The Redback Gift is a 100m handicap race run by a finalist from each age group with the finalist and handicap based either on the recorded to date season best times or the fastest heat time on the day of the Gift in 70m or 100m races. There are separate boys and girls finals.

Each competitor in the Redback Gift final will start from a mark on the track determined by handicap.  As a result, the slower age group runners run a shorter distance, and the fastest age group runner is the back marker.