A 16GB iPod Touch shipped anywhere in Australia is au$549 including GST. That's au$499 without GST.
A 16GB iPod Touch shipped in the US is US$399 not including tax. Including tax in NY for instance, you'd be looking at US$430.92 or au$513. vs au$549.
Comparing ex-tax (au$499) to ex-tax (us$399), at current exchange rates the difference is US$19. That's hardly a huge markup for Australia. In the case of an iPod nano the price difference after conversion and tax is seven Australian dollars. Get over it. In fact some items (ie iPod Shuffle) are a few dollars cheaper.
You can hardly blame Apple for Government tax or the necessary price adjustment to handle exchange rate fluctations.
Thanks for that, we always forget our stupid GST!!
My Touch 16g on order, only cost me $515.40, (Company i work for is part of a group that has a corporate discount site with Apple YAY!!)
So worked out great for me, by your calculations i only paid $2.40 more than the US did! Plus free 2day shipping from China!
Cant Wait!!!