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In June 2000 Mentoring Australia, the national association for mentors and mentoring programs, gathered a group of mentoring practitioners, all of whom had significant experience in the development and management of mentoring programs, to participate in a workshop. The aim of the meeting was to develop a set of principles which would guide the development, management and funding of quality mentoring programs in Australia. The principle aim of these principles, or benchmarks, is to enhance the rigour of mentoring programs by setting standards for responsible mentoring. The benchmarks are also recommended as a platform for government and other bodies to determine eligibility for funding support to mentoring programs. This document outlines a core set of principles which is recommended for use in establishing and managing effective mentoring programs and is designed for use by mentors, managers, and government and other funding agencies. It offers an example of a quality checklist for mentoring programs including evaluation and assessment.