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.
I agree even Australia may not have a big role in the crypto currency market at least we have a good news. Also Australia is a big country and a 1st world country this maybe the first step for people in Australia to be more invested in the crypto currency market.