![]() The comparison resource helps you compare local providers, making it easy to spot the cheapest income protection insurance deal from a list of available options. If you are not sure where to buy an income protection cover in Australia, an online comparison tool like iSelect can help. An income protection insurance steps in after an injury that renders you unable to work and pays up to 70% of your pretax income. The best way to ensure that you have a continuous flow of money to meet household bills, even after a temporary or permanent disability, would be to carry income protection insurance. Unfortunately, emergencies often strike without notice, leaving you unable to meet your financial obligations. Your ability to keep up with your homestead’s expenditure largely depends on your ability to earn a living. Rental prices can range from as low as $800 to $4000 monthly, meaning you have to choose where to live based on what you can afford or where your job takes you. ![]() Even in the same city, the prices can vary widely based on the suburb of residence. Rent will also be dependent on your geographical location. For example, if both parents in a household have a car, vehicle maintenance would rise significantly while the cost of public transportation would drop. ![]() The figures mentioned above represent the average cost of living for a family, which can vary widely from one family to another depending on various factors. However, if you choose to take them to a private school, you will have to part with anything between $200 to $3000 for primary school and $250 to $4000 for secondary school per month. You will need to pay between $0 to $150 for excursions, voluntary contributions, and uniforms for both primary and secondary education. If you choose a public school for your kids, the increase in expenditure may not be as significant. If you have school-going children, the expenditure can increase significantly depending on the type of schooling you want your children to attend. Other expenses include groceries at $950, insurance at $240, motor vehicle maintenance and registration expenses at $220, and petrol at $80, which amount to a monthly budget of $4,030. On average, a four-member family (two parents and two children) spends $1900 on rent, $350 on utilities (gas, water, and electricity), $70 on the internet, $90 on phones, and $120 on public transport (assuming one partner uses public transport five days in a week). Housing is the most money-intensive expenditure in Australia. The spending is dependent on the territory, with the northern territories and the capital city having the highest average expenditure. Standard men's haircut in expat area of the cityīasic dinner out for two in neighborhood pubĢ tickets to the theater (best available seats)ĭinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessertġ beer in neighbourhood pub (500ml or 1pt.)ġ min.According to the most recent government statistics, the average expenditure for an average household in Australia is $1425. Short visit to private doctor (15 minutes) ![]() Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, newĬold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands)ġ summer dress in a high street store (zara, h&m or similar retailers)ġ pair of sport shoes (nike, adidas, or equivalent brands) ) for 1 person in 45 m2 (480 sqft) studio Utilities 1 month (heating, electricity, gas. Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area Basic lunchtime menu (including a drink) in the business districtĬombo meal in fast food restaurant (big mac meal or similar)ĥ00 gr (1 lb.) of boneless chicken breastĠ.5 l (16 oz) domestic beer in the supermarket ![]()
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