Rob Blythe, a consumer analyst for Macquarie Bank, expects game prices in Australia to drop from $100 or $120 to $70 by next year.
"Australia has been slow to adapt to international pricing for games, yes, but I think in the second half of this year or at the very least by early 2012, we will start to see game prices in Australia coming down," Blythe told GameSpot.
"From my estimates, I predict they’ll drop from around A$120 to somewhere around A$70.”
While he doesn't think it will ever be as cheap as importing, when the Australian dollar drops the differences will be minimal.
"That said, Australian pricing will still be at a premium to offshore, due to things like distribution and shipping costs, but the gap won't be as significant. Economists are predicting that our currency will normalize and eventually come back down below parity with the US dollar, and when that happens, the attractiveness of buying video games overseas will be eliminated for Aussie consumers."