The paper proposes the implementation of a warning letter process, but unlike the 3 strikes-style regime in neighboring New Zealand, would not include an Internet disconnection sanction. Instead, rightsholders would head back to the legal system to punish persistent infringers.
http://torrentfreak.com/aussie-isps-propose-anti-filesharing-warning-notice-scheme-111125/
Direct link to proposal of Australian Internet Providers:
http://www.commsalliance.com.au/__data/assets/pdf_file/0019/32293/Copyright-Industry-Scheme-Proposal-Final.pdf