Project Runway Australia is a reality television show based on the American program Project Runway, wherein fashion designers residing in Australia compete by making specific garments for weekly challenges. The show features Megan Gale as the host, and Peter Morrissey and Claudia Navone as judges. Alex Perry acts as a mentor to the contestants, as Tim Gunn does in the American version. Production began in May 2008, and the show premiered on Arena 8.30 p.m. (AEST) Monday 7 July 2008. The show ended after 4 seasons, with the final season airing on 17 December 2012.

The prizes for the winner of Project Runway Australia included what is described as "$100,000 opportunity" to create their own fashion line to show in Melbourne Fashion Week, a new car, the model of which changes throughout the seasons, and having their clothes displayed in a six-page spread in the now defunct Madison magazine.