Update 13 Sep 19: I understand that the National Child Restraint Best Practice Guidelines are under review to incorporate recent chnages to the Australian Standard (shoulder height markers, boosters for older children and rearward facing child seats for older children) - stay tuned for the update.
* Important note (2011): The Australian Standard has been revised to require shoulder height markers on child restraints. These are a  better indicator of correct fit than age, weight or stature. Restraints complying with the new standard have been available since 2013.
Note there is nothing to prevent rearward-facing child restraints for older children being sold in Australia - the Australian Standard provides for them. However, in general, they are not practical to use in the rear seat of smaller cars (the safest position for children)