Over the last twenty years, Australia experienced a significant boom in forensic psychology training programs, which was followed by a progressive dwindling in postgraduate forensic psychology degrees. Currently three programs remain within Australia. This has come at a time of considerable debate regarding the most suitable graduate training model for all psychologists, including forensic psychologists. Consequently the Australian Psychological Society College of Forensic Psychologists has focused attentions on revising core competencies required for forensic practitioners in the field. The current paper provides the context of the challenges for forensic psychology in Australia, prior to outlining forensic psychology competencies as outlined by the College. The identified competencies cover generic and specific skills required in forensic evaluation, as well as therapeutic skills required for working with forensic populations.