Dick Smith is not agressively adertising these iPhones probably because stocks are very limited and only available in selected stores. Nevertheless this is a $11 saving from the iStore and could be a great way to use up those gift cards recently purchased:
http://www.ozbargain.com.au/node/86444
http://www.ozbargain.com.au/node/86702
So you could potentially get this iPhone for $718 (10% saving of RRP).
Only 16GB black & white available (click and collect only).
Kogan has it for $759 + shipping (which should be $19 in most cases) for a total of $778. Still a really good price considering it's a big chain like DS that tends to overcharge.
I wonder if they'll pricematch it so you don't have to wait for shipping :P