Shelley Cave and Murray Jack have been reappointed.
Arthur Grimes has become a board members, after being an associate.
Commerce Minister Craig Foss said: "They have been with the FMA since its establishment in 2011 and I am pleased that the Governor-General concurred with my recommendation for their reappointment. They will continue to bring strong institutional knowledge and their respective areas of expertise to the board."
He thanks Colin Giffney and Bruce Sheppard for their service on the FMA board.
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