A$U$ reducing prices? 25% might get them on par with some of the most expensive options offered by their competitors. A$U$ has been the most egregious in taking advantage of the covid and supply chain issues.
The price drops are also making me wonder just how good next-generation cards are. Intel appears to be bringing a serious competitor with its Arc products. Nvidia's 4060 is supposed to land between the 3090 and 3080. AMD is boasting about its upcoming GPUs too. Reduced mining demand, higher energy costs, return of travel/dining/concerts, and no stimulus means we could actually see GPU prices come back down to sane levels later this year. Just have to keep waiting. Anyone who buys a 3080 Ti for $1500 right now is going to feel terrible about it in September.