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Here are some alternatives to the australian paper covered foams, that tend to be far heavier and more expensive than the DT foam. Given here in australia we are never going to get as cheep as DT FB, Here are the alternatives I have come across.
Depron, great all round material, when covered with tape or laminate you can easily bend around and functions very close to DT foam. The biggest down side is cost at around $12.50 per sheet if you buy in bulk. 700mm x 1000mm x 6mm.
Daiso foam, I cam across this stuff in Daiso store in brisbane, come in 5mm at 1000mm x 700mm or 10mm x 600mm x 500mm. it is only $2.80 per sheet. it is thinner than depron and not as rigid, although the 10mm seems stronger due to it being bonded (2ply).
Hobbyking foam, Got this to try out, and I got the 10mm stuff. at $4 per sheet for 10mm x 700 x1000 delivered. Minimum buy is 20 sheets. Not as rigid as depron and easier to dent, this is why I went for a thicker grade and it works great for the price. Hobbyking do have 5mm as well for cheaper here in aus.
Bunnings XPS insulation sheets. COmes 600 x 1200 in 30mm thick for $13 or 50mm thick for $21. Look up andrew newton on youtube as he has great success and tips on hot wire cutting this foam. XPS is also what the hobbyking foam is. If sanding you do need to take care as it can pull the foam. I find an electric sander (small mouse type) very effective in shaping.
HOpe this helps some one out there. I love trying new things and will keep posting if I find another alternative material.