My mission for this trip to Hong Kong is to find a Canon S50 digital camera for significantly less than AUD$1000. The cheapest I can find the S50 in Australia is about $1170 inc GST.
If I can find it for well under $1000, then I think it is worth forgoing the security of a local warranty. In fact, my goal is to beat HKD$4000 (current exchange rate is about AUD$1 = HKD$5). Naturally I will also require a memory card and other accessories, and if I can get it all for no more than AUD$1000 then I will be happy. It’s all been included in the budget for the holiday too !