JB is selling it for $159 at the moment.
http://www.jbhifi.com.au/computers/storage/seagate/expansion-portable-1tb-usb-3-0-sku-82246/
Cheapest one on shopbot is $142 shipped.
Got this in an email from centrecom, seems like a pretty good deal
Hard Drive - http://www.centrecom.com.au/catalog/stac1000301-seagate-freeagent-goflex-desk-usb30-black-p-55525.html?sort=2a
Super-slim 1TB 2.5” Hitachi Portable USB 3.0 Hard Drive with 3-year Manufacturer’s Warranty - $129 for One, $249 for Two or $369 for Three (Up to $657 Value)
The Offer is limited to 50 Buyers Only - $10 Shipping for 1st item, $5 Shipping for additional item
Toshiba Portable Hard Drive USB 3.0 500GB @ $68.95
http://www.ebay.com.au/itm/230807615998
and also
Seagate 750GB Expansion Portable Hard Drive USB 3.0 $99
http://www.officeworks.com.au/retail/products/Technology/Data-Storage/Pocket-Hard-Drives/SGAX0750GB
Umart also has this for $119 online only. Not sure how much they charge for shipping. They also only have 12 months warranty as opposed to COTD's 3 year warranty.
Western Digital My Passport Studio 1 TB FireWire 800 External Hard Drive $180 Delivered. Not bad imo.
Here is info:
http://www.wdc.com/en/products/products.aspx?id=420
Note: Dual Firewire 800
$129 for a Seagate BlackArmor NAS 110 Storage Drive 1TB. $30 Cash-Back PLUS extra $20 if you reserve early.
Specs:
Product Code: XH9493
Driver: SATA II