Thanks for the replies, I really appreciate it.
@jigglypuff
Please allow me to explain a bit more of my background in regard to my residency status. I'm an international student who is currently waiting for my permanent residency. I have been waiting for 2 years and there's no progress on...
I'm a non resident and I have an apartment in Melbourne. I plan to rent it out but not sure, since I heard that non-resident rental income is taxed at a very high rate.
I quickly checked the ATO website the other day, non-residents income are taxed at $0.29 for every dollar received. That is...