This morning Microsoft released their plans to make Office 365 and Dynamics CRM available from Australian datacentres. This follows the same pattern as in Japan recently – where an Azure datacentre was lit up and not long afterwards a similar announcement was made.
You can read the press release here: http://www.microsoft.com/en-au/news/locallyhostedO365andCRM.aspx
Having Office 365 hosted locally is an exciting step as there are still many businesses, organisations and government agencies not ready to move to the platform due to data sovereignty or latency reasons. With the news that Office 365 will be hosted onshore by the end of March 2015 the lists of reasons gets even smaller.