Going by your username i'll assume you're Aussie
Myself and another are also having the same issue and we are both on IINET. I can't remember who IINET use for International links but even the tracerts are coming back with high latency. I just received some information while typing that people on Telstra or using Telstra International links are unaffected.
Seems it could be an IINET, Internode, Westnet, AAPT Limited, Adam Internet, TransACT and Netspace