Oh I see, scholarships might be a bit different then. But there's still no right answer - it depends on your competition. There's the government Masters loans as well if you wanted to go down that route.
I was looking for experience (but again this isn't essential), enthusiasm with evidence (ie examples of previous work in the area, even if just undergraduate units or dissertations, not just sounding enthusiastic), reasons for wanting to a do a PhD in this area and then how they would fit into the research group. Also my interpretations of what they wanted from a PhD and whether this PhD would meet their expectations.