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I did my licence about 6 weeks ago now, and I only paid for 1 year, which was about $40.
It works out cheaper if you pay for more years (maximum of 10years). If I remember rightly it was around $300 for 10 years.
(Correct me if I'm wrong)
Started Process - Dec 2007
TRA + Visa - Feb 2008
State Sponsorship Granted - Apr 2008
Visa lodged - Apr 2008
Case Officer allocated - 19th Feb 2009
Police Checks received - 16thMar 2009
Medicals - 26th Mar 2009
Visa's granted 15th May 2009:D
Arrived in Adelaide - 6th July 2012
Moved into house - 26th July 2012
Thanks all....I have Indian License for 2 wheelar and 4 wheelar combined.....thanks for the update...