Not the lowest price (by about $20) and they have been running this one on and off since December. This is also pricematched with JB Hi-Fi for those of you who would prefer that.
It's pretty clear they're liquidating stock in preparation for the global launch of the Air 4's on the 25th of Jan. Whether they drop the price further in a few days or merely sell out of old stock, who's to say? The differences between these two models are pretty marginal in any case, with the major ones being HDR support and B&O speakers. Some people report these as noticable improvements, while others say it's not worth the extra $60+ for the new model (based on the chinese model's price on Ali express etc). Not sure of the launch price of the Air 4's in Aus, so factor that into your purchase.



CamelCamelCamel

I've become mighty skeptical of the "RRP"s on Amazon - the trick is to find the deals where they have "WAS". E.g. "WAS: $699".