This deal was marked as expired and my report about it being nationwide didn't go anywhere, so here's a new post. It's no longer on the Bunnings website, however the cached page still exists where it was listed at $49 previously.
According to Nrby.in there's plenty of stock available nationwide.
The Ryobi 500W Impact Drill is compact, lightweight, and robust in design. Perfect for the home handyman and versatile in application, this impact drill quickly switches from drilling to a hammer action and easily changes the direction of rotation using the forward and reverse switch. Its 500W motor provides more speed to get the job done faster and with more precision. The Ryobi 500W Impact Drill features a 13mm keyless chuck, 360° rotating auxiliary handle for additional comfort, safety, and control, a lock on button for prolonged periods of use and gripzone overmold technology for comfortable handling and a positive grip.
- 13mm keyless chuck for quick and easy bit changes
- 360° rotating auxiliary handle for additional comfort, safety, and control
- Easy switch from drilling to hammer action
- Forward and reverse switch changes the direction of rotation
- Lock on button for prolonged periods of use
Great deal :)
Confusing they describe it as an "impact" drill in the description, when its a "hammer" drill (as it is correctly described on the package)