@sillymonkey
I'm a Singapore citizen. To your point where a Malaysian license is preferred in our region, I agree but correct me if I'm wrong.
Chances of me, a self-sponsored wannabe, chances are I'll be flying for a Malaysian based airline right? Most likely Airasia. A conversion course would be required if you take your license in Australia and decide to work for AirAsia? (I hope someone can clarify this for me) And besides the expenses in Australia would be more costly compared to Malaysia. Just my 2 cents on my decision to take it in Malaysia.