Western Digital My Book Elite Edition 1.5TB - $119 (+ delivery)
Next cheapest on StatIce is $147
http://www.staticice.com.au/cgi-bin/search.cgi?q=Western+Dig…
"Featuring Western Digital SmartWare software that backs up your data automatically and continuously, shows your backup as it happens, and retrieves lost files effortlessly. Create a personalised e-label to remind you what's on the drive and secure it with encryption and password protection."
As per Officemax.com.au this product:
Subtotal: $119.00 Delivery: $6.95
Grand Total: $125.95 Incl GST: $11.45