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Salary vs. Living expenses

5544 Views 14 Replies 5 Participants Last post by  tctassey
Hi All,

I just got a job offer in Sydney. I am migrating with my wife and 3 kids. The offer is 90,000 p.a. exclusive of Super. Can anyone tell me whats my take home pay? Also, how much Tax Return i can get back?

Lastly, does this figure "enough" for living with 3 kids in Sydney? I know this question depends on what sort of living we want, but just wanted to get a feel of what you guys think - and i'll take what the majority of people say :)
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Hi All,

I just got a job offer in Sydney. I am migrating with my wife and 3 kids. The offer is 90,000 p.a. exclusive of Super. Can anyone tell me whats my take home pay? Also, how much Tax Return i can get back?

Lastly, does this figure "enough" for living with 3 kids in Sydney? I know this question depends on what sort of living we want, but just wanted to get a feel of what you guys think - and i'll take what the majority of people say :)
Congratulations on your job!
Depending on what type of visa you are here on, there are a couple of costs you need to be aware of (we're on a 457)
1) schooling costs in NSW. you may be required to pay for your kids to attend public schools. Per kid in NSW: $4500 per year up through year 10, then $5500 per year for years 11 and 12.
2) You might need private health insurance
3) Temporary residents aren't eligable for any spouse/children tax deductions.
4) Temporary residents may qualify for a medicare levy exemption which equates to a refund at tax time of any levy paid.

Again, all this may depend on what type of visa you'll be here on. Sydney is a beautiful city - but expensive.
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