Qualifying
| Pos | No | Driver | Car | Qual | Gap |
|---|---|---|---|---|---|
| 1 | 6 | Max Stewart | Lola T330 / Chevrolet 5.0L V8 | 1:05.2 | — |
| 2 | Warwick Brown | Lola T332 / Chevrolet 5.0L V8 | 1:05.3 | +0.1 | |
| 3 | 5 | Kevin Bartlett | Lola T332 / Chevrolet 5.0L V8 | 1:05.9 | +0.7 |
| 4 | 1 | Lella Lombardi | Matich A51 / Repco Holden 5.0L V8 | 1:07.0 | +1.8 |
| 5 | 4 | John McCormack | Elfin MR5 / Repco Holden 5.0L V8 | 1:07.5 | +2.3 |
| 6 | 14 | Graeme Lawrence | Lola T332 / Chevrolet 5.0L V8 | 1:08.0 | +2.8 |
| 7 | 12 | Garrie Cooper | Elfin MR5 / Repco Holden 5.0L V8 | 1:09.2 | +4.0 |
| 8 | Jon Davison | Matich A50 / Repco Holden 5.0L V8 | 1:09.2 | +4.0 | |
| 9 | 7 | John Leffler | Bowin P8 / Hart 1.6L I4 | 1:09.7 | +4.5 |
| 10 | John Goss | Matich A53 / Repco Holden 5.0L V8 | 1:11.9 | +6.7 | |
| 11 | Ken Shirvington | March 732 / Hart 1.6L I4 | 1:14.4 | +9.2 |
Read more about this topic: 1974 Australian Grand Prix