The first mirror I made was a 10 inch F7 and I made it out of Pyrex. I got the Pyrex from my Astro society for about $150. I don't know what the price for this glass is normally nor do I know the price of porthole glass but it definitely should be much cheaper. By all means try porthole glass specially if you can get it. I looked around for it but could only find it in the US. The availability of glass will be you biggest problem. You will also need powders and pitch and plaster and tiles etc. You might consider buying a kit that comes with everything. You should inquire in Geelong about an astronomical society (I think they have one). If there is an astronomical society near you then they will probably be able to guide you in the right direction. I would personally use Pyrex glass at my first attempt at mirror making. It will make your life easier specially if you've never made one before. Plate glass is an alternative, it is cheaper but 1 inch seems to be the thickest that you can get around here. Have a look here
http://www.newportglass.com/ they are pretty good but they are in the US. They provide kits as well. I have found them to be the most reasonably priced. Also look here
http://www.galileotelescope.com/ These guys deal in plate glass and they are in India. I have emailed the guy in charge a couple of times and he seems pretty keen on doing business. You can always try here
http://www.telescopes-astronomy.com....escopes034.htm They are in South Australia. Have a read of this website
http://www.bbastrodesigns.com/ and of this one
http://bobmay.astronomy.net/ I started making my own mirrors after reading Bob's website. You can also have a look at my unfinished site which is not quite to these guys standards but will give you an idea of what is involved. I'll finish it one day.
http://cmabar.googlepages.com/ Hope this helps and if you have any more questions feel free to ask.
Regards Cristian