This research provides a synthesis of soil organic carbon (SOC) densities in a range of Australian soils and land use types to decrease uncertainties in agricultural soil carbon (C) sequestration investments. This work provides information on existing Australian C soil stocks, the relationships between SOC with various agricultural and forestry land use changes, and options available for agriculturalists to cultivate and safeguard their C stocks. This work also includes recent developments in C rights, soil C monitoring, and verification technologies and procedures now in use for C stock inventories. This review has a special focus on known changes in SOC stocks, technological and methodological developments in the agricultural region of southern Western Australia (WA).