Could either be the "Min Min lights" or Venus.
http://www.abc.net.au/science/news/stories/s818193.htm
Venus can look quite weird when bright and very low in the sky, under the right weather conditions. I once drove across the Hay Plains in the wee small hours of the morning and saw this amazing bright light haning over the eastern horizon. Nothing like Venus normally looks. I knew it had to be Venus, but it took half an hour of watching it (and the 'roos on the road), to convince myself it was Venus.
The Min Min lights are(AFAIK) only seen in Queensland. I wonder if they have anything to do with the XXXX beer?
DN