more than $6001 to $30000(i think) then it's 15%. Man good luck with working man. i can't see myself working plus studying.

thanks for the info. i think working while studying wont be a problem cos it's only 20hrs/w . which is like peanuts here. btw, i'm studying IT which is
i'm sure more of a lower workload kind of course. best still, there might be days that i have no classes.



[quote=jae,Apr 1 2008, 05:04 PM]
The usual estimation for living expenses is approximately the same as what you pay for tuition fees, so AUD$20K should be more than enough to cover all your expenses including rental unless you spend a lot on entertainment, i.e clubbing, alcohol etc.

I'm not from Melbourne so I can't give any comment on the cheapest rent though.

If it's only rental, then yes you will most likely be able to cover them by working the maximum 20hours per week. But then again it all depends on how much is the rental and your wages. Typical asian employer pays around 8~10 dollars per hour, which is pretty much ripping you off. I suggest you look for fast food outlets, even though the workload sucks, the pay is nevertheless better, maccas pays about $15/hr if you are 19, goes higher if you are older than that, but that also means they are more reluctant in hiring you once you get past 19 or 20.

It doesn't matter if you are a part timer or full timer, as long as you earn below 6k per year, you'd fall under the tax-free bracket.

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ah, i see. clears up what i had in mind quite a bit.
btw, with the $15/hr, 6k per year is easily attainable, i guess i'll have to pay tax then. haha