Up at the mine (Gold) I use both.
Cost seems cheaper for propane ... But it takes A LOT longer to start a cut.. BTU's are fine, but Highest possible heat counts too...
Propane is cheaper, and performs like a Chinese knockoff of Actylene.. For cutting thin things (auto bodies) it works..
The special torch tips help a lot.
For serious steel cutting, say over ~ 6 inches we use Oxy Actylene. It gets the job done. Why waste time...
For us the highest costs are the O2 bottles.. The Actylene is only a small part of the cost.. When cutting, we can usually run 2 ea O2 cylinders for 1 Actylene cylinder. On propane it seems like more 1 to 1.. This makes sense, due to gas flow/BTU/highest heat.. Gas prices vary locally of course..
We do have a couple Actylene generators laying around.. Calcium Carbide is fairly cheap.. As is water.. Australia might have a problem though..
It is pretty easy to set Actylene regulator to under 15psi.. Kind of like not running 220 to a 110 device...
Damn Canadians can't even mark their cylinders right though
You would think it would be easy to standardize colors on a single continent..
We get cylinders from where next supply run is headed..