My Fave band of all time is an aussie band called The Church...but I have quite diverse tastes...the foundation stone is based on the Beatles, then the Stones...all the grunge bands of the early 90's....they made it cool to wear whatever you pleased and opened up stagnating music again...Nirvana (saw em live fantastic), Pearl Jam (saw em live on Sunday night..again fantastic), Offspring (saw em live at DBO in '95), Metallica (again live at BDO), AC/DC (seeing them in Feb), Neil Young, Cure, Bowie, REM, Ramones, RADIOHEAD, Chisel, The Byrds, Hoodoo Gurus, Floyd, The Jam, Pistols (cos they awakened me to punk leading onto Clash, Buzzcocks, Wire etc), Nick Cave (for PM), Paul Kelly, MILES DAVIS, Powderfinger, Cat Empire, Jackson Jackson.
(basically anything except modern R'nB, Modern Hip Hop, Gangsta rap, Opera). Even like the odd classical music but cant handle American top 40 schlock.
Oh yeah cant forget Dylan..has the voice of a rusty buzzsaw...but his lyrics and timing etc are sublime.
There are a lot of upcoming Aussie bands to that I am liking ... BlueJuice, Tempertrap, Empire of the Sun, Sugar Army, Royal Treatment Plant, Children Collide, Grates, Little Birdy (some of these have been around for a while but I still term them the new gen)