We have seen the success of retailers and restaurants in the US using Foursquare as a marketing tool, but in Australia we have not seen all that much action yet.
However, I noticed Wagamama in Sydney CBD has been one of the earlier businesses in Australia to use Foursquare as a marketing tool.
The have many specials on such as a free soup for every 5th check-in.
Last night i noticed for a sustained period of time (2 hours +) there were 10+ people checked into the venue.
I am yet to come across any other Australian businesses using Foursquare with such results.
Below is a screen shot of Wagamama last night attracting a raft of Foursquare users.
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My name is David Cowling and I am the Founder and Chief Editor of Social Media News AUS. I am based in Surry Hills, Sydney - and enjoy commenting on the Social Media landscape in Australia and also major developments worldwide. Feel free to get in 
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Last night Wagamama held a national tweet up, and encouraged people to check in on Foursquare, which probably explains the number of people there!
Grant
Well i missed that part didn’t I…
Thanks Grant!
Wagamama in Brisbane CBD whenever I’ve been there has at least 10+ people on foursquare — they have the same special.