The new GB3 (Underground Lovers spinoff) album is awesome. Each track has a different vocalist. Steve Kilbey, Grant McLennan (his last ever recorded song), Adalita from Magic Dirt, Phillipa Nihill (from the Undies), Stephen Cummings, Sarah Blasko (my fave track on the album) and (don't laugh) Angie Hart.
Other recent puchases:
Yeah Yeah Yeahs - Show Your Bones (best thing I've heard in years)
Ride box set (Vapor Trail - yeehaw!)
Grant Lee Phillips - nineteeneighties (covers of some of my favourite 80s tracks)