From the early afternoon until late at night for the nine-hour concert, 56 acts, including many of the biggest names in Australian music, performed their hits to celebrate the 25th anniversary of Mushroom Records, which was organised by its owner, Michael Gudinski.

[1][2] The concert featured former Cold Chisel singer Jimmy Barnes guesting with INXS on "The Loved One" and "Good Times" in tribute of Michael Hutchence for their first public performance since his death in November 1997.

[1] In its first few years Mushroom released albums and singles by some of the most significant Australian rock acts of the period, including Madder Lake, Chain, The Dingoes and Skyhooks.

[1] Success with Skyhooks' first few albums followed by Split Enz, Models, INXS, Kylie Minogue and Jimmy Barnes enabled Mushroom to dominate the Australian music industry into the 1990s.

The concert featured former Cold Chisel singer Jimmy Barnes guesting with INXS on "The Loved One" and "Good Times" in tribute of Michael Hutchence for their first public performance since his death.