Etymotic HF2 Cobalt currently at $79.99 at Amazon (other colours are more expensive for some reason), the cheapest I've seem them all year. Add another $8-$9 for shipping to Australia.
Local prices @ $179:
http://headphones.com.au/psingle?productID=383
Reviews (HF5 is the no mic version, HF3 is the iphone control version, sound-wise they're identical):
http://www.pocket-lint.com/review/4917/etymotic-hf3-headphon…
http://www.noiseaddicts.com/2009/05/etymotic-hf5-earphones-r…
http://www.ilounge.com/index.php/reviews/entry/etymotic-rese…
http://www.head-fi.org/t/425457/etymotic-hf5-impression-revi…
In short:
Legendary Etymotic isolation, great neutral analytical sound, solid build quality - bargain @ under $90. However, if you're looking for boomy bass stay away.
Add other items and combine with the $10 off $100 electronics @ Amazon using a MasterCard:
dam, i just bought it for 120 bucks and it hought it was really good bargain.
Very good quality. the last etymotic i had last for 3 years