It is becoming increasingly important to be aware of EPA Legislation in your state. There are stiff fines for non-compliance, but with a little effort you can make sure you meet any environmental obligations.
Below are some resources to help you make sure you comply:
http://www.environment.nsw.gov.au/sustainbus/painters.htm
http://www.nt.gov.au/nreta/environment/waste/factsheets/pdf/safedisposalpaintoct08.pdf
http://www.epa.vic.gov.au/water/Industry/default.asp
http://www.epa.sa.gov.au/popup/water_paint.html
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