Benefits of having a PR visa:

1. You are free to live and travel anywhere within Australia 
2. You are eligible to pursue higher studies and can apply for certain educational loans 
3. You are eligible for Social Security benefits after two years as a PR visa holder
4. Your children born in Australia naturally become its citizens 
5. You can sponsor the PR of your relatives provided they meet certain pre-requisites 
6. You have the right to apply for government jobs
7. You have the right to travel to New Zealand and can even apply for a visa there