According to new research , this could boost the Australian property market as expats may return to Australia . The market has been flooded with people moving back and renting apartments , and this could translate into them choosing to purchase property . Following the result, the British pound exchange rate with the Australian dollar plummeted by 10 per cent. After the Brexit , the bad unemployment rate could also deter people from deciding to travel , live and work in the UK .
According to new research , this could boost the Australian property market as expats may return to Australia . The market has been flooded with people moving back and renting apartments , and this could translate into them choosing to purchase property . After the Brexit , the bad unemployment rate could also deter people from deciding to travel , live and work in the UK .