The campaign aims to alter the Constitution in Australia to recognise the country's indigenous population.

It will do this by establishing a body called the Aboriginal and Torres Strait Islander Voice which will feature representatives in Parliament and the Executive Government of the Commonwealth on matters related to indigenous people.

The vote is due to occur between October and December this year.

"The AOC is an organisation that believes reconciliation with our First Nations people must be achieved," said AOC President Ian Chesterman at the Annual General Meeting in Sydney.

"We have committed ourselves to pursue reconciliation with Aboriginal and Torres Strait Islander peoples through sport.

"That goal was embedded in our Constitution back in 2015.

"Yesterday in the joint meeting of the AOC Executive and the AOC Athletes' Commission, both the Executive and the Athletes' Commission resolved to record our support for the YES campaign at the upcoming referendum."

The AOC hopes that its stance will help it on its "road to reconciliation" with indigenous people.

The governing body changed its Constitution in 2015 to recognise indigenous communities and give practical support to reconciliation efforts. 

The meeting also saw deputy Chefs de Mission appointed to support Anna Meares at Paris 2024.

Olympic champion canoeist Kenneth Wallace, Athens 2004 hockey gold medallist Mark Knowles, double Olympic bronze medal-winning water polo player Bronwen Knox, and double Olympic hurdler Kyle Vander-Kuyp were all selected.

"Ken Wallace, an Olympic champion and four-times Olympian was outstanding in this role at Tokyo 2020 and has been Chef de Mission for the Australian team at the Pacific Games in Samoa 2018 and will be again in the Solomon Islands later this year," said Chesterman.

"Both Bronwyn Knox and Mark Knowles bring all the experience of four Olympic Games each in leadership roles with team sports.

"That is invaluable in the bigger picture of the Australian Olympic Team.

"Kyle Vander-Kuyp will act as the AOC's indigenous liaison officer - a role he performed outstandingly at Tokyo 2020.

"As well as offering support to our 16 First Nations athletes, he brought great meaning to all team members showcasing Australia's great indigenous history we all can share."

Chesterman noted that the Australian Olympic Foundation (AOF) finished the year with net assets of AUD171.8 million (£91.6 million/$115.9 million/€105 million).

Despite the investment portfolio performance being down 2.1 per cent, it compares favourably to the industry benchmark of a 3.3 per cent decrease.

The final act of the meeting saw three individuals awarded the AOC's highest honour, the Order of Merit.

Olympic gold medallist Steve Hooker, Channel Seven's former head of Olympics Andy Kay, and Seven West Media chair Kerry Stokes all received the award.