Australian electro-pop outfit Cut Copy is itching to get back into the studio to record tracks for a new album.

The Melbourne-based band's exhaustive stretch of international dates over the past year in support of their critically-acclaimed sophomore album "In Ghost Colours" (Modular) is due to culminate later this month. But rather than kick back and enjoy a well-earned break, the band members are keen to regain the momentum which has seen Cut Copy top the albums chart in their home market and build fanbases on both sides of the Atlantic.

"We've made sketches on a new album and we will sit down and make a cohesive start on the next one in April," guitarist Tim Hoey tells Billboard.biz. "It's really achievable that we can have it all finished by the end of the year. We've got a lot of ideas and we're really excited to get working on them."

The creative juices, it would seem, haven't been stifled while notching up hundreds of hours on the tour bus. This month alone, the act has no less than 22 dates booked in the U.S. and Mexico, the last lined-up on March 28 at the Ultra Music Festival in Miami's Bicentennial Park.

"It doesn't feel like we're tired from touring and want time off, or that we don't know what we want to do next," Hoey adds. "We use touring as a way to gather as much inspiration and absorb a lot of music that is happening in the countries that we visit.

"We're always constantly buying records, and hunting down obscure record stores. And we are always buying a lot of gear and shipping it back, which my girlfriend hates. We're constantly gathering ideas and information from wherever we visit."

The Melbourne-based band's first album "Bright Like Neon Love" was well received, but failed to break into the top 50 on its Australian release back in 2004. The follow-up, "In Ghost Colours," exceeded all expectations when it opened at No. 1 on the Australian Recording Industry Association chart on its release in March 2008. The new set peaked at No. 167 on The Billboard 200 in early May.

"In Ghost Colours" is shortlisted for the Australian Music Prize, the winner of which will be announced March 20 in Sydney.