Innovation has been integral in the development of the current Australian canola (Brassica napus L.) industry. From the initial introduction of poorly adapted Canadian germplasm, Australian breeders have developed high yielding, high quality, disease-resistant canola cultivars. The Australian canola industry has transitioned from being reliant on imports to becoming one of the world’s major exporters of canola. This review details the progressive innovations in the Australian canola breeding programs from the initial introduction of rapeseed to more recent developments including herbicide resistance, hybrid cultivars, speciality oil types and genetically modified canola.