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Comfortable Salary Levels in Sydney/Melbourne

Comfortable Salary Levels in Sydney/Melbourne

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Old Feb 25th 2003, 6:24 pm
  #1  
Rajiv
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Default Comfortable Salary Levels in Sydney/Melbourne

Hi,

Can someone tell what is the average salary level to live a middle
class and comforatble life in Sydney/Melbourne?

I heard that Indian CA's are initially being offered a salary of
around 35-40K? Is it comfortable to live on with a spouse ? I know
'comfortable ' is a very sunjective term, but I just wanna explore
whether one can afford decent lifestyle in Sydney/Melbourne....lets
say including rent, food, weekly outings,
electricity/water/telephone/internet, running expenses of car,
etc...whatever is required to live a decent life in Australia.

BTW is my figure of 35-40K for Indian CA in an entry level job a
realistic ???

Thanks a lot

rajiv
 
Old Feb 26th 2003, 8:28 am
  #2  
Jaj
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Default Re: Comfortable Salary Levels in Sydney/Melbourne

You will be able to survive on that kind of salary (many people do)
but not live comfortably (although that depends on what people define
as 'comfortable').

A bigger question is whether your Indian CA qualification will be
recognised - just because it's accepted for migration does not mean
that Australian employers will accept it. You will probably have to
become a qualified Australian CPA.

Another big factor detemining what kind of job you may get will be
your previous work experience. If you've worked for Western companies
in India that will be helpful, if not, Australian employers may not
give it any recognition.

Jeremy

    >On 25 Feb 2003 11:24:57 -0800, [email protected] (Rajiv) wrote:
    >Hi,
    >Can someone tell what is the average salary level to live a middle
    >class and comforatble life in Sydney/Melbourne?
    >I heard that Indian CA's are initially being offered a salary of
    >around 35-40K? Is it comfortable to live on with a spouse ? I know
    >'comfortable ' is a very sunjective term, but I just wanna explore
    >whether one can afford decent lifestyle in Sydney/Melbourne....lets
    >say including rent, food, weekly outings,
    >electricity/water/telephone/internet, running expenses of car,
    >etc...whatever is required to live a decent life in Australia.
    >BTW is my figure of 35-40K for Indian CA in an entry level job a
    >realistic ???
    >Thanks a lot
    >rajiv

This is not intended to be legal advice in any jurisdiction
 
Old Feb 26th 2003, 8:30 am
  #3  
Jsuppal
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Posts: n/a
Default Re: Comfortable Salary Levels in Sydney/Melbourne

Hi

The entry level salary for most CAs, not just Indian, is approximately what
you quote.

And, to put it in perspective, the Australian graduate has already been
trained in Australian
Tax and Corporations Law as well as Australian ethics for accountants. On
the other hand,
overseas qualified CAs may still have to acquire this knowledge.

And, yes, thousands of Australians live on a similar salary level as quoted
and manage
to live a comfortable middle class life. Of course there are those who will
not agree
with my statement as "a comfortable middle class life" is a rather
subjective judgement
as already pointed out by you. You should be able to manage if you do not
get in a race
to "keep up with the Joneses".

And, finally, I don't believe that any good Australian employer will
discriminate just because
one is an Indian, English, German or other accountant. The entry-level pay
is rather more a
reflection of the fact that an accountant from overseas needs further
education and/or
training to acquire the skills and knowledge that such an employer requires,
and as such
to achieve the performance level required for the job. Similarly for an
Australian qualified
accountant who does not have sufficient practical training and experience.

Ciao.


--
J S Uppal
Registered Migration Agent No: 9803103
26 Harthouse Road
Ambarvale, Sydney NSW 2560
AUSTRALIA
http://firms.findlaw.com/JSUppal
Fax: + 61 2 4628 6003
Tel/Mob: + 61 (0)40 344 9761

"Rajiv" wrote in message
news:[email protected]...
    > Hi,
    > Can someone tell what is the average salary level to live a middle
    > class and comforatble life in Sydney/Melbourne?
    > I heard that Indian CA's are initially being offered a salary of
    > around 35-40K? Is it comfortable to live on with a spouse ? I know
    > 'comfortable ' is a very sunjective term, but I just wanna explore
    > whether one can afford decent lifestyle in Sydney/Melbourne....lets
    > say including rent, food, weekly outings,
    > electricity/water/telephone/internet, running expenses of car,
    > etc...whatever is required to live a decent life in Australia.
    > BTW is my figure of 35-40K for Indian CA in an entry level job a
    > realistic ???
    > Thanks a lot
    > rajiv
 
Old Feb 26th 2003, 9:10 am
  #4  
Konstantin Tsolov
Guest
 
Posts: n/a
Default Re: Comfortable Salary Levels in Sydney/Melbourne

Jeremy Hi,

How should one go about recognising an overseas Master's Degree
(in IT in my case)?
I mailed several Oz universities but received no reply.
Is there a designated agency which deals with such issues?

