OZ and US food prices are very different. A lot of a restaurant's price in OZ is for wages (as per previous posts in this thread).
I dont know what Jigger calls quality, but as carondolet_Bill if you have linen, service, sauce not made from a packet, you start to pay. I dislike bad steak, so I don't order it at pubs, typically they are cheap cuts, wafer thin and charred to death. I've worked in pub kitchens, the right amount of care required for good steaks is never paid to them in a short order kitchen. As EvilBaz says, you cant go wrong with the parma, they're pretty hard to get wrong, provided you don't start off with crap chicken.
$14 in OZ will pick up a top steak from just about any butcher. But then you have to cook it yourself.
BTW, I've found a 160 B steak at the Diana Dragon, but someone else will have to try it.