Financial Guidance
- Budget Planning: Free Tool
- Banking Assistance: Included
- Job Search Support: Available
- Financial Advice: Expert Help
Financial Planning for International Students
Understanding the financial aspects of studying abroad is crucial for planning your international education journey. Get comprehensive insights into earning opportunities and living costs.
Earning Opportunities in Australia
Part-time Work for Students
International students in Australia can work up to 48 hours per fortnight during study periods and unlimited hours during semester breaks.
- Minimum Wage: AUD $23.23 per hour (as of 2024)
- Average Student Jobs: Retail, hospitality, tutoring, delivery services
- Campus Jobs: Research assistant, library assistant, student services
- Internships: Paid internships in relevant fields
Post-Study Work Rights
After graduation, international students may be eligible for post-study work visas:
- Graduate Work Stream: 18 months (diploma/trade qualifications)
- Post-Study Work Stream: 2-4 years (bachelor's and higher degrees)
- Regional Areas: Additional 1-2 years for regional study
Cost of Living in Australia
Accommodation Costs
- Shared Accommodation: AUD $150-300 per week
- Student Accommodation: AUD $200-500 per week
- Homestay: AUD $250-350 per week
- Studio Apartment: AUD $300-600 per week
Daily Living Expenses
- Groceries: AUD $80-150 per week
- Transport: AUD $30-60 per week
- Phone/Internet: AUD $20-50 per week
- Entertainment: AUD $50-100 per week
Financial Planning Tips
- Budget Planning: Create a detailed monthly budget before arrival
- Emergency Fund: Maintain 3-6 months of living expenses
- Student Discounts: Take advantage of student discounts and concessions
- Banking: Open an Australian bank account for better financial management
- Tax File Number: Apply for TFN to avoid higher tax rates