iPad 3rd Gen 16GB Wi-Fi $392 David Jones (Limited Stores - Hornsby Yes, Market St No)
This was posted 4 months 15 days ago, and might be an out-dated deal
Went into David Jones Hornsby to check out the $4.95 CDs http://www.ozbargain.com.au/node/90090 and spotted this. Unlike that post, these are not ex-demo but brand new in box.
I got the last 16gb wifi black, but there were white and some wifi+cellular models too (sorry, I didn't pay attention to the price on those).
I'm not sure which stores this is available in, as not all have 3rd gen stock left.