Premium Storage is now available in the Australia East region, as well as other regions previously announced.
Offering a service-level agreement (SLA) for 99.9 percent availability, Premium Storage is now available in the Australia East region, as well as other regions previously announced.
For more info: Pricing | Storage webpage
Azure Premium Storage is a solid-state drive (SSD)-based storage solution designed to support I/O intensive workloads. With Premium Storage, you can add up to 32 TB of persistent storage per virtual machine (VM), with more than 64,000 IOPS per VM and extremely low latencies for read operations.