Midnight Oil will be recognised for their outstanding services to Australian music at next week's APRA Awards.
The iconic Aussie band will receive the Ted Albert Award, which has previously been given to artists including Archie Roach, Paul Kelly, The Seekers and Cold Chisel.
The band said they were proud to receive the award, named after the founder of the Australian record label Albert Productions who helped shape the careers of bands such as The Easybeats and AC/DC. And they noted it was at Alberts where they recorded their first album.
"Ted's great skill was his knack for picking talent, his genuine love for original Australian music, and the creation of his legendary production house - which has become a by-word for excellence and success," the band wrote in a statement.
"Midnight Oil's connection to Alberts began in 1978, when the band - in between playing sweaty pub gigs in and around Sydney - recorded our first album at the Boomerang House studio in King St ('Whoah! A band that eats!' said Harry Vanda, when he caught us scoffing burgers)."
Harry Vanda was the lead guitarist with The Easybeats and one half of songwriting/production duo, Vanda and Young.
"Nine years later we were back at Alberts, this time at Neutral Bay, to record Diesel and Dust - an album inspired by the Australian desert and Top End communities, but which opened doors for us right around the world," the band continued.
Midnight Oil re-formed just last year for a world tour, selling out gigs in Australia and overseas, including massive concerts in Sydney's Domain and Melbourne's Myer Music Bowl, and a special benefit gig in Cairns in aid of the great Barrier Reef. A new documentary charting the band's early rise to fame, Midnight Oil 1984, is set for release next month.
They will receive the award at the APRAs in Sydney next Tuesday, which will feature performances from Tim Minchin, All Our Exes Live in Texas, Suze DeMarchi and Baby Animals, Adalita and Isabella Manfredi.
Nominees for the APRA Awards, which recognise Australian songwriting, include Amy Shark, Paul Kelly and Gang Of Youths.
The winner of the International Work of the Year has also been announced as Ed Sheeran for his song Shape of You
*The APRA Music Awards will take place at the ICC in Sydney on April 10 and will be hosted by Julia Zemiro.
© AAP 2018 Photo credit: AAP Image/Dave Hunt