As someone who moved from the UK to Aus 20 years ago - it’s a great move for your son. It’s has a lot in common with the US but is better than most western countries in almost every way. Aus is a great place to live, incredibly safe and a great lifestyle. Cost of living is currently high and it’s difficult to afford housing, but that seems to be common amongst most western economies anyway.
Once your son is settled, I strongly suggest visiting so you can see for yourself. Also, he’ll be proud to show off his new country to you. None of my family has visited me in Aus, which is disappointing although it is a long trek admittedly.