Hello Jim,
I think most of Europe requires working rights/ residency + JAA licence or validation. If you can get these; go for it!
Other than that, Aussie is not an easy place to get a start. I kicked my career off in the Pacific and Papua New Guinea.
Good luck with it, What Report Ready said is quite true, your CPL can be a ticket to adventure.( More ways than one!)
Cheers
RC