The Doug Moran National Portrait Prize is an annual Australian portrait prize founded by Doug Moran in 1988, the year of Australia's Bicentenary. It is the richest portrait prize in the world with A$150,000 awarded to the winner. The prize is acquisitive; "the winning portrait immediately becomes the property of the Moran Arts Foundation, to be exhibited permanently as part of the Moran Arts Foundation Collection".

Peter Wegner is a Melbourne-based figurative painter, sculptor, and draughtsman. His work hangs in many galleries in Australia, and he is known for winning the Archibald Prize in 2021.