Besides the name, what does this coin have to do with Australia? Unlike some of the other "country-coins" this doesn't seem to offer anything to the citizens of the country (Australians).

No innovation with the coin itself either, using regular old scrypt. Considering the power costs in Aus you'd think you would use a more energy efficient algorithm and introduce somthing like PoS. Otherwise this just another pump and dump coin (assuming you'll get any pump at all).