Looks pretty decent. The $150 price is the lowest on history on PriceHipster.
About this bag:
Monsac Executive Leather range is made from 100% Genuine Leather, and is carefully handcrafted by highly skilled artisans in India. The leather is picked from the top selection of hides and is tanned very carefully to keep the top grain natural, soft whilst maintaining it's natural texture and characteristics of leather. This ensures the leather will age beautifully and soften with use over time. The Monsac Luggage and Executive Leather range is Exclusive to Myer.
Features:
Flap over messenger bag with front slip pocket
Two hidden magnets for closing
Main compartment fully padded for computer and has a organiser (diary, card, phone, pen)
Back has a full zip across pocket
1.5 inch shoulder strap with leather trim.
Dimensions: H 27.5cm x W 37cm x D 9cm
Weight: 2.33 kg
"Genuine Leather" again…