Nintendo of Australia is next to announce an official price-drop for the Nintendo GameCube. Today the company told Cube-Europe that it is lowering the price from 199 Euro/135 GBP(AUS$329.95) down to 119 Euro/80 GBP (AUS$199.95), effective this Friday, the 26th of September.

We think it is only a matter of time now until Nintendo of Europe announces a price-drop.

We will bring you more as it breaks!

UPDATE 25/09/2003: The official press release.

This morning we brought you the news first-hand. Later today Nintendo of Australia also released a press release confirming the news. Read on...

Melbourne, Australia, September 25th 2003 - Nintendo Australia delivers consumers a reason to update their gaming. Effective September 26th 2003, consumers have the opportunity to purchase Nintendo GameCube�, the only dedicated games console in the market, for a new price of $199*.

Only on the Nintendo GameCube can you play games that deliver innovation, heritage and characters that are icons in the gaming industry. And only with Nintendo can you experience connectivity between home console and portable gaming with the Nintendo GameCube, Game Boy Advance�, Game Boy� Player and e-Reader� brands.

With a strong line-up of first and third party software this new price will deliver consumers the best gaming experience that money can buy.