Accounting down under: time to pack your bags? By Max Williamson

Is there anyone working in finance who doesn’t know at least one person who has spent some time in Australia? A secondment to Australia has almost become a rite of passage for many newly qualified UK accountants, most of whom are drawn towards the country on the basis of its excellent work/ life balance, and the almost universal positive feedback of others who have worked there.

Most UK accountants will be aware that salary levels are lower than they are in the UK, but are equally likely to be aware of the fact that the cost of living is also lower.

Continued...

» Register now

The full article is available to registered AccountingWEB members only. To read the rest of this article you’ll need to login or register.

Registration is FREE and allows you to view all content, ask questions, comment and much more.

Comments

Ozzie is not cheap

r.acraman | | Permalink

I have been to Ozzie a number of times, and been pretty much been all around - Sydney, Brisbane, Cairns, Perth, Adelaide, Alice Springs and Tasmania.

From experience the areas that are cheaper than UK are meat, utilities, fuel and house prices. Everything else is more expensive - especially non-meat foods (eg vegetables are 300-400% more than UK) and you do not get the variety that we have come to expect in the UK.

Overall, I would estimate one pays 30-40% more in Australia than in the UK on day-to-day living and with a weakening sterling compared to most other currencies this could grow.

Really!

Robert Clubb | | Permalink

As a fairly frequent visitor to the 'Colonies', perhaps you would be kind enough to specify which town, city or State has a much lower cost of living compared with the UK.

From my experience, on average, it's about the same as here.

I must be going to the wrong locations!