They can only do that with a green pedestrian crossing - off the bike they're considered a pedestrian and must follow standard pedestrian rules.
This thread shows that quite a few drivers do too
I'm pretty sure that they're allowed, the law is actually that cyclists may make a hook turn at any intersection, but it's optional
http://www.vicroads.vic.gov.au/NR/rdonlyre...vinginVicRR.pdf
THEY SUCK... with their homo tin cans...
they take up the whole fkn road and think its all theirs.
Oh look, it works the other way too, seriously get a grip