Beautiful fly. This is a species of Syrphid Fly. I think you are looking at something from Genus Eristalinus: Here are a couple from that genus in your area of the world: http://www.brisbaneinsects.com/brisbane_hoverflies/NativeDroneFly.htm
http://www.brisbaneinsects.com/brisbane_hoverflies/NativeDroneFly2.htm
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