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Life Membership of the Australian Business Economists is awarded to those who have made a significant contribution to organisation or to the understanding and application of economics in Australia.

Current Life Members are:
Mr Bill Evans: Chair, Australian Business Economists 1998 – 2005
Mr Ted Evans AC: Secretary to the Treasury 1993 – 2000
Mr Tom Ford: Chair, Resimac 1985 – 2015
Mr Ross Gittins: Economics Editor, The Sydney Morning Herald
Mr Stephen Halmarick: Chair, Australian Business Economists 2009 – 2017
Mr Robert Henderson: Chair, Australian Business Economists 2006 – 2008
Dr Ken Henry AC: Secretary to the Treasury 2001 – 2011
Dr Philip Lowe: Governor, Reserve Bank of Australia 2016 – 2023
Mr Rob Nicholl: Chief Executive Officer, Australian Office of Financial Management 2011 – 2022
Dr Martin Parkinson PSM: Secretary to the Treasury 2011 – 2015
Ms Janet Smith: Administrator, Australian Business Economists 1992 – 1998
Mr Glenn Stevens: Governor, Reserve Bank of Australia 2006 – 2016
Mr John Stroud: Chair, Australian Business Economists 1995 – 1997
Ms Janet Torney: Chair, Australian Business Economists 1992 – 1994
Mr Stephen Walters: Chair, Australian Business Economists 2017 – 2022
Mr Tony Westmore: Administrator, Australian Business Economists, 2005 – 2024