Australia Comes Out Tops in Quality of Life Index

Recent trends have indicated that Australia is fastThe study reveals that 53% of Brits went through with
becoming an attractive relocation destination for Britishthe move as a life-style choice where 47% decided to
citizens. Australia has more specifically been rankedgo for employment purposes.
highly in terms of quality of life and lifestyle, furtherAustralia is also proving to present good property
emphasizing why this is fast becoming an attractiveinvestment opportunities, particularly in New South
replacement to UK life, given the economic climate.Wales. This is due to the fact that the state
The quality of life index, compiled by Natwest, placedgovernment have halved the stamp duty on homes to
Australia as number 3, after having taken factors suchbe newly built. The predicted saving is in the region of
as cost of living and health into consideration. HealthAUD11,245 (GBP5,500) on the cost of this type of
and cost of living are set to become the key reasonsproperty investment opportunity. This claim is further
motivating British nationals to relocate to Australia. 91%supported by a report released by the Data
of individuals who have already left the UK andResidential Land Report (HIA-RP), claiming that land
relocated to Australia say that their quality of life isprices across the country have decreased by 1.5% in
better. Natwest representative and head ofthe last quarter of 2008.
international banking, Dave Isley stated that UK expatsIt is reported that Sydney continues to be the most
feel that they are also benefiting financially from havingexpensive Australian city and Hobart the most cost
relocated to Australia.effective.