--kosio

JAJ wrote:
    > You will be able to survive on that kind of salary (many people do)
    > but not live comfortably (although that depends on what people define
    > as 'comfortable').
    >
    > A bigger question is whether your Indian CA qualification will be
    > recognised - just because it's accepted for migration does not mean
    > that Australian employers will accept it. You will probably have to
    > become a qualified Australian CPA.
    >
    > Another big factor detemining what kind of job you may get will be
    > your previous work experience. If you've worked for Western companies
    > in India that will be helpful, if not, Australian employers may not
    > give it any recognition.
    >
    > Jeremy
    >
    >
    >>On 25 Feb 2003 11:24:57 -0800, [email protected] (Rajiv) wrote:
    >>Hi,
    >>Can someone tell what is the average salary level to live a middle
    >>class and comforatble life in Sydney/Melbourne?
    >>I heard that Indian CA's are initially being offered a salary of
    >>around 35-40K? Is it comfortable to live on with a spouse ? I know
    >>'comfortable ' is a very sunjective term, but I just wanna explore
    >>whether one can afford decent lifestyle in Sydney/Melbourne....lets
    >>say including rent, food, weekly outings,
    >>electricity/water/telephone/internet, running expenses of car,
    >>etc...whatever is required to live a decent life in Australia.
    >>BTW is my figure of 35-40K for Indian CA in an entry level job a
    >>realistic ???
    >>Thanks a lot
    >>rajiv
    >
    >
    > This is not intended to be legal advice in any jurisdiction
 
Old Feb 26th 2003, 2:06 pm
  #5  
Balu
Guest
 
Posts: n/a
Default Re: Comfortable Salary Levels in Sydney/Melbourne

hi,

whats is the best way if some CA is coming to Australia from India and
wants to change his career....like getting into Corporate
Finance/Financial Services?

Is it better to go for Masters in Accounting/Finance from Macquire
etc. or do an MBA from Melbourne or AGSM,Sydney? Can we expect entry
level jobs in Australia after doing MBA from these schools? Or do we
need tons of relevant experience to get any benefit out of these MBA
Programs?

Thanks
 
Old Feb 26th 2003, 9:57 pm
  #6  
Protect The Innocent
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Default Re: Comfortable Salary Levels in Sydney/Melbourne

AND I still don't know what Indian CA means, which was why i continued reading the post in the first place!!!
 
Old Feb 26th 2003, 10:28 pm
  #7  
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Default Re: Comfortable Salary Levels in Sydney/Melbourne

Originally posted by Protect The Innocent
AND I still don't know what Indian CA means, which was why i continued reading the post in the first place!!!
Chartered Accountant
Computer Analyst
Computer Associates
Credit Analyst
California

Take your pick. Listed in order or probability.
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Old Feb 26th 2003, 10:30 pm
  #8  
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Default Re: Comfortable Salary Levels in Sydney/Melbourne

The IT industry isn't a regulated industry, so there isn't a place for you to go to get your credentials cerfified for universal use within Australia.

It's up to each individual employer to make the judgement call.


Peter

Originally posted by Konstantin Tsolov
Jeremy Hi,

How should one go about recognising an overseas Master's Degree (in IT in my case)?
I mailed several Oz universities but received no reply.
Is there a designated agency which deals with such issues?
ptlabs is offline  
Old Feb 27th 2003, 5:28 am
  #9  
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Joined: Oct 2002
Posts: 68
dokwal is an unknown quantity at this point
Default chartered Accoutant

Rajeev

There is good demand for indian Chartered Accoutants

no doubt payscale r not good but ok for 2+1 fly

i ensure u if u r ca +2-4 yr experience u will get job in audit firm

as 3 to 4 my friends r working in sydney , i got this info from them

if u read indiadownunder site u will get 50 ca firms where indians r working

be relax we will not end up in driving taxi , but all work is good at particular stage.

rgds
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Old Feb 27th 2003, 6:55 am
  #10  
M e M b E r
 
Joined: Feb 2003
Location: Westralia
Posts: 182
gordon_flash is an unknown quantity at this point
Default Re: Comfortable Salary Levels in Sydney/Melbourne

Originally posted by Konstantin Tsolov
Jeremy Hi,

How should one go about recognising an overseas Master's Degree
(in IT in my case)?
I mailed several Oz universities but received no reply.
Is there a designated agency which deals with such issues?

