Based on type material and old unpublished collections as well as recently collected material Australoecetes Just, 1983 is fully described. A. Sellicki (Sheard, 1936) and A. Australis (Stebbing, 1910) are redescribed and lectotypes selected. Australoecetes jervisi n. sp. Is described. Based on morphological and correlated biological differences two subgenera are recognized: Australoecetes (with A. Sellicki, east to west southern Australia) and Stebbingoecetes n. Subgen. (with A. Australis, type-species, and A. Jervisi; both from south-eastern Australia).