Realise your in Oz but same machines as
http://www.chesteruk.net/store/lux_round_column.htmNearly bought one after serious bargaining with head honcho £200 new but lack of space to put it together along with machines i was buying at time. Was £995 5 years ago.
All MT3 and drawbar, MT3 tang drills slap em straight in. Comes with a soft wedge/drift useless either make a decent one or tap the drawbar to remove- Much like the R8 spindles which there are a few about, wish i had one.
Old machines had the 1hp motor, newer from around 2004 had 1 1/2hp.
The only real critism is the spindle speed only goes up to around 1250rpm but down to a satisfying 80rpm.
The heads are heavy to carry!
The geared heads are ok and easy to change speeds quickly, make sure it has not got the plastic levers which break easily circa 2004. There are different variations on the spindle lock, some on the left side whilst others are on the front lower right, modded the lock up on mine as they stick when lever loosened.
Same head as on these
http://www.chesteruk.net/store/lux_mill.htmhttp://www.chesteruk.net/store/super_lux_mill.htm Got mine for £930 new was £1500.
They did a floor pedestal drill on a round column with Lux geared head, think they were £900 without cross slides, should be good for drilling as you can quickly change speeds. In all good machines for the money.
All made in same place in chinky land order a batch you can have your own name and colour scheme.