I am thinking seriously about AGSM. My understanding is that Melbourne is a risky choice at the moment since it recently redesigned its MBA program. And MGSM isn't as well known as AGSM. But that might be a misunderstanding since I am not from the country. Please correct me if I am wrong.
If I were to apply to either AGSM or MGSM I could aim for the January 2016 starts... But for Melbourne I would have to wait until fall 2016, which is not ideal.