The Big W deal for a $299 Xbox is a spectacular price but I believe has sold out in all/most stores across the country.
This deal seems to be the cheapest you can actually get your hands on at the moment, and because it's at the Microsoft online store, at least you know it'll be in stock.
$329 gets you a console, a controller, a copy of Halo 5, and one of four games (Rise of the Tomb Raider, Forza, 6, Gears of War UE, Rare Replay).
There are better overall packages out there if you want the games, such as:
$379 for a 1TB console, Halo 5, Quantum Break https://www.ozbargain.com.au/node/253081
$478 for a 1TB console and a stack of great games https://www.ozbargain.com.au/node/253065
But if you're on a budget then this deal is hopefully of value to someone.
UPDATE: Thanks to Wade for pointing out that in addition to those four games you also get your choice of one of the following:
Your choice of:
* Fallout 4
* Star Wars Battlefront
* Tom Clancy's The Divisoon
* Tom Clancy's Rainbow Six: Siege
* Plants vs. Zombies Garden Warfare 2
* Call Of Duty: Black Ops III
* Assassin's Creed Syndicate Gold Edition
* LEGO Marvel's Avenger
* Metal Gear Solid V: The Phantom Pain
* Far Cry 4 Complete Edition
* Destiny: The Taken King Legendary Edition
* Dishonored: Definitive Edition
* Mad Max
* LEGO Jurassic World
* Just Dance 2016
* Disney Infinity 3.0 Edition Starter Pack
* Skylanders SuperChargers Starter Pack
* Grand Theft Auto V
* Batman: Arkham Knight
* Rory Mcllroy PGA Tour
* NBA 2K16
* Madden NFL 16
* WWE 2K16
* Ubisoft Trials Fusion The Awesome Max Edition
Dirt cheap for what you're getting, and from an official source no less.
Surely this is a clearout sale readying for the Xbox One S?