The Australian Masters is a chess tournament that has been held in Melbourne, Australia, annually since 1987. The tournament is an invitational event, normally run as a 10-player round-robin tournament. Since 2013 the tournament has become Australia's only round-robin Grandmaster tournament. A major sponsor of the tournament since its inception has been Eddy Levi (or his company Hallsten).
Since 2013, Grandmaster norms for performances above the 2600 level, have been available at the Australian Masters Championship thanks to the participation of foreign Grandmasters. International Master norms are also available at the Australian Masters tournament.