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The 1986 PGA Tour of Australia was the 15th season on the PGA Tour of Australia, the main professional golf tour in Australia since it was formed in 1973.

Schedule

The following table lists official events during the 1986 season.^[1]

Date	Tournament	Location	Purse (A$)	Winner^[a]	OWGR points	Notes
1 Dec	Air New Zealand Shell Open	New Zealand	NZ$140,000	D. A. Weibring (n/a)	n/a
8 Dec	New Zealand Open	New Zealand	NZ$100,000	Corey Pavin (n/a)	n/a
31 Dec	Nissan-Mobil New Zealand PGA Championship	New Zealand	NZ$75,000	Frank Nobilo (2)	n/a
2 Feb	Foster's Tasmanian Open	Tasmania	50,000	Stewart Ginn (8)	10
9 Feb	Robert Boyd Transport Victorian Open	Victoria	100,000	Ossie Moore (9)	20
16 Feb	Robert Boyd Transport Australian Match Play Championship	Victoria	60,000	Peter Fowler (3)	10	New tournament
23 Feb	Australian Masters	Victoria	275,000	Mark O'Meara (n/a)	26
2 Mar	Rich River Classic	New South Wales	70,000	Bob Shearer (16)	10	New tournament
18 May	Halls Head Estates-Nissan Nedlands Masters	Western Australia	50,000	Lyndsay Stephen (2)	10
5 Oct	Fourex Queensland PGA Championship	Queensland	100,000	Ossie Moore (2)	10
12 Oct	Stefan Queensland Open	Queensland	100,000	Greg Norman (17)	12
19 Oct	National Panasonic New South Wales Open	New South Wales	125,000	Greg Norman (18)	20
25 Oct	West End Jubilee South Australian Open	South Australia	100,000	Greg Norman (19)	12
2 Nov	Toshiba Australian PGA Championship	New South Wales	180,000	Mike Harwood (1)	20
9 Nov	Black Magic Victorian PGA Championship	Victoria	100,000	Wayne Smith (1)	10
16 Nov	National Panasonic Australian Open	Victoria	275,000	Rodger Davis (5)	40
23 Nov	National Panasonic Western Australian Open	Western Australia	100,000	Greg Norman (20)	16

The Order of Merit was based on prize money won during the season, calculated in Australian dollars.^[2]

^ The number in brackets after each winner's name is the number of PGA Tour of Australia events they had won up to and including that tournament. This information is only shown for PGA Tour of Australia members.

^ McCormack, Mark H. (1987). Ebel World of Professional Golf 1987. Collins Willow. pp. 240–254, 454–467. ISBN 0002182572. Retrieved 8 November 2023 – via Archive.org.
^ "Smith pips Meikle in state order of merit". The Age. Sydney, New South Wales, Australia. 16 December 1986. p. 49 (47 in paper). Retrieved 5 November 2023 – via Google News Archive.