The Disher Challenge Cup is awarded to the winner of an annual eight oar rowing boat race held over a distance of approximately 3 miles at a regatta between three tertiary institutions in the Australian Capital Territory: Other crews race by invitation, but cannot be awarded the Cup.
The Disher Challenge Cup was named for Captain H.C. (Clive) Disher of the Australian Army Medical Corps, who stroked the 1919 Australian Imperial Force (AIF) Number 1 crew that beat Oxford University in the final of the Inter-Allied Services event at the Henley Peace Regatta after the end of the World War I.
The inscription reads: The Disher Challenge Cup Presented by Dr Clive Disher CBE ED for annual competition between eight oared crews representing the Australian National University and the Royal Military College Duntroon in memory of the AIF eight oared crew, winners of the King's Cup,
The course was changed to be fairer and safer, at 4250 metres, that begins at Aspen Island, passes under Commonwealth Bridge and finishes at Yarralumla.
Races for men's and women's coxed fours over 2000 metres are also held as a part of the Disher Cup Regatta.