The Institute of Arbitrators and Mediators Australia was formed in 1975 to bring people from various professions and industries into a single professional organization to exchange views and information and to promote the settlement of disputes by arbitration. The Institute has a panel of skilled and experienced arbitrators covering many commercial areas and professional disciplines. The specialist areas include construction and engineering, law, finance, accounting, industrial, real state, information technology, insurance, maritime, health service, local government and many others.

The Institute of Arbitrators and Mediators Australia aims to serve the community, commerce and industry by facilitating efficient dispute resolution methods including mediation and conciliation.

- Regular training for potential arbitrators or those who wish to increase their knowledge of arbitration. The Institute is the only body in Australia responsible for training, examining and qualifying persons to act as arbitrators.

- The Institute maintains a trust account for the costs and fees of the process.