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Depends on your standard of living actually. Most guys would live lavishly in a package of 40 lacs pa, but for some it might me less. I think the question should be what is the standard package offered to people with your qualifications, in which case you would need to mention that. Compare it with your current ctc and the cost of living in AUSTRALIA. If you are an Indian, you would know 10 lacs is also considered good package for some. So it is really difficult to answer.