Telstra running EOFYS, up to 50% off.
Some other devices are on sale, such as the Pixel Watch 3, but best price you'll find for the Galaxy Watch Ultra in Australian stock, all colours available, free delivery, no coupon code required.
I'm sure OW will price beat.
FWIW, I already have the watch (in dark grey), and tried all the Samsung bands, if anyone has questions about the watch/bands, feel free to ask.
Also noting, historically, these watches have been announced around early July, so the Watch 8 is expected soon and leaks have shown it's been submitted for Bluetooth/LTE certifications in some countries already.