We used Cellsense for our first DD in 2004. Their central office is in Melbourne and they have storage faciities in Sydney and Melbourne. They sent us a kit which we had to take to the hospital when I was in labour. They gave me a courier number to call for when it was collected and they came to JJMH and collected it, took it away to Sydney where it was processed or whatever. I got a letter a few weeks later telling me how much was collected and stored and something else (I forget). I think back then it cost around $2800 (we got $3000 Maternity Allowance so the government paid for it

)
When I was pregnant with DD2 in 2006 I did some more research about it and we decided not to go ahead this time, because of the technology and chances that it would/could be used. Also IF there is a need for cord blood it can come from the public registry (which we don't have in Canberra, sadly).
I think there are only 2 companies that do it www.cellsense.com.au and www.cryosite.com.au, pricing may have canged, but Cellsense wanted a large sum up front, Cryosite wanted only small payments each year - but for 18 years,so they came out at something like 4 times Cellsense.
mumma-g your cord blood is just disposed of with the cord and placenta. We don't have a public cord blood bank in ACT and even if we did you have to elect to store it.