| 1 | 29 | | Scott CAMPBELL (TAS) / LKA Workwear / RST / Alpinestars | P6F7 | Honda RC30 750 | 1:45.733 | 1:43.293 | 1:43.293 |
| 2 | 43 | | Keo WATSON (NSW) / C & M M-cycles / Silkolene / Shark Leathers / Goodridge / Pheasant Wood Circuit | P6F13 | Yamaha FZR 1000 | 1:46.028 | 1:44.556 | 1:44.556 |
| 3 | 36 | | Murray CLARK (QLD) / MCR | P6F13 | Suzuki GSXR K 1127 | 1:46.036 | 1:45.640 | 1:45.640 |
| 4 | 49 | | Corey TURNER (QLD) / Classic Film Autos | P6F7 | Suzuki GSX-R 750 | 1:47.138 | 1:46.508 | 1:46.508 |
| 5 | 62 | | Phillip BURKE (NSW) | P6F7 | Honda VFR 750 | 1:51.041 | 1:48.193 | 1:48.193 |
| 6 | 76 | | Scott WEBSTER (VIC) / T&K Carney / West Gippsland Auto Electrics | P5F1 | Suzuki XR69 1200 | 1:49.344 | 1:48.864 | 1:48.864 |
| 7 | 50 | | Glenn HINDLE (NSW) / Goulburn Power Centre | P5F1 | Suzuki XR69 1170 | 1:50.070 | 1:49.243 | 1:49.243 |
| 8 | 20 | | David JOHNSON (SA) / Carl Cox Motorsport / TT Motorcycles | P5UN | Suzuki Katana 1100 | 1:49.499 | | 1:49.499 |
| 9 | 107 | | Roger GUNN (VIC) / Spice Consulting / Sunset Racing | P5F1 | Suzuki XR69 1260 | 1:50.272 | 1:50.251 | 1:50.251 |
| 10 | 778 | | Corey GLOCK (QLD) | P6F7 | Suzuki GSXR 750 | 1:52.891 | 1:50.322 | 1:50.322 |
| 11 | 9 | | Dean CASTLETON (VIC) | P6F13 | Suzuki GSXR 1100 | 1:50.556 | 1:50.353 | 1:50.353 |
| 12 | 2 | | Brad PHELAN (QLD) / Edge Competition / BPR | P5UN | Suzuki Katana 1100 | 1:50.997 | 1:50.354 | 1:50.354 |
| 13 | 75 | | Steven HARLEY (NSW) | P6F13 | Bimota YB6 1000 | 1:53.243 | 1:51.584 | 1:51.584 |
| 14 | 151 | | Phillip BEVAN (NSW) | P6F7 | Honda VFR 750 | 1:52.483 | 1:51.966 | 1:51.966 |
| 15 | 164 | | Ian SHORT (VIC) / Motoheaven / Doyle & Shields / James O'hagen Photography / Eastern Signs | P5F1 | Harris CMR 1170 | 1:52.596 | 1:52.256 | 1:52.256 |
| 16 | 73 | | Glenn CRUTCHLEY (VIC) | P5F1 | Kawasaki Z1000 1200 | 1:53.564 | 1:52.374 | 1:52.374 |
| 17 | 95 | | John RILEY (WA) / BPR | P5F1 | Honda RC30 750 | 1:54.417 | 1:52.785 | 1:52.785 |
| 18 | 63 | | Robert YOUNG (NSW) / Ron Young Engineering | P6F7 | Ducati 888 | 1:55.529 | 1:53.157 | 1:53.157 |
| 19 | 23 | | Laurie FYFFE (NSW) | P6F7 | Honda RC30 750 | 1:53.171 | 1:54.957 | 1:53.171 |
| 20 | 45 | | Edwin HAAZER (VIC) / Spice Consulting / Sunset Racing | P5UN | Suzuki Katana 1170 | 1:55.603 | 1:53.560 | 1:53.560 |
| 21 | 89 | | Stuart WOODBURY (NSW) / D Moto Motorcycle Engineering | P6F13 | Yamaha FZR 1040 | 1:56.073 | 1:54.223 | 1:54.223 |
| 22 | 123 | | Michael MORALEE (WA) / BPR Racing | P6F7 | Suzuki GSX-R 750 | 1:54.418 | | 1:54.418 |
| 23 | 12 | | Richard EASTON (NSW) / Oaks Performance Motorcycles | P6F7 | Suzuki GSXR 750 | 1:57.928 | 1:55.004 | 1:55.004 |
| 24 | 90 | | Michael MOLONEY (VIC) / Toss Dog Racing | P5UN | Suzuki GSX 1170 | | 1:55.049 | 1:55.049 |
| 25 | 289 | | Mark POWELL (NSW) / Nutra Organics | P6F7 | Ducati Twin 888 | 1:56.306 | 1:57.726 | 1:56.306 |
| 26 | 27 | | Lech BUDNIAK (NSW) | P6F13 | Bimota YB8 1000 | 1:58.427 | 1:56.922 | 1:56.922 |
| 27 | 7 | | Damion DAVIS (NSW) / Lennox Floors | P5F1 | Suzuki TR 750 | 1:57.329 | 2:02.354 | 1:57.329 |
| 28 | 3 | | Aaron BENNETT (NSW) / Well sprung / Sultana Solutions / Future Air Conditioning / MJ Functional | P5UN | Suzuki GSX 1290 | 1:58.589 | 1:58.333 | 1:58.333 |
| 29 | 22 | | Karen WEBB (TAS) / SKI Investments | P6F7 | Suzuki GSX-R 750 | 1:59.323 | 2:16.227 | 1:59.323 |
| 30 | 747 | | Allen BROMLEY (QLD) / Twisted Wrist | P5UN | Suzuki GSXR 1170 | 2:18.413 | 2:02.235 | 2:02.235 |
| 31 | 82 | | Russell COUTTS (QLD) / Fonzie Abbott Coffee | P5UN | Suzuki GSX 1170 | 2:07.287 | 2:03.053 | 2:03.053 |
| 32 | 64 | | Paul PARLETT (NSW) / SP Race Engines | P5F1 | Suzuki XR69 1100 | 2:06.396 | 2:03.951 | 2:03.951 |
| 33 | 11 | | Craig HUNTER (QLD) | P5UN | Yamaha TR1 1000 | 2:14.092 | 2:07.139 | 2:07.139 |
| 34 | 816 | | Darren LARK (VIC) / Red-Mist Motorcycle Accessories | P6F7 | Kawasaki ZXR 750 | 2:14.656 | 2:23.040 | 2:14.656 |
| 35 | 131 | | Paul RIGNEY (NSW) / HK31 | P5UN | Kawasaki Z 1000 | 2:15.191 | | 2:15.191 |