Australian Olympic Committee President John Coates has reaffirmed the AOC's goal of finishing in the top five nations at the 2016 Olympic Games in Rio de Janeiro.
Coates outlined the Winning Edge game plan on Thursday, aimed at restoring Australia to the top five nations in the Olympics.
This year in London, Australia dropped out of the top five in overall medals for the first time since the 1992 Olympics in Barcelona.
Coates also reaffirmed their target of finishing in the top 15 nations at the 2014 Winter Olympics in Sochi.
"We are pleased that the ASC (Australian Sports Commission) and the AIS are unequivocal in their Winning Edge game plan in sharing these medal performance targets," Coates said in a statement.
"Our Olympic sports received a wake-up call in London. We and our sports simply cannot get back to being one of the top five nations again without the concerted support of the ASC, AIS and the State Institutes and Academies.
"Like the ASC, the AOC is convinced that high performance success is inextricably linked to strong grassroots participation and will continue to play our part in encouraging this through our Olympic Education Program and getting our Olympians out into schools and the general community."