Student Visa Subclass 500 is an Australian study visa that allows you to study in Australia for 5 years as a full-time student. You can also work as a part-time along with your study in Australia. You can gain experience related to the course or occupation you are pursuing your study as well. You can work for 20 hours weekly in Australia with student visa 500. Your parents can also live with you in Australia but for that parents need to apply for a student guardian visa 590.