Yep.
An Australian Luthier, whose knowledge I admire. told me that unless you're buying a "Top End" Guitar (and I think he means around the   $AU 5-6,00) the chances are, it's made in China.

I recently bought a USA Cordoba guitar, all solid woods ($ 1700) with "designed in California USA" logo on the inside label, only to find another tiny label inside at the heel of the neck "Made in China".

I've got no problem with the quality of the workmanship or the woods used, it's top class. It's just a little bit sneaky the way they hide the "Made in" bits.

CHeers

Bugsy