Australian Servers and FAQ for World of Warcraft is an announcement from Blizzard that they are finally launching servers in Australia for the MMORPG, allowing players down under to enjoy local server which are actually local, offering reduced latency for players in Australia and New Zealand playing on Oceanic realms (thanks Ryan). Here's what to expect:

We are pleased to announce that the upcoming deployment of Australian World of Warcraft game servers ahead of the games next expansion, Warlords of Draenor. This new infrastructure will support Australia and New Zealand and should provide a significant smoother gameplay experience for player in the region.

Players currently on an Oceanic realm—Barthilas, Frostmourne, Thaurissan, Saurfang, Caelestrasz, Jubei'Thos, Khaz'goroth, Aman'Thul, Nagrand, Dath'Remar, Dreadmaul, and Gundrak—should automatically experience improved latency once the new game servers go live. To help those currently adventuring on North American realms, such as Blackrock and Proudmoore, optional free character and guild master realm transfers will be offered for a limited time.