The requirements in Australia are the provisions of the Food Standards Code
Most well maintained, clean domestic kitchens will comply with these standards & most councils will allow a home based business to operate however as Ozbuzz said some are harder to deal with than others. The majority probably wouldn't bother you if you were extracting & bottling a bit on honey in your kitchen. It is unlikely they would hunt you down & grind you to dust. I personally wouldn't go near them unless you were setting up a commercial enterprise that required a Development Application.
Labelling is complicated however the basics for a container of honey are
1. Name of product - eg Honey
2. Street address of the producer
3. Best before date
4. Country of origin statement - eg Product of Australia
5. Nutrition information panel
6. Storage instructions - eg store in a cool dry place
The going price up here seems to be $6.00 - $8.00 per kilo retail. I wouldn't jack the price up to much if you just want to move the honey & generate a bit of a cash flow to subside your hobby.