Not as cheap as previous deals, but it's still better than nothing if you're in the market for one.
If you don't want to pay for shipping, it's $169 at JB Hifi. You could see if they're willing to price match - I managed to get them to price match the recent Booktopia deal (without shipping) when that was sold out, but YMMV.
It looks like it's past the date where they'll guarantee it arrives before Christmas so bear that in mind if you want it as a gift.
One of the main benefits of the Kobo over Kindle is the native Overdrive integration, so if your public library supports it (e.g. if you are a member of any SA public library) you can borrow books straight to device with no need to deal with the atrocity that is Adobe Digital Editions.
does the library thing work in Victoria?