From 29 February 2012, Argentine citizens aged 18-30 will be able to apply for a 462 Work and Holiday Visa (not to be confused with the 417 Working Holiday Visa which is also available for citizens of some countries. Although both allow the holder to stay in Australia for a year (and to have some work rights) there are a few extra requirements on the eligibility for a 462.
Also, from 15 February 2012, visitors from Argentina and Brazil will be able to apply electronically for their tourist visas - see the DIAC Media Release.
Diplomatic relations with Sth American countries are obviously going well!
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