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I'm currently playing on UPoker (a PPPoker clone.) As a matter of interest, could agents for these sites potentially be prosecuted for promoting online poker in Australia?
Yes, that is a possibility. It would not be recommended to host a PPP club while physically in Australia or holding Australian assets or ever intending to visit Australia under the law - if it's all offshore it's as unenforceable as Ignition etc.
As a player you're not breaking any laws but the operators are (see the Luke Brabin/Poker Asia Pacific case - just because it's a private club if it's rake/real money it's still operating an online poker site in Australia)
Hopefully that stupid law disappears soon and sites can get licensed in Australia. We will know more soon, I don't know any more than the last time I posted and we won't know more until Joey has met with the minister to determine whether the government is going to pass this regardless or whether we need to lobby them in some way shape or form if the major parties that have a vested interest in this legislation want us to.