The Hungarian immigrant community in Australia is struggling with cultural survival. The diaspora has experienced a general decline in community participation as a result of the aging of the émigré population and the rapid assimilation of subsequent generations. Using data derived from the series of annual community‐organised conferences called Megmaradásunk Konferenciák, this article compares the different discourses articulated by community leaders in Australia seeking to preserve and strengthen the diaspora community. I examine how newly emerged narratives of ‘diaspora death’ and cultural survival are debated and how possibilities of strengthened connections with Hungary have impacted these discussions.