Note this bill has been introduced, but not yet discussed or passed. The ammendments can be found here:
http://www.parliament.nsw.gov.au/pro...LE/summary.pdf
Also, yet to come are the ammendments to the weapon's prohibition regulations, which will define what a high-powered laser is. You can see the intention from the 7th may hansard here:
http://www.parliament.nsw.gov.au/pro...Key/LA20080507
The definition of laser pointer would seem to include laser collimators as well as laser pointers.
laser pointer
means a hand-held battery-operated device,
designed or adapted to emit a laser beam, that may be used for the purposes of aiming, targeting or pointing.