This war memorial is a fluted column, surmounted by an orb. The column stands on a decorative pedestal, which bears four tablets. Three of the tablets are inscribed with honour rolls for the First and Second World Wars. Names for the Korean and Vietnam Wars have been added to the fourth tablet, which also contains the dedication.
The memorial was constructed by Anselm Odling and Son under the supervision of Mr T Collier, local manager for the stonemason company D B Acton and Co of Mudgee and Sydney. The paths and gardens surrounding the monument were designed by Alderman Mr C Knight, President of the Fallen Soldiers' Monument.
By November 1920, a proposal had developed for a memorial dedicated to fallen soldiers from Mudgee and the surrounding district. A meeting was convened by the Mayors of Mudgee, Cudgegong and the President of the Meroo Shire on 29 November to discuss construction and proposed costs of £2,000. In December a sub-committee comprising of the Mayors of Mudgee and Cudgegong, the Secretary of the Mudgee RSL, Alderman G F Oram and Mr T Austin was appointed to raise subscriptions for the new memorial and by mid February 1921, funds raised totalled £350 (Mudgee Guardian and the North-Western Representative, 2 December 1920; 13 December 1920).
By mid 1921 the style of the monument had not been selected due to dependence on the funds raised. In October a meeting of the Soldiers' Memorial Committee appointed Mr T Collier to the committee. At a meeting in April 1923 the committee revealed that voluntary subscriptions had failed to pay the cost of the memorial, with £1,070 raised, and with an increase in costs an additional £500 was required. Further fundraising events and activities were organised during the year including grand socials