1] Infrastructures such as pipelines and power networks at low-middle latitude regions have historically been considered relatively immune to geomagnetically induced currents (GICs). Over the past decade there have been an increasing number of investigations into the impact of GICs in long grounded conductors at these latitudes. The Australian region power network spans thousands of kilometers from low to middle latitudes. The approaching maximum of solar cycle 24 and recent findings of studies into power networks located at similar latitudes have stimulated the Australian power industry to better understand this phenomenon in their region. As a result, a pilot study to compare space weather activity with in situ GIC monitors at strategic locations within the power network was initiated. This paper provides some results from the first of these operational GIC monitors during a modest geomagnetic storm, showing the first observational evidence of space weather well correlated with GICs measured in the Australian power network. Transformer neutral currents show a high degree of similarity with the geoelectric field derived from the closest available geomagnetic observatory. Current maxima of 4-5 amperes were observed in association with geoelectric field values of 0.06-0.07 volts per kilometer. This paper also discusses the GIC measurements obtained during this storm in terms of the space weather drivers and the considerably larger geoelectric field values anticipated during larger geomagnetic storms.