Wolfmother, up until this year was seriously indie. Then they got all indie-metal cred and it is now the -coolest- thing in AUstralia to listen to.
I would say Snowman is my favourite local band. I heard them at Battle of the Bands, and they have an equation for bloody good music. once you've seen them live, you'll never forget them. >That< good. .. And the bassist is rather hot. ::blush::