Australia's peak recycling body has called for national action to address the nation's stagnating recycling rate.

The Australian Council of Recycling (ACOR) released a 10-point plan to "reboot" domestic recycling, including a 1.5-billion-Australian dollar investment in recycling and lower taxes for products made from recycled materials.

The body also called for a "common sense" national standardization of recycling methods to "drive continual professionalization and improvement in resource recovery."

"Now is the time for recycling to have more domestic capability," ACOR chief executive Pete Shmigel told Fairfax Media on Monday evening.

The Australian government is preparing to launch a six national targets to boost recycling, including diverting 80 percent of waste from landfill by 2030, halving the amount of organic matter sent to landfill and phasing out unnecessary plastic.

However, the ACOR warned that a "practical and positive" plan was required to achieve the targets.

"We are now at a crossroads. Australia is currently ranked about 17th in the world for recycling, and recycling rates are stagnant," the council's plan said.