What\'s up with the time???

Can anyone explain to me why the time on the site is so out of whack?
When I look in my profile I've got it set to +10 GMT Sydney, Canberra etc but the site is saying it's like 06:30 when I just posted and it's actually only 05:12 at the moment.

Just curious, it's something that's been annoying me for a while. :o

i asked this question a while back, but no one could give me an answer. would also like to know.