Bunnings at least at my Local which is Kirrawee currently have a special on Ozito Cold saws for ferous metal cutting at $99.00 normally $159.00 these have a three year replacement warranty and will cut up to 50mm by 50mm Square and 75.. by 45mm in Rectangular section as well as 50mm round all up to 6mm wall thickness with the standard 180mm Diameter Blade and will take a 185mm Diameter blade.
Now they are no MACC or Brobo Cold Saw but would be streets ahead of any Hot Saw, Certainly not a Production Saw but for the price good value for Hobby or Home light duty use,they run a 1250 watt Motor which is considerably better then most cheapies so well worth a look.
Reasonably solid unit for the Money, Heck just where do you get a Cold saw thesae days for that sort of outlay So heads up worth a look and no doubt could be ordered in to your Local Store if not in Stock.
After all who likes using a Hot Saw if there is an option and Hacksaws and Angle Grinders rate a poor second at best, Quick change Vice and cuts straight or up to 45 Degrees, I might add I have not even seen this product before in Bunnings.