I agree with Centaurus. You can count simulator time as Total Aeronautical Experience, but IMO you shouldn't.
(That is, CASA should not have made the change. Of course individuals are free to use the law to inflate their CVs - it's perfectly legitimate to do so.)
Some might say that TAE is now a meaningless concept. However, most employers ask for a breakdown of hours in an application; "real" experience will therefore be discovered one way or another.
Personally, I don't log simulator time at all. I have enough hours that I don't need the few extra to make myself more employable, and it means I spend just a little bit less time interacting with CASA garbage legalese. Win-win!