I saw this instore at JB HIFI Malaga WA yesterday and the website matches. I know its not the absolute cheapest i have seen it for $249 at Dick Smith once before but it usually sells for much more than this. To be able to walk into a shop and buy it for this price is still pretty good. I use a G25 and it is great.
Edit: I just saw it at Logitech Shop on special for $245 delivered. some people may still find this useful as they can walk in to a site and not wait 5 to 10 days for postage.
$245 delivered at the moment http://www.logitechshop.com.au/logitech-g27-racing-wheel-pc-…