We don’t get to influence it whatsoever on console: there’s no region locking at all. But I’m red bar most games, so yes, opposite end of the world.
I have an intimate feel for the various locations now, which was helped by the fact that for a short period we could pick server location in private matches (this feature appears to be broken now, though.) There are servers that Australians can play with US players and get at least tolerable latency - East Coast and East Asian servers I’m guessing - but it’s total luck whether I get onto one of those. And what I consider “tolerable” is unplayable for most, haha.
West Coast and European servers are torture, but Australians are forced to play on them all the time.