what r d living expenses in australia & new zealand?? what cud b the an average salary of an MBA graduate in australia..I am currently doin engg in electronics & telecom.

It depends on the city. Look up the the website of each university. There usually some guidelines on living cost.

About salary, I found these news articles:
http://www.unsw.edu.au/news/pad/articles/2007/jan/agsm_FT_rankings.html
http://www.mbs.edu/go/the-mbs-experience/develop-your-career/employment-outcomes

Hello,
May I quote Noya here who gave us a very useful link in one of her posts:
http://www.citymayors.com
There you'll find a lot of statistic info about big cities around the world, so in Australia only Melbourne, Sydney, and Auckland are mentioned.

For expenses go to:
http://www.citymayors.com/economics/expensive_cities2.html
For personal earnings:
http://www.citymayors.com/economics/richest_cities.html
(only Sydney and Auckland)