Playstation Australia have confirmed what the rest of of the world already knew. The PS4 will be recieving an official price cut in Australia and will now retail for at the RRP of $479.95. This is an $80 price cut off the original RRP. You can expect retailers to drop this price even further in the upcoming holiday period.

Jim Ryan, SCEE president and CEO commented: “We are delighted to deliver the PS4 system at its best-ever value just in time for the holiday season, making it more accessible to a broader audience in Europe.” He went on to say, “With this year’s biggest blockbusters and next year’s best exclusives such as UNCHARTED 4: A Thief’s End set to thrill players, there has never been a better time to join the PS4 community. Also, watch out for an amazing range of Ultimate Player Edition Bundles including the 1TB PS4 and some of the biggest games of the year, offering even greater value.”