What is the cheapest way to drive around Australia?
If you can, travel with friends or link up with other travellers. Sharing the cost of petrol and vehicle hire makes a road trip much cheaper - especially when you can fit four people into a 4-berth campervan.
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If you really want to save money and travel cheaply, make some friends, rent a car or campervan, and drive around the country. This allows you to share the costs with others (and if you rent a campervan, gives you a place to sleep). It is much, much cheaper than any other travel option.
If you ONLY use the public transport and do not have a car it is a lot cheaper. If you do have a car the FIXED costs are high ( depreciation, insurance, registration) and the incremental costs are low. When you take public transport you are also paying for the fixed cost of that as well.
Whether it's hotels, ski lift passes, car hire or cruises, Australia has a reputation as an expensive destination. It's all down to Australia's high wages, travel operators will tell you.
While backpacking Australia doesn't have to be ridiculously expensive, having around $5000 is a really good safety net that will cover you for at least a month of accommodation and basic living expenses while you get your feet.