Designed as an invitational award, The Gold Award aims to acquire contemporary Australian painting to Rockhampton Art Gallery’s collection by means of the most outstanding work or works by an artist awarded a cash prize of $50,000 and acquired by Rockhampton Art Gallery. The Award was conceived in 2010 when the then Rockhampton Art Gallery Trust received a substantial bequest from the Estate of Moya Gold for the acquisition of Australian paintings. With industry review and guidance, the Trustees advised to expend the interest accumulated by the Gold Trust to fund a new painting award. Now in its fourth iteration The Gold Award has become a premier biennial event of national significance. Presented by Rockhampton Art Gallery, The Gold Award is a joint initiative of Rockhampton Art Gallery Philanthropy Board and Rockhampton Regional Council.

The Gold Award 2018 has been judged by Simon Elliott, Deputy Director, Collection and Exhibitions, Queensland Art Gallery | Gallery of Modern Art.

Bundit Puangthong was selected for the Gold Award in 2018.