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- Captain John Macarthur, wool pioneer (1934) depicting a merino ram
- Garry McCoy, motorcycle Grand Prix rider (2004)
- Colleen McCullough, literary legend (2010)
- Scott McGrory, cyclist (2000) Olympic gold medal
- Ivor McIntyre, aviator (1994)
- Jean Macnamara,medical scientist (1995)
- David Malouf, writer (2010)
- Joe Marston, soccer (2012)
- Anna Meares, cyclist (2004, 2012) Olympic gold medal
- Dame Nellie Melba, opera singer (1963, 2009, 2011)
- Sir Robert Menzies, prime minister (1994)
- Paul Mercurio, actor Strictly Ballroom (1995)
- Don Metcalf, medical scientist (2002)
- Flight Sergeant Rawdon Middleton, recipient of the Victoria Cross (1995)
- Professor Nancy Millis, medical scientist (2002)
- Kylie Minogue, as television actor Neighbours, (2006)
- Matthew Mitcham, diver (2008) Olympic gold medal
- Sir Thomas Mitchell (1946)
- Sir John Monash, general (1965)
- Gladys Moncrieff, singer (1989)
- George Moore, jockey (2007)
- Tara Morice, actor Strictly Ballroom, (1995)
- Russell Morris, singer (1998)
- Helen Morse, actor Picnic at Hanging Rock (1995)
- Baron Ferdinand von Mueller, explorer (1948, 1996)
- Darby Munro, jockey (1981)
- Dame Elisabeth Murdoch, philanthropist (2008)
Read more about this topic: List Of People On Stamps Of Australia
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