WA - June 2013 Intake - Progress & Results
Sep 30th 2013, 8:44 pm
#376
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Joined: Jul 2013
Posts: 248
Re: WA - June 2013 Intake - Progress & Results
Bagdog. Thanks for that. Real helpful. Only thing I would ask is are you not planning on going out at all?
HB
HB
Sep 30th 2013, 8:51 pm
#377
Living the dream in WA
Joined: Jan 2013
Posts: 315
Re: WA - June 2013 Intake - Progress & Results
I've been doing my research and have compiled a few figures. It may put you in better in a picture.
To explain, I have ran the wages we are going to get (I took the 5 year cop one for an average) with our shift penalties, through a tax and medicare deduction calculator. I have researched several sites and generated a table for average costs of living, I have estimated some costs but I'm sure this isn't too far from real costings.
Here goes....
All Costs Per Month
Council Rates - $140
Water Rates - $74
Water Usage - $35
House Insurance $30
Electricity $140
Gas $65
Mobile Phone (x2) $100
Broadband $50
TV $75
Food $500
Rent $2200 ($550 per week property, good level of house there are cheaper ones out there)
Total $3418
5yr cop wage (with shift penalties and deductions) = $4400 (per month)
Saving around $1000 per month.
If I have missed anything off then please let me know, I have based this on me, the wife and baby Bagdog.
I have based this on my wife not working straight away, she would potentially get a part time job paying $1000-$2000 increasing our monthly savings.
Ta
To explain, I have ran the wages we are going to get (I took the 5 year cop one for an average) with our shift penalties, through a tax and medicare deduction calculator. I have researched several sites and generated a table for average costs of living, I have estimated some costs but I'm sure this isn't too far from real costings.
Here goes....
All Costs Per Month
Council Rates - $140
Water Rates - $74
Water Usage - $35
House Insurance $30
Electricity $140
Gas $65
Mobile Phone (x2) $100
Broadband $50
TV $75
Food $500
Rent $2200 ($550 per week property, good level of house there are cheaper ones out there)
Total $3418
5yr cop wage (with shift penalties and deductions) = $4400 (per month)
Saving around $1000 per month.
If I have missed anything off then please let me know, I have based this on me, the wife and baby Bagdog.
I have based this on my wife not working straight away, she would potentially get a part time job paying $1000-$2000 increasing our monthly savings.
Ta
Anyway, my budget including a car and insurance, rego etc, was between $900-1,000 a week. Before the salary increase, and with only one wage, that was going to be tight, and even after the wage increase, $400 would probably quickly get swallowed with extras like health ins, dental cover, school fees, ambulance cover etc. I still think that it's manageable, but tight, at least initially until Mrs G gets a job. Like you say, with an extra $1,000-$2,000 a month coming in, life will be rosy!
Sep 30th 2013, 8:53 pm
#378
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Thread Starter
Joined: Jun 2013
Posts: 98
Re: WA - June 2013 Intake - Progress & Results
Haha yes HB of course, me and the family love to eat out. It was a basic look at costs, but yes eating out and family activities will eat away at that $1000 difference in no time. Sparkles has added a good point about transport and car costs etc.
It is a tough one to guess from the other side of the world, but with help from my mate over there I've managed to compile a realistic list.
Sparkles I put food at $500 as a conservative estimate, shopping at farmers markets and looking at deals obviously until you figure out the cheapest places.
We will go over with some savings to fall back on, but I think I wanted to figure out if we could live off just my wage until Mrs Bagdog found a job.
With being careful, and hopefully completing the exams and moving a notch or two up the pay scale it should be quite comfortable.
It is a tough one to guess from the other side of the world, but with help from my mate over there I've managed to compile a realistic list.
Sparkles I put food at $500 as a conservative estimate, shopping at farmers markets and looking at deals obviously until you figure out the cheapest places.
We will go over with some savings to fall back on, but I think I wanted to figure out if we could live off just my wage until Mrs Bagdog found a job.
With being careful, and hopefully completing the exams and moving a notch or two up the pay scale it should be quite comfortable.
Sep 30th 2013, 8:56 pm
#379
Forum Regular
Thread Starter
Joined: Jun 2013
Posts: 98
Re: WA - June 2013 Intake - Progress & Results
Greg - Missed that list sorry mate, but yeah it will be tight and the savings might get dipped into for luxuries etc, but it's doable. If the Mrs gets a decent paid job (she works for the NHS so shouldn't be an issue) then we should be rosey as you say.
Sep 30th 2013, 9:02 pm
#380
MODERATOR
Joined: Sep 2009
Location: Adelaide
Posts: 29,912
Re: WA - June 2013 Intake - Progress & Results
Haha yes HB of course, me and the family love to eat out. It was a basic look at costs, but yes eating out and family activities will eat away at that $1000 difference in no time. Sparkles has added a good point about transport and car costs etc.
It is a tough one to guess from the other side of the world, but with help from my mate over there I've managed to compile a realistic list.
Sparkles I put food at $500 as a conservative estimate, shopping at farmers markets and looking at deals obviously until you figure out the cheapest places.
We will go over with some savings to fall back on, but I think I wanted to figure out if we could live off just my wage until Mrs Bagdog found a job.
