news from this country is not very influential, China is still a legit news to make bitcoin bubble. during the Chinese New Year to finished bitcoin doesn't being a bubble
Maybe Australia isn't that influental but China is not the only important county for Bitcoin also and the influence of China is exaggerated.
I think it's not impossibe that some other countries also follow the example of Australia, this could be something that could encourage them to make some similar moves. Anyway, it's a good news.
With most of the crypto currency miners living in China, I really dont think that their influence is exaggerated but I know that its hood that they are out of the picture. Because the Chinese government indecisiveness was really a problem.