| Title | Director | Cast | Genre | Notes |
| 100% Wool | | | | |
| Alice to Nowhere | John Power | John Waters, Steve Jacobs, Rosey Jones | Crime / Drama / Horror | IMDb |
| The Australian Image | Graham Shirley | | | IMDb |
| BabaKiueria | Don Featherstone | Michelle Torres, Bob Maza | Drama / Short | IMDb |
| Backlash | Bill Bennett | David Argue, Gia Carides, Lydia Miller, Brian Syron, Anne Smith, Gregory McMahon, Anthony Holmes | Crime / Drama | IMDb |
| Cactus | Paul Cox | Isabelle Huppert, Robert Menzies, Norman Kaye | Drama | IMDb |
| Cassandra | | | | |
| Coming of Age | | | | |
| Cool Change | | | | |
| Crocodile Dundee | Peter Faiman | Paul Hogan, Linda Kozlowski, John Meillon, David Gulpilil | Adventure / Comedy | IMDb |
| Dead-End Drive In | Brian Trenchard-Smith | | Science Fiction/Action | |
| Death of a Soldier | Philippe Mora | James Coburn, Bill Hunter, Reb Brown | Crime / Drama / War | IMDb |
| Departure | | | | |
| Dot and Keeto | | | | |
| Dot and the Whale | | | | |
| Double Sculls | | | | |
| Emma's War | | | | |
| For Love Alone | Stephen Wallace | Helen Buday, Sam Neill, Hugo Weaving | | Entered into the 37th Berlin International Film Festival |
| Fortress | Arch Nicholson | Rachel Ward, Vernon Wells |
Horror | IMDb |
| The Fringe Dwellers | Bruce Beresford | Justine Saunders, Kristina Nehm | Drama | IMDb, award-winner, entered into the 1986 Cannes Film Festival |
| Frog Dreaming | Brian Trenchard-Smith | Henry Thomas | Drama | IMDb |
| Going Sane | | | | |
| The Humpty Dumpty Man | | | | |
| Jenny Kissed Me | | | | |
| Just Us | | | | |
| Kidnapped | | | | |
| Landslides | | | | |
| Le Corps imagé | | | | |
| The Local Rag | | | | |
| Malcolm | Nadia Tass | Colin Friels, Lindy Davies, Chris Haywood, John Hargreaves, Charles 'Bud' Tingwell, Heather Mitchell, David Johnston, Ian McFadyen, Denise Scott, Peter Nicol | Comedy / Crime | IMDb |
| Man and Boy | | | | |
| Marauders | | | | |
| Mesmerized | | | | |
| The More Things Change... | | | | |
| My Letter to George | Michael Laughlin | Jodie Foster, John Lithgow, Michael Murphy, Dan Shor, Harry Andrews | Drama | |
| My Life Without Steve | | | | |
| Platypus Cove | | | | |
| Played in Australia | | | | |
| Playing Beatie Bow | Donald Crombie | Peter Phelps, Imogen Annesley, Mouche Phillips, Nikki Coghill, Moya O'Sullivan | Historical romance | IMDb |
| Raoul Wallenberg: Between the Lines | | | | |
| Run Chrissie Run! | Chris Langman | Carmen Duncan, Red Symons, Michael Aitkens, Shane Briant | Adventure, Crime, Drama | IMDb |
| Short Changed | | | | |
| Sky Pirates | | | | |
| Starview | | | | |
| The Steam-Driven Adventures of Riverboat Bill | | | | IMDb |
| The Surfer | | | | |
| Time After Time | Bill Hays | John Gielgud, Googie Withers, Helen Cherry, Ursula Howells, Trevor Howard | Comedy | |
| Traps | | | | |
| Two Friends | Jane Campion | Kris Bidenko, Emma Coles | Drama | IMDb, Screened at the 1986 Cannes Film Festival |
| Vengeance Land | | | | |
| Windrider | Vincent Monton | Tom Burlinson, Nicole Kidman, Bud Tingwell | | |
| Zombie Brigade | Carmelo Musca, Barrie Pattison | | Horror | IMDb |
