His film Australia, which starred Nicole Kidman and Hugh Jackman, became the second most successful film in Australian history when it released in 2008.
It is surpassed only by 1986's Crocodile Dundee, which took in A$47.707 million.
Luhrmann's Moulin Rouge of 2001 appears fifth on the list of Australia's all-time box office hits, raking in A$27.734 million.