The 1994–95 National Soccer League season, was the 19th season of the National Soccer League in Australia.
The season ended with Melbourne Knights winning the championship and minor premiership double.
In August 1994 the Australian Soccer Federation (ASF) announced to mixed reaction that all regular season league matches would be decided by penalty shootout if the game was drawn at the end of 90 minutes of play.
Four points were awarded for a win, two for a win on penalties, one for a penalty loss and no points for a loss in regulation time.
[1] Prior to the start of the season, the Newcastle Breakers withdrew from the competition citing financial difficulties.