- To promote and defend the moral basis for free markets, the rule of law and Australian constitutional democracy.
- To promote discussion about the benefits of free trade and highlight the costs and pitfalls of protectionism be they through tariffs, quotas or other impediments to free trade.
- The role of government in damaging the economic structure of the nation through intrusive regulation of economic life.
- To honour the contribution made by Bert Kelly to Australian political and public life.