my profile is similar to u..i am waiting for grant and your waiting for invite 
1. Is there a way to search for, apply and contact jobs/recruiters while in india, for a prospective job in Australia.
with my knowledge, chances are very thing to get a job from India. Few are lucky to get internal transfer to their AU office after receiving PR
2. What are the channels (eg. linkedin) which are to be practically leveraged upon in order to apply for job and contact recruiters.
Linkedin, networking through contacts, seek.com, and other web portals
3. I have heard that getting the first break is a Herculean task, any practical tips to over come /face this challenge.
Be prepared for technology jobs. In management you will not find many, try to get ur hands dirty learning any new technology in demand
4. I was told that around a month prior to Australia entry I need to have an Australian SIM and provide that local numbers to recruiters , such as to advance in job hunt. Can you please let know which SIM/cost/brand I need to procure to conduct this activity.
You can take mobile sim and bank account in 1-2 days of your arrival in AUS.
5. In job interviews, will they ask what my compensation expectations are or will they offer a figure (risky in the sense that they would offer a much lesser amount since I am in need)
Dont think too much
getting first job is key. Lot of people offer to server for free
..be open for anything on ur first job..
all the best
1. Is there a way to search for, apply and contact jobs/recruiters while in india, for a prospective job in Australia.
with my knowledge, chances are very thing to get a job from India. Few are lucky to get internal transfer to their AU office after receiving PR
2. What are the channels (eg. linkedin) which are to be practically leveraged upon in order to apply for job and contact recruiters.
Linkedin, networking through contacts, seek.com, and other web portals
3. I have heard that getting the first break is a Herculean task, any practical tips to over come /face this challenge.
Be prepared for technology jobs. In management you will not find many, try to get ur hands dirty learning any new technology in demand
4. I was told that around a month prior to Australia entry I need to have an Australian SIM and provide that local numbers to recruiters , such as to advance in job hunt. Can you please let know which SIM/cost/brand I need to procure to conduct this activity.
You can take mobile sim and bank account in 1-2 days of your arrival in AUS.
5. In job interviews, will they ask what my compensation expectations are or will they offer a figure (risky in the sense that they would offer a much lesser amount since I am in need)
Dont think too much
all the best