If you receive foreign income it is very important that you declare it. The ATO have announced that the gloves are off when it comes to the underreporting of foreign income.
How you are taxed and what you are taxed hinges on your residency status for tax purposes. This can be different to your general residency status so if unsure you should seek clarification.
Let’s look at the different residential statuses for tax purposes:

Australian Resident
Foreign Resident
Temporary Resident

Australian Resident – taxed on worldwide income including money earned overseas (such as wages, director’s fees, rental income, other investment income or gains from the sale of assets).

Foreign Resident – taxed on their Australian sourced income and some capital gains. Un