Apple today announced that movies from major film studios including 20th Century Fox, The Walt Disney Studios, Paramount Pictures, Warner Bros. Entertainment, MGM, Sony Pictures Television International and Lionsgate are now available on the iTunes Store in Australia and in New Zealand.

Australian iTunes Store
“Movie fans in Australia and New Zealand can choose from a great selection of over 700 films for purchase and rent on the iTunes Store,” said Eddy Cue, Apple’s vice president of Internet Services. “iTunes provides an incredibly easy and fun way for people to discover and enjoy movies, and has quickly become the world’s most popular online movie store with customers renting and purchasing over 50,000 movies everyday.”

iTunes movies in Australia start at A$9.99 for catalog title purchases, A$17.99 for recent releases and A$24.99 for new releases. iTunes Movie Rentals are A$3.99 for library title rentals and A$5.99 for new releases, and high definition versions are priced at just one dollar more. iTunes movies in New Zealand start at NZ$9.99 for catalog title purchases, NZ$17.99 for recent releases and NZ$24.99 for new releases. iTunes Movie Rentals are NZ$4.99 for library title rentals and NZ$6.99 for new releases, and high definition versions are priced at just one dollar more.

Like in Canada and the UK, Australia and New Zealand movie rentals have a 48-hour period to watch the movie before it expires.