Looks like a one of those tuning fork/electronic movements.
Back in the 50's,60's,70's a number of Australian watchmaking factories existed around the country. Basically they imported OEM Swiss movements and cases, assembling and dialing them here.
I would say this is probably the same company, and it looks like they are still doing exactly that. They might have a bit more info on your watch.
http://www.olympicwatches.com.au/I have a Lauris in my collection from the 50's which is an Australian built swiss movement and case. Much like yours, there are very few clues on who the OEM of the movement was.