For Aussie moodlers from an email I received recently:
PayPal Australia members! Now you can use PayPal in your local currency without hassles. With Australian Dollars added to the list of supported currencies, it's even easier for you to make and accept payments domestically without worrying about currency conversion or foreign exchange fees.
Look for more enhancements to the PayPal service in Australia coming soon!
I have modified the Paypal module. How do I submit it for approval and addition to the project?