According to the Sunday People, Newcastle United, Aston Villa and Leicester City are all interested but have been put off by his wage demands. Austin himself has responded via a cryptic 'Mr Greedy' tweet on social media.
The Daily Mail's latest report, meanwhile, is consistent with those lines, suggesting Newcastle are delaying a move for the QPR striker due to medical worries over his shoulder - and also price. But, regardless of how much Austin would cost, is there a big factor pushing the Magpies towards making sure they land the forward this summer?
Big-money signing Aleksandar Mitrovic has already set Newcastle back £13 million, according to the BBC, perhaps suggesting the St James' Park outfit don't necessarily need to splash out on another striker.
Mitrovic, however, is just 20 - and that's a very young age indeed to hold such big responsibility at Newcastle. As such, could QPR's Austin offer the perfect striker partner to share the goalscoring burden with the young Serb?
Should Steve McClaren ever want to go two up top, the pair would offer the Magpies serious aerial ability. A more likely scenario, though, is a rotation between the two.
Big things will be expected of Mitrovic and to sign both the 20-year-old and Austin would certainly set Newcastle back a heavy sum. But could relying on such a young striker to produce the goods alone in his first season in England actually be a counterproductive risk? And would signing Austin from QPR to help him more than cover the potential costs of any transfer fee...?