The annual dance industry gathering happens at the Mondrian Ibiza and Hyde Ibiza hotels this April 23-25.
The May 14 ceremony will also salute the previous year’s top composers for film, TV and visual media.
“Tonight was a fantastic celebration of Australian music and the remarkable artists this country produces,” said editor-in-chief Neil Griffiths.
The event marked the end of BMI’s run hosting the dinner, with plans for NAB to continue the Hall of Fame tradition moving forward.
Big Machine Music, Jordan Davis, Jessie Jo Dillon and "The Painter" lead winners for this year's ceremony.
The star has won three American Music Awards and has performed on the show more than 10 times.
Both artists have been nominated multiple times on their own.
The Brooklyn-based ceremony adds seven new categories this year.
It’s the 15th Broadway cast album to receive this honor, and the first from a show that premiered after 1979.
This year's selections also includes Freddy Fender’s bilingual country crossover hit "Before the Next Teardrop Falls."