| Position |
Name |
Notes |
| Chairman | Air Chief Marshal Sir Angus Houston AK, AFC (Ret'd) | former Chief of the Defence Force |
| Member | Professor David Horner AM | Official Historian of Australian Peacekeeping, Humanitarian and Post-Cold War Operations |
| Member | The Hon. Arch Bevis | Former Parliamentary Secretary for Defence |
| Member | Major General Brian Howard AO, MC, ESM (Ret'd) | Board Member Royal Australian Regiment Corporation |
| Member | Vice Admiral Ray Griggs AO, CSC, RAN | Vice Chief of the Defence Force, (Ex-Officio) |
| Member | Jackie Huggins AM | Adjunct Professor, Centre for Australian Indigenous History, Australian National University |
| Member | Luke Bowen | Executive Director of the Northern Territory Cattlemen's Association |
| Member | Simon Lewis PSM | Secretary of the Department of Veterans’ Affairs, (Ex-Officio) |
| Member | Professor Christine Charles | Chair of the Resources Technology Innovation Centre |
| Member | The Hon. Sandy Macdonald | Former Parliamentary Secretary for Defence |
| Member | Rear Admiral Ken Doolan AO, RAN (Ret'd) | National President of the Returned and Services League of Australia, (Ex-Officio)
Chairman of the Australian War Memorial Council |
| Member | Brigadier Bill Rolfe AO (Ret'd) | Former Services Member of the Repatriation Commission |
| Member | His Excellency Chris Seed | New Zealand High Commissioner to Australia, (Ex-Officio) |
| Member | His Honour Judge Rauf Soulio | Chair of the Australian Multicultural Council |
| Member | Professor Margaret Gardner AO | Vice-Chancellor and President of the Royal Melbourne Institute of Technology |
| Member | Peter FitzSimons AM | Journalist and author |
| Member | Kathryn Greiner AO | Chair of Bio Tech Capital |
| Member | Rear Admiral Davyd Thomas AO, CSC, RANR | Former Deputy Chief of Navy |
| Member | Sandy Hollway AO | Former Chief executive officer (CEO) and board member of the Sydney Organising Committee for the 2000 Olympic Games |
| Member | Deborah Thomas | Director of Media, Public Affairs and Brand Development, ACP Magazines.
Since April 2015 CEO of Ardent Leisure |