Might be worth bearing in mind it's gonna take you a year to convert and there is no way of telling what the job market will be like then. It way well have picked up (and we all pray it does) but It could also get worse. None really knows.
If you could get yourself a full Aussie ATPL that would make the conversion cheaper and easier as you could miss out the ground school part. Stay where you are, study online and just pop over for the exams. That is the way a few of my friends have gone.
All the best
