In the land of Oz, the ADR (Australian design Regulations) allow for a 10% variance in speedo reading to actual speed.
In the past the state police forces have allowed the same 10% variance before booking you. The may well pull you over and have a little chat, but wouldn't book you.
But, in one state (Vic), the Government is enforcing a zero tolerance policy and have made a statutory ruling that only allows for 5% variance.
In NSW the government have amended the law relating to demerit points, which indicates a similar policy to Vic.
1 to 10kmh over the speed limit will attract one demerit point and an $84 fine;
11 to 20kmh over the speed limit will attract three demerit points and a $197 fine;
21 to 30kmh over the speed limit will attract four demerit points and a $338 fine;
31 to 45kmh will result in a three month suspension, five demerit points and a $647 fine;
Over 45kmh will result in a six month suspension, six demerit points and a $1,744 fine.
For the record if you loose 12 demerit points you loose you licence.