If VAG have breached Australian emissions standards, then all VAG vehicles with the identified engines will be subject to a recall - doesn't matter if it's Audi, Skoda or Volkswagen. Dealers will do a service fix which ensures Australian emissions standards are being met, but there will most likely be some drop in performance and increased fuel consumption. Presumably some engine parts will also wear out quicker (eg. DPF) if they have to work harder and longer to burn off harmful emissions. Resale values will drop (if they haven't already) and to compensate Australian Audi, Skoda and Volkswagen customers affected by a recall the company will probably offer some free servicing and/or extended warranties.
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