I am a teacher from the UK, but am currently working at an international school in Vietnam. I have a wife, 4 year old and a 3 month old and we are considering moving to Australia when my contract finishes here in July 2011.
As a teacher, my salary isn't that great and I was just wondering if tax credits are available in Australia, similar to the UK? I'm just wondering whether or not we could afford to live off a teaching salary in Adelaide (I only have 3 years experience, so still at the bottom end of the pay scale) off one income, or would it be better to wait until my youngest child is at school them my wife could also work?
I have no savings and am worried I wont be able to save enough for a deposit on a house, etc.