$16 for a bus is expensive but given the distance between Melbourne Airport and the City sounds reasonable.Here in Adelaide you can get on a J1 OR J2 FOR LESS than $5 dollars but that is not a fair comparison.
Whats the cheapest way to get to the CBD?Lets say i just arrived with only $10 dollars in my pocket
You can actually spend less than $10 to travel between Melbourne airport to CBD. However, such journey will take you to some suburban areas and then, you have to take a train to the CBD. Here are some public buses that goes through Melbourne Airport http://www.metlinkmelbourne.com.au/stop/view/9556.
It will take considerable amount of time to get to your destination though.
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