Australiens Grand Prix 1988 var det sista av 16 lopp ingående i formel 1-VM 1988.
- Alain Prost, McLaren-Honda, 9 poäng
- Ayrton Senna, McLaren-Honda, 6
- Nelson Piquet, Lotus-Honda, 4
- Riccardo Patrese, Williams-Judd, 3
- Thierry Boutsen, Benetton-Ford, 2
- Ivan Capelli, March-Judd, 1
- Pierluigi Martini, Minardi-Ford
- Andrea de Cesaris, Rial-Ford (varv 77, bränslebrist)
- Stefan "Lill-Lövis" Johansson, Ligier-Judd (76, bränslebrist)
- Philippe Alliot, Larrousse (Lola-Ford) (75, bränslebrist)
- Philippe Streiff, AGS-Ford (73, elsystem)
- Piercarlo Ghinzani, Zakspeed (varv 69, bränslesystem)
- Nigel Mansell, Williams-Judd (65, snurrade av)
- Alessandro Nannini, Benetton-Ford (63, snurrade av)
- Stefano Modena, EuroBrun-Ford (63, bakaxel)
- Derek Warwick, Arrows-Megatron (52, motor)
- Eddie Cheever, Arrows-Megatron (51, motor)
- Mauricio Gugelmin, March-Judd (46, kollision)
- Satoru Nakajima, Lotus-Honda (45, kollision)
- Luis Pérez Sala, Minardi-Ford (41, motor)
- Alex Caffi, BMS Scuderia Italia (Dallara-Ford) (32, koppling)
- Gerhard Berger, Ferrari (25, kollision)
- Rene Arnoux, Ligier-Judd (24, kollision)
- Jonathan Palmer, Tyrrell-Ford (16, transmission)
- Oscar Larrauri, EuroBrun-Ford (12, bakaxel)
- Michele Alboreto, Ferrari (0, kollision)