Blizzard have released two new FAQs that cover the specifics of Diablo III's Real-Money Auction House, and of how players will be sorted geographically. As Australians our "Home Region" will be "The Americas", but we'll be able to play anywhere anytime if we want to - the only difference is that the RMAH will only work in our Home Region.
The RMAH's pricing model has been clarified as well: Blizzard takes a flat $1 AUD fee on all equipment transactions, and a 15% fee on all 'commodity' transactions (defined as "gems, gold, and other 'stackable' items"). You can choose to receive your funds as Battle.net balance, or take them out via PayPal for another 15% fee on top of Blizzard's.
Read more about the region sorting here, or about the auction house here.
Source: Press Release
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