For the first time ever, the Australian games industry has passed the magic $1 Billion AUD mark, for the previous financial year. This surpasses total box office takings in Australia, and is a mere $290,000 away from DVD sales Down Under. It is also good to see that the release of the PS3 & Wii have had a positive impact on the level of spending in the market down here.

With an Xbox 360 Core system price drop having been anounced for Australia, (dropping the price $100 to $399.00, the price of the Wii); the release of Halo 3, BioShock, Metroid Prime 3, Super Mario Galaxy, Unreal Tournament 3, Super Smash Bro's Brawl & other epic games (I'm pretty sure these games are coming out this year, sorry if I've got some wrong), this year the industry could very forseeably outdo DVD sales.

I think this calls for a celebration

:D