Saot Al-Iraq has just posted this thread of breaking news (Arabic link):
Trusted sources have confirmed information that a deal has been made between the Australian govt. and Harith Al-Dhari the head of the "Association of Muslim Scholars" to solve the case of the Australian hostage Douglas Wood.
Australia would be paying Al-Dhari 10 million US dollars in return for Wood's release and the exchange is supposed to take place within 48 hours.
Nothing on it so far on TV but if it proves to be true then I don't know what the hell is keeping the authorities from taking Dhari and his gang.