Clearly I have been hiding under a rock as I have just found out there is an Australian series of the Ladette to Lady being worked on.
The British version of the show has been extremely popular here. The premise of the show is turning Ladettes (slappers) into Lady's (rather dull young women) with one being eliminated each week. Expect to see a cameo by Jane Ferguson, Sarah's sister, at some stage.
The Channel 9 website has pictures of some of the Australian applicants here.