This offer gets you a set of Sennheiser PXC 550 wireless noise cancelling-headphones for $208, and a 12 month digital subscription to The Australian newspaper for the current lowest advertised price of $312, for a combined $10 per week (billed $40 every 4 weeks).
These headphones (which are generally quite favourably regarded) have historically not fallen below $299 when on sale. A cursory search shows they currently range from $379 to the RRP of $499.95.
A great deal for those wanting unlimited digital access to News Corp's flagship newspaper, and a significantly discounted pair of premium wireless noise-cancelling headphones for a small weekly amount.
Home delivery of The Weekend Australian is available for an additional $49.
NewsCorp don't deserve any (more) money.