Do I hear my name?
`ello, miss me did ya skeptic

This is one of the more possible legends I'd have to say. Some small people reports are now verified - Homo Florensis. Stuff the debate, I say new Hominidae species LOL.
The tales of Ebu Gobo being wiped out - I am sure there is a legend of a tribe of around 200 being wiped out on North Queensland by British settlers. Did they kill them all? The Pendek, is another account that comes to mind. The Island of Florensis is near Australia and the indigenous did have trade with Northern Islands where Florensis existed. The British settlers successfully wiped out the Tasmanian Indigenous. Did they wipe out two species? Did some Ebu Gobo hide in the top end? Interesting that reports of Ebu Gobo seem to match Florensis pretty closely. I'd say yeah, quite possible and loose support from the fossil record to back the hypothesis. If you wanted to hide out in Oz, the top end would be a good place to do it. All the reports seem to be in the right place too - the general vicinity of Florensis, where we know diminutive distant relatives resided. Not sure about the Glasshouse Mountain claim though, bit close to home. Top end gets pretty darn hot and humid too, it would be good to see a study done to see if such a body structure could survive in the conditions. All that hair might make it somehwat hot, and one would think fatal in the top end? It was for Meganthropus' body structure which could not loose enough heat. Maybe Hairy is supposed to reference a large shock of head hair? That would make more sense to me considering the terrain and supposed physiology of the reported creature. If they do exist, I don't think they would look anything like the diminutive cousin it represntative shown above.
That physiology would be more suitable to Victoria though.
Shocked ain't ya