The RACV Gold Coast Challenge was a golf tournament played in Australia.

It has been played at the RACV Royal Pines Resort in Benowa, Queensland, a suburb of Gold Coast since 1992.

In 2007 the Masters was the richest women's golf tournament in Australia, with a prize fund of A$800,000.

[1] The tournament was founded in 1990 as a 54-hole stroke play event, and was originally called the Australian Ladies Masters.

Australia's most successful women golfer Karrie Webb won the event a record eight times.