The 1994 Australian Indoor Championships was a tennis tournament played on indoor hard courts at the Sydney Entertainment Centre in Sydney, Australia and was part of the Championship Series of the 1994 ATP Tour. It was the 22nd and last edition of the tournament and was held from 3 through 10 October 1994. Seventh-seeded Richard Krajicek won the singles title.

Richard Krajicek defeated Boris Becker 7–6^(7–5), 7–6^(9–7), 2–6, 6–3

Jacco Eltingh / Paul Haarhuis defeated Byron Black / Jonathan Stark 6–4, 7–6