With being careful, and hopefully completing the exams and moving a notch or two up the pay scale it should be quite comfortable.
It is a tough one to guess from the other side of the world, but with help from my mate over there I've managed to compile a realistic list.
Sparkles I put food at $500 as a conservative estimate, shopping at farmers markets and looking at deals obviously until you figure out the cheapest places.
We will go over with some savings to fall back on, but I think I wanted to figure out if we could live off just my wage until Mrs Bagdog found a job.
With being careful, and hopefully completing the exams and moving a notch or two up the pay scale it should be quite comfortable.
Sep 30th 2013, 9:11 pm
#381
Forum Regular
Joined: Sep 2013
Location: Plymouth
Posts: 58
Re: WA - June 2013 Intake - Progress & Results
Bagdog
Did you factor in the Oz equivalent of family benefit? Worth about $15000pa when I worked it out (3 children), effectively saving nearly all your tax and Medicare costs.
Did you factor in the Oz equivalent of family benefit? Worth about $15000pa when I worked it out (3 children), effectively saving nearly all your tax and Medicare costs.
Sep 30th 2013, 9:19 pm
#382
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Thread Starter
Joined: Jun 2013
Posts: 98
Re: WA - June 2013 Intake - Progress & Results
No I'm not sure what we'd be entitled for. We have one sprog who will be 2.
The mrs found the child care benefit where they can pay 50% of your nursery fees.
The mrs found the child care benefit where they can pay 50% of your nursery fees.
Sep 30th 2013, 9:22 pm
#383
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Joined: Sep 2013
Location: Plymouth
Posts: 58
Re: WA - June 2013 Intake - Progress & Results
Sep 30th 2013, 9:27 pm
#384
Living the dream in WA
Joined: Jan 2013
Posts: 315
Re: WA - June 2013 Intake - Progress & Results
I hope it's available to you, but did they not say at the info session that PR have to wait 2 years before they can claim child benefit/rent assistance? Might've mistaken though!
Oct 1st 2013, 1:25 am
#385
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Joined: Jun 2005
Location: Currambine
Posts: 810
Re: WA - June 2013 Intake - Progress & Results
There are certain benefits that you have wait 2 years for, I think unemployment benefits are one example. I am however, pretty sure can claim child benefit from the off, if only one of you are working
Oct 1st 2013, 1:29 am
#386
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Joined: Jun 2005
Location: Currambine
Posts: 810
Re: WA - June 2013 Intake - Progress & Results
I've been doing my research and have compiled a few figures. It may put you in better in a picture.
To explain, I have ran the wages we are going to get (I took the 5 year cop one for an average) with our shift penalties, through a tax and medicare deduction calculator. I have researched several sites and generated a table for average costs of living, I have estimated some costs but I'm sure this isn't too far from real costings.
Here goes....
All Costs Per Month
Council Rates - $140
Water Rates - $74
Water Usage - $35
House Insurance $30
Electricity $140
Gas $65
Mobile Phone (x2) $100
Broadband $50
TV $75
Food $500
Rent $2200 ($550 per week property, good level of house there are cheaper ones out there)
Total $3418
5yr cop wage (with shift penalties and deductions) = $4400 (per month)
Saving around $1000 per month.
If I have missed anything off then please let me know, I have based this on me, the wife and baby Bagdog.
I have based this on my wife not working straight away, she would potentially get a part time job paying $1000-$2000 increasing our monthly savings.
Ta
To explain, I have ran the wages we are going to get (I took the 5 year cop one for an average) with our shift penalties, through a tax and medicare deduction calculator. I have researched several sites and generated a table for average costs of living, I have estimated some costs but I'm sure this isn't too far from real costings.
Here goes....
All Costs Per Month
Council Rates - $140
Water Rates - $74
Water Usage - $35
House Insurance $30
Electricity $140
Gas $65
Mobile Phone (x2) $100
Broadband $50
TV $75
Food $500
Rent $2200 ($550 per week property, good level of house there are cheaper ones out there)
Total $3418
5yr cop wage (with shift penalties and deductions) = $4400 (per month)
Saving around $1000 per month.
If I have missed anything off then please let me know, I have based this on me, the wife and baby Bagdog.
I have based this on my wife not working straight away, she would potentially get a part time job paying $1000-$2000 increasing our monthly savings.
Ta
Oct 1st 2013, 6:18 am
#388
MODERATOR
Joined: Sep 2009
Location: Adelaide
Posts: 29,912
Re: WA - June 2013 Intake - Progress & Results
Oct 1st 2013, 6:39 am
#389
Living the dream in WA
Joined: Jan 2013
Posts: 315
Re: WA - June 2013 Intake - Progress & Results
You are right GB - you have to wait 2 years for unemployment, but family benefits are available immediately. Link to website - http://www.humanservices.gov.au/cust...r-visa-holders
Oct 1st 2013, 6:43 am
#390
MODERATOR
Joined: Sep 2009
Location: Adelaide
Posts: 29,912
Re: WA - June 2013 Intake - Progress & Results
Brilliant, everything helps, and when there's only one salary coming in, the child benefit/rent assistance will ease the pressure on the purse strings. I know people have said to wait to claim it until the end of the first tax year when you do your return, but it could be the difference between some enjoying the move and struggling.