As the number of Australians moving abroad surged to record highs in recent years, Singapore has emerged as their fastest-rising destination.
A so-called stampede from Australia saw more than 88,000 departures last year, nearly double the number a decade earlier. About half of those who left were Australian-born.
At the same time, the number of people moving to Australia dropped 9 percent to 127,458 in the past year, raising the ratio of departures to arrivals to a record level.
One of the most striking trends has been departures for Singapore, which overtook Hong Kong to become the fourth-biggest destination for Australians last year. Singapore was previously fifth. Full story...
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A so-called stampede from Australia saw more than 88,000 departures last year, nearly double the number a decade earlier. About half of those who left were Australian-born.
At the same time, the number of people moving to Australia dropped 9 percent to 127,458 in the past year, raising the ratio of departures to arrivals to a record level.
One of the most striking trends has been departures for Singapore, which overtook Hong Kong to become the fourth-biggest destination for Australians last year. Singapore was previously fifth. Full story...
Don't miss:
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