Microsoft has confirmed that the Xbox 360 is to receive a price cut down under in Australia, which now means the Xbox 360 core system is now at the same price as the Wii. And there is some futher good news to be had for Australian gamers as new Premium units will be shipping with a HDMI port.

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Xbox regional director for Australia and New Zealand David McLean says reduced manufacturing costs was the key reason for dropping the Xbox 360's price. McLean says the price drop positions the 360's Pro system favourably against the A$1000 PlayStation 3 in Australia, while the A$399 price point for the Core allows the 360 to compete in the casual market the Wii has cornered.

McLean also confirmed that 360 Pro units with HDMI slots would soon be making their way to Australia, although he declined to give a specific timeframe. "We'll start to see the same thing in Australia. We're just reviewing our inventory position and when that will start to flow into the market. No specific details to give you on it, but what's happening in other regions in the world will certainly happen in Australia," he said.