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>It's a great shame that academia is terribly paid and an unstable career path in the West.

Is it better in the East? No loaded question, I genuinely want to know your answer

In my experience, much worse.

Weirdly enough, Australia pays researchers, including PhDs and post-docs really well.

Must be all that coal money

Postdocs are payed well, but PhDs get around 30k AUD per year, which is quite low.