Seems quite cheap, everywhere else is around $10-20 more expensive.
According to their website, some stores in Melbourne has stock of some of the colors.
Black:
http://www.officeworks.com.au/shop/officeworks/seagate-backu…
Blue:
http://www.officeworks.com.au/shop/officeworks/seagate-backu…
Red:
http://www.officeworks.com.au/shop/officeworks/seagate-backu…
Silver:
http://www.officeworks.com.au/shop/officeworks/seagate-backu…
Get in quick before somebody broden's them all.
Edit: According to the Interweb, they should contain 7200rpm drives.
Source? Can't seem to find that.