--kosio
Try www.acs.org.au.

This is Australian Computer Society's official website. Explore the site, download application form and apply to them for skills assessment.
They will give you a letter certifying whether your degree is equivalent to an Australian Degree.

Gordon
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Old Feb 27th 2003, 11:56 am
  #11  
Konstantin Tsolov
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Default Re: Comfortable Salary Levels in Sydney/Melbourne

I am not talking about the industry but the degree.

I spent all that time going through university and it sure would be
nice to have that degree recognised in Oz.
I'm aware it won't happen right away, that's why I'm asking if anyone
knows how should one go about doing it.

--kosio

ptlabs wrote:
    > The IT industry isn't a regulated industry, so there isn't a place for
    > you to go to get your credentials cerfified for universal use within
    > Australia.
    >
    > It's up to each individual employer to make the judgement call.
    >
    >
    > Peter
    >
    > Originally posted by Konstantin Tsolov
    >
    >>Jeremy Hi,
    >>How should one go about recognising an overseas Master's Degree (in IT
    >>in my case)?
    >>I mailed several Oz universities but received no reply.
    >>Is there a designated agency which deals with such issues?
    >
    >
    >
    > --
    > Posted via http://britishexpats.com
 
Old Feb 27th 2003, 10:31 pm
  #12  
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Joined: Sep 2002
Location: Perth, Australia
Posts: 43
lidleony is an unknown quantity at this point
Default

i am sorry if my words here may be rather harsh........but by all of the talking about indian ca....is it mean that employers are looking and rewarding based on a specific country than specific skills? i am particularly concern in this matter as i read more and more comments emphasizing more toward nations or originality than just a workexperiences or specified skills. is this the reality that happened in aussie currently?

Last edited by lidleony; Feb 27th 2003 at 10:35 pm.
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Old Feb 28th 2003, 10:01 am
  #13  
Thunder Ace
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Default Re: Comfortable Salary Levels in Sydney/Melbourne

lidleony wrote in message news:...
    > i am sorry if my words here may be rather harsh........but by all of the
    > talking about indian ca....is it mean that employers are looking and
    > rewarding based on a specific country than specific skills? i am
    > particularly concern in this matter as i read more and more comments
    > emphasizing more toward nations or originality than just a
    > workexperiences or specified skills. is this the reality that happened
    > in aussie currently?

See the following extract from a previous post to this thread:

"
And, finally, I don't believe that any good Australian employer will
discriminate just because
one is an Indian, English, German or other accountant. The
entry-level pay
is rather more a
reflection of the fact that an accountant from overseas needs further
education and/or
training to acquire the skills and knowledge that such an employer
requires,
and as such
to achieve the performance level required for the job. Similarly for
an
Australian qualified
accountant who does not have sufficient practical training and
experience.

Ciao."

That about sums it up. Most people on this NG do not live in Australia
and have little experience of the country, so a lot of the comments
made are not based on fact but the usual supposition bordering on
paranoia is some cases. I wouldn't worry about this.

Thunder Ace
 
Old Mar 1st 2003, 11:08 am
  #14  
Gill
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Posts: n/a
Default Re: Comfortable Salary Levels in Sydney/Melbourne

Rajiv , as per my understanding , Indian CA (Chartered Accountant ! )
is not recognised in Oz. You need to complete CPA which will be
equivalent of Indian CA. But, you can apply for accountant job by
completing additional two subjects : a/ Australian law b/ Australian
taxation ; once you complete this you could apply for CPA membership
and thereafter you'll have to complete 5 papers to qualify for CPA.Pl
visit australian CPA website for more info. Good luck !!!
Regards,
Gill
 
Old Mar 2nd 2003, 2:22 am
  #15  
Jane
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Posts: n/a
Default Re: Comfortable Salary Levels in Sydney/Melbourne

It is unlawful in Australia for an employer to discriminate against a
person seeking employment on the basis of that person's racial or
ethnic origin. Of course making a decision based on the relative
value of the person's skills and experience is another thing.

Obviously, anti-discrimination legislation does not mean that
discrimination does not exist in Australia or that a remedy is easily
available to someone who does experience it, but it can be taken as an
expression of government policy and community attitudes.

Best of luck in Australia, where most of us welcome people from all
backgrounds.

jane

lidleony wrote in message news:...
    > i am sorry if my words here may be rather harsh........but by all of the
    > talking about indian ca....is it mean that employers are looking and
    > rewarding based on a specific country than specific skills? i am
    > particularly concern in this matter as i read more and more comments
    > emphasizing more toward nations or originality than just a
    > workexperiences or specified skills. is this the reality that happened
    > in aussie currently?
 


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