The 60c base-rate stamp features the statue of an Australian Light Horseman in the Park of the Australian Soldier at Beersheva in Israel. The statue is the work of Australian sculptor Peter Corlett. The $2.60 stamp features contemporary images of Australian Light Horsemen. The battle scene, once considered to be a photograph of the actual Battle of Beersheba, is now accepted to be a re-enactment made the following year.
The Battle of Beersheba took place on 31 October 1917 and was part of a wider British offensive known as the third Battle of Gaza during World War I. The final phase of this day-long battle was the famous mounted charge of the 4th Light Horse Brigade, widely considered to be the last great mounted charge in military history. Thirty-one Australian Light Horsemen were killed in the charge and 36 were wounded. The capture of Beersheba allowed British Empire forces to break the Ottoman line near Gaza and then advance into Palestine, a chain of events which eventually culminated in the establishment of the state of Israel in 1948.