• Automatically organise imports: Ctrl+Shift+O
• Static import: Ctrl+Shift+M

To exclude annoying packages or classes when doing automatic organisation of imports with Ctrl+Shift+O create a a “Type Filter” under Windows → Preferences → Java → Appearance → Type Filters.

Most annoying for me are JUnit 3, awt, Joda time:

java.awt.*
junit.*
org.joda.*

Source: http://blog.vogella.com/2009/04/01/eclipse-organize-imports-filter