The 1974 Australian Drivers' Championship was a CAMS sanctioned Australian motor racing title for drivers of Australian Formula 1 and Australian Formula 2 racing cars with the winner awarded the 1974 CAMS "Gold Star". It was the 18th Australian Drivers' Championship.
The championship was won by Max Stewart driving a Lola T330 Chevrolet.
The championship was contested over six rounds:
Championship points were awarded on a 9-6-4-3-2-1 basis to the top six placegetters at each round. Only holders of a CAMS General Competition Licence were eligible, therefore any placings gained by international licence holders were ignored by CAMS when allocating championship points.