The import was caught by Australian Border Force (ABF) officers when they examined the man’s bags after he stepped off the plane from Vancouver, Canada, on July 31.
ABF officers found several vacuum-sealed bags allegedly containing a powdery white substance concealed in the suitcase.
Further testing of the powder returned a positive result for methamphetamine.
The matter was referred to the Australian Federal Police (AFP), who arrested the man and charged him with one count of importing a commercial quantity of a border controlled drug.
The maximum penalty for this offence is life imprisonment.
The 38-year-old is due in court again today, after being refused bail for the offence on August 1.
AFP Detective Acting Superintendent Dom Stephenson said the drug haul amounted to around 150,000 individual hits, had it reached Australian streets.
“Criminal groups will go to any lengths to bring illicit substances into our country,” he sai.
“The devastating impact methamphetamine has on individuals and their families is well known – that’s why we’re committed to stopping it whenever we can.”