Unfortunately, items being sent from HK often get lost in the post. Also, when you're selling big brand items for a cheap price, buyers who know those brands are going to know they have been sent fake stuff. Quite a few of your brands shouldn't even be listed, let alone having fake items listed as genuine. If you're going to sell expensive brands cheap, you need to have certification to show buyers that it is genuine and not the usual fake stuff that comes out of Asia. A lot of buyers won't know the difference between fake and genuine, but a lot do and sadly, I can see your feedback taking more of a battering.
If a buyer opens a dispute saying the item hasn't arrived, you have to provide a tracking number showing the item has been scanned as delivered. If you can't produce that, you will lose any dispute. If a buyer opens a dispute for not as described because the item is fake, if you can't show proof that it's the genuine article, you will lose any dispute. If you want any of the fake items back, you have to pay the return postage using a tracked service, which from Australia to HK is rather expensive. If the item is proven to be fake, it is against Australian law to post it, so the buyer is not actually allowed to post it back.
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