My 2c

1 - Spend good money on good riding gear, do not compromise on this.

2 - For your first bike (LAMS) Buy whatever you find comfy to ride and fist your budget. Every LAMS bike is slow as shit, cbr500s etc are no faster then a ninja 300. You will sell and get a bigger bike as soon as you can so don't fuss over which LAMS bike is better, people harp on about the differences too much. They are all shit. End of story.

3 - Don't be a hero. Imagine every car on the road is trying to kill you and you will learn to read traffic situations pretty quickly. Common sense will save your life.

4 - Do some track days. If your a complete noob BART is the course for you, if you have done that or are a bit more confident Trakdayz & Ridedays WA offer brilliant coaching courses to help you develop your skills at the track that could ultimately save your life on the road. I coach at both every now and then and can guarantee 1 days lesson at the track will teach you more about how to ride your bike then 10 years of road riding.

5 - Again, don't be a hero.