Ultrafire UK68 Cree Q5 "300 Lumens" Torch US $1.79 (~AU $2.29) Delivered @ Zapals
Same torch as this deal I believe for US $0.11 more, if you missed it or wanted another one.
Pay via USD (select the currency top left corner on the desktop site). As Zapals AUD rate isn't as good.
3 Brightness Levels: Low-high-strobe.
IPX-4 Waterproof Standard
Cree Q5 LED Chip
Runtime High Mode 1 hr, Mid Mode 1.5 hrs, Low Mode 2.5 hrs, Strobe Mode 1.2 hrs
General consensus from past deals: Expect a good torch for $2.30 and quite bright, but keep in mind that the lumens on these torches are overstated.