G'day Mike,
If you are feeling a bit more advetureous and want to ski Falls Creek is way better than Buffalo and more likely to have better snow as well.
I think that the cheapest way to do it for a family will be to book yourself on a day trip from one of the operators at Albury/Wodonga. For something like $120-$150 per person you will get entry to the mountain, ski hire, your lift ticket as well as a begginers lesson. If you go on your own, a ski lift ticket is worth around $85 on it's own.
You will then need to hire pants, jackets etc (around $15 to $20 each) and you can buy el cheapo gloves for as little as $15.
Makes for a long day but the best way to experience Victorian skiing.
Enjoy!
John.
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