- To foster friendship and cultural understanding between the business communities especially and the peoples of Australia and Malaysia
- To promote trade, investment, technical co-operation, economic co-operation and tourism between Australia and Malaysia
- To assist Malaysian trade or commercial associations in Australia
- To establish and foster links with counterpart organisations in Malaysia
- To establish closer relations and co-operation with the other organisations from time to time in existence in Australia whose general objectives are to promote trade and commercial links between Malaysia (or any part of it) and Australia (or any part of it).
- To represent the interests of members in commercial and trade matters between Malaysia and Australia
- To provide services to members in relation to Malaysia such as (but not limited to) current reference materials, directories and newsletters