After a bit of a research at other AU based game stores, dept stores and their respective websites, I found out that Harvey Norman's website is showing the cost of the console at "starting from $226" when you use their search engine, but if you actually click to open the actual page of the item, the price is showing as "starting from $189"
I called them up and got confirmation from them that this is indeed true and I bought a Cosmos black one from HN Werribee at $189. Not sure if the red one would cost more but they only had stock on the black or blue.
I think a few stores had them at this price over x'mas but past that period, stores were listing them back to around $220-$230 each so I think this is a good deal if you're looking for one.
i got mine for $176 at Harvey Norman in November last year. Just waiting for NDS 3D XL