Launched in Australia two years ago, the Nissan GT-R Nismo has been updated for the 2020MY, receiving, among others, a very hefty starting price.

At AU $299,000 (US $202,341), its predecessor was already very costly, yet the improved version will set you back a minimum of AU $378,000 (equal to US $255,802), before on-road costs and options.

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For the 2020MY GT-R Nismo, Nissan has improved the aerodynamics, adding front fenders inspired by the GT3 racer. The supercar also features carbon fiber on the bonnet, fenders and roof that help shave 10.5 kg (23 lbs) from the total weight. Another 100 grams (0.2 lbs) have been saved by adding the new 20-inch forged aluminum wheels, shod in grippy Dunlop tires. Completing the look are the blue titanium exhaust tips.

Inside, it features new Recaro sports seats, 8-inch touchscreen display, satellite navigation system with 3D mapping, reversing camera, Bluetooth phone and audio streaming and other gear.

Mechanical improvements include the re-tuned Bilstein shock absorbers and revised spring rates. The car also gets new Brembo brakes, with large calipers and carbon ceramic rotors, the biggest ever fitted to a Japanese high-performance model.

The same turbochargers used on the GT3 have been added to the 3.8-liter V8. The engine kicks out 441 kW (600 PS / 591 hp) at 6,800 rpm and 652 Nm (481 lb-ft) of torque between 3,600 and 5,600 rpm, and is paired to an updated six-speed, dual-clutch automatic transmission, with refined ‘R’ driving mode.

Nissan is already taking orders for the 2020 GT-R Nismo Down Under.