The 1974 Australian Formula 2 Championship was an Australian motor racing competition for Australian Formula 2 racing cars. It was authorised by the Confederation of Australian Motor Sport (CAMS) as an Australian National Title and was the eighth Australian Formula 2 Championship to be awarded by CAMS. The championship was sponsored by Melbourne shirt-maker Van Heusen, which provided $50,000 prizemoney for the eight round series.
The championship was won by Leo Geoghegan driving a Birrana 274 Ford for the Grace Bros. Levis Racing Team.
The championship was contested over an eight round series with one race per round.
Championship points were awarded on a 9-6-4-3-2-1 basis to the first six eligible finishers at each round. Only holders of a General Competition License issued by CAMS were eligible for points and each driver could retain points only from his/her best seven round results.
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