No, not the same price. Normally Apple is pretty good when pricing in Australia (compared to companies like Adobe which really screw us). For example:
iPad with Retina, 16 GB wi-fi:
US store: $499
Australian store: $539
That's the kind of markup I can live with. (Edit: The Australian price is actually less when you subtract the 10% GST, making the prices match very closely with actual currency rates.)
But iPhone 5, 16 GB:
US store: $649
Australian store: $799
That's a big penalty for living down under even though our dollar is on top!
yep, price of isolation as well. That is why our internet is so expensive. We only have three or so underwater pipes coming to Australia vs about 50 to asia etc.