Good Samaritan Aussie dies in waters off Bali

An Australian man who disappeared in waters off Bali while trying to rescue a German tourist in rough seas has been found dead.

Craig Laidley helped save the man at Balian Beach on the Indonesian island's west coast on Wednesday afternoon before being swept away by the current.

Indonesian search and rescue organisation Basarnas confirmed the 56-year-old's body was found on Friday morning, about a kilometre west of where he was last seen, ABC news says.

Relative Mark Laidley had previously asked for help finding his cousin on social media.

"Our Uncle/Brother and Son (Craig) was last seen helping a male that was reportedly drowning in the ocean between Tebing Balian rocks near Balian Beach at 4pm 16th of October," the Facebook post said.

"He was then seen drifting back out to the ocean after saving this man's life."

The post said local fishermen were helping with the search.

"We hope he is found safe," Mark Laidley said.

Kate Ferguson also posted a plea asking the public to help find Mr Laidley.

"Craig rescued Micro Stalla (29) but was then swept out by the powerful current," she wrote on Facebook.