dsaron

I logged on just to comment, this one hits home and its incredibly accurate - at least in my current circumstance. Thanks for the bit of insight.

I think I've just discovered one of my new favourite blogs, speaking unbirdled truth.

You just stated that it was an exceptional circumstance and now we're saying that it's normal. You played your cards right and got out on top, that's great - congrats.

I can tell you however, that is not a normal run-of-the-mill pay-scale for a Uni graduate.

Yeah, by all accounts reading online indicates a 45% tax rate for a sole-trader[1].

I'll have to enquire with the few mates there -- don't see a reason as to why they'd bullshit me. Frankly I have nfi however, apologies for the cop-out of an answer.

1: https://www.highspeedtraining.co.uk/hub/sole-trader-tax/

Good to know, thanks on the correction. Didn't get the whole spiel from my mate but that makes sense.

I have a few friends in London, contracting whilst working a Single Person Business (lacking the proper terminology). Super high wages £500 - £700 per day, whilst having an effective tax rate or 13%. Boom.

> closer to $70k (AUD) for a grad seems to be the norm

Which by all accounts is a fantastic wage for someone fresh out of Uni -- nothing to sneeze at. Don't get discouraged keep at it, you'll get there.

> The larger tech companies in Melbourne and Sydney are giving $120k+ AUD total comp to grads.

That's some nonsense. Could you drop some names for 'Graduate X' which has that kind of pay scale?

With that being said, it's quite possible to earn 150k+ within 4-5 years in Melbourne. Just be smart about it, listen out for what technologies are trending because inevitably they will be the most numerous and with the highest chance to score a well paying role -- especially if you have your ahead of the influx of developers in X language.

By all accounts I'm not especially talented and I have done so.

PS. If you want $$ learn Salesforce, the money which comes along with knowing that system is freakin craziness.