I did my undergrads in Monash and I can assure you what bb said is really true.
It is not impossible to get jobs in Australia as a non PR/citizen, but the odds getting jobs with good career prospects is another different matter. Out of 20 non PR graduates that I know, who some of them did Masters as well (2014 Batch), 18 has returned to their own respective due to either being unable to secure jobs/the jobs that they obtained have almost 0 career progressions. The other two gets a career in Crown as an accountant, but they obtained this job without any involvement of Monash, and apparently they obtained it through social connections.
Another important thing that you might want to look at is the quality of the students in Australian university in general. With the amount of tuition fees that these Australian unis charged (apparently rivals those of top US B schools) coupled with how difficult it is to obtain jobs as non PR/citizen makes you wonder what kind of international student wants to go there since the ROI will not be good if these students return to their home country or SG for work (SG entry level job salary is much lower than Aussie's entry level job salary). Apparently a lot of these people (Asian in general) are either misinformed about the situations there or are rich kids that who do not have to care about securing a job after graduation. You should notice that education sector is the third on Australia's exports, and I have seen enough to conclude that the quality majority of international students in Australia is sub-par in terms of motivation and communication skills (their English is a big issue here).
I heard UNSW is the most reputable university in Aussie that has the least of the issues I have mentioned, but of course I have no credibility as I have never attended the university myself.
Regarding how employers perceive MBA there, what bb said is completely true as they generally value WE more, and what makes things worse is a degree from Australia is not very well received by MNCs in general ,even in Asia. Companies tend to prefer the likes of NUS, HKUST and NTU as these companies are well aware of the quality of the students and how easy to enter Australian unis (even UoM).
My suggestion is not to go Aussie at all for MBA if your goal is to secure a decent job post-MBA, their universities are too commercialized at the moment.
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