Best news I've heard for ages!
As a pretty heavy gamer, I've long since given up buying games from Australian stores. It's always cheaper for me to buy from England, even before the AUD skyrocketed. As an added bonus, it's delivered to my door.
$89 on steam? or $47 delivered to my house.
I even scoured the bargain bins once upon a time for the game NOX. I found it for $20 in Harvey Norman at that time, or 3 pounds for the and 4 pounds delivery. At that time the exchange rate was 1:3 so it actually cost me $21.77 to get NOX delivered to my house from England but I did it anyway.
The only downside is that Skyrim arrived on the 20th of November when the release date was 11/11