depends which program you do tho...
RMIT
accountancy (4 year ) requires you to do an internship but you have find/apply places yourself
Monash
Bachelor of Accounting (3 year) provide you with 2 work placements (6 months in total) and you dont need to find them, they find you =P. Plus you have the option to do another major in finance.
Bachelor of Commerce (3 year or if you decide to do an internship (+1 year) but you have find urself and apply for an intermission) you can major in accounting + something else of your own choice. but you have find your own work exp/vac work.
Monash is probably better since its G08 uni and alot of the top firms have monash/UoM students and the remainder being rmit/other unis.
However, RMIT has grown in reputation especially in accounting and if you successfully finish ur internship you have a good chance of getting employed.
Best degree in accounting in victoria would be bachelor of accounting monash because they give you 2 work experience placements and alot of them are type firms (big 4, mid tier, private sector)
Bachelor of Commerce at monash/uni of melb probably better than RMIT purely coz of reputation/prestige and people from UoM and monash can also apply for that 1 year internships if they wanted to, its just RMIT make it compulsory.
employment wise i wud have to say Monash is better than RMIT generally, however as an individual you still have a chance at getting employed by bigger firms as there have been exceptions from swimburne, rmit etc... just generally melbourne/monash are employed more at bigger firms.