I've eaten at Outback Steakhouse a few times and at least once had a great steak but as I recall they overdid it with garlic on the salad. Otherwise, just OK.

But, I agree it's not a price performer.

And as John has said, a restaurant in Sydney (OUTBACK STEAKHOUSE Lot 4, 1190 Old Windsor Road, Parklea, Sydney 2768 NSW) notwithstanding, [link|http://www.outback.com/companyinfo/|only the name] is Australian.
... generous portions at moderate prices and a casual atmosphere suggestive of the Australian Outback.
Also part of the same company:
Carrabba's ... fresh, handmade Italian dishes ...
o o o
Fleming's Prime Steakhouse and Wine Bar
o o o
Roy's is an upscale casual restaurant featuring Hawaiian Fusion Cuisine.
etc. In other words, [link|http://finance.yahoo.com/q/pr?s=OSI|theme restaurants].