There is Group 1 racing in both states with Flemington hosting the Australian Cup, while up at Rosehill, the Tancred Stakes and Vinery for the fillies are the highlights.
Saturday's racing comes from Flemington which hosts the Newmarket and All Star Mile, while up at Randwick the Canterbury Stakes and Randwick Guineas are the highlights.
Flemington hosts racing on Saturday with the Australian Guineas for the three year olds being the Group 1 feature.
Racing comes from Flemington on Saturday where perfect - slightly cooler - conditions and a firm surface await.
The traditional New Year's Day meeting at Flemington has been shifted to New Years Eve, with two black type races on the eight race program.
The final field is locked in for the 165th running of the race that stops a nation at Flemington. Best bets and comments for every runner in the Melbourne Cup are below.
Flemington hosts its iconic Derby Day meeting which includes three Group 1 races, the Derby, the Coolmore Stud Stakes, and the Empire Rose.
The greatest day on the Australian racing calendar is upon us. At Randwick, it's the Everest, while at Caulfield, it's Cup day. Conditions should be ideal at both venues.
It's one of the great days on the turf calendar with the Turnbull Stakes the highlight in Melbourne while up in Sydney, it's Epsom day.
Flemington hosts the Group 1 Makybe Diva Stakes on Saturday, alongside a host of other black type races.