Pixel 8 Pro price increase is ridiculous in Australia

Pixel 7 Pro launched at $1300 last year, was hoping for a similar price point because with all the JB Hi-Fi pre-order stuff they usually offer ($350 trade-In Price for my Pixel 7, additional $300 trade-in incentive thing they do for new phones and a $350 JB Hi-Fi gift card) it would have effectively cost about $300 for the phone, but the price has risen all the way up to $1700 and now it's gonna be about $700 for the phone which is still crazy after factoring in all of that. Really disappointed.