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Date Published : Monday, July 28, 2008
Australia's growing reputation as a new land of opportunity is creating a generation of "boomerang migrants" eager to return home for the good life, according to reports.
UK newspaper the Times states that the country is going through a "mass homecoming" as ex-pat Australians are coming back at a rate of 34,000 a year.
Steve Pavlovic, founder of noted Australian record label Modular Recordings, told the publication it is a combination of economic opportunity and standard of living that is bringing so many back.
"The credit crunch is not hitting us like the rest of the world … The economy is good, the wine is good, spirits are good and the sun is shining," he said.
It seems others have taken note of Australia's buoyant new mood, the paper said. According to the thinktank the Institute for Public Policy Research, Australia is already the most popular destination for British emigration, with 1.3 million people - the equivalent of two per cent of the country's population - swapping the UK for Aus.
In the year to April 2007, however, the Times says the pace of emigration accelerated with 31,000 additional Britons decamping Down Under - two-and-a-half times the amount that left for Australia ten years ago.
This influx of returning ex-pats and immigrants is bringing new and cosmopolitan ideas into Australia, the publication said, while the internet has opened up the arts and culture scene to a whole world of influences.
Steph Dewaele, one half of the Belgian band Soulwax, told the newspaper Australia's spirit of opportunity has made it one of his favourite places.
"There's a real sense of opportunity because there's no precedence. Out of that, really cool things happen," he said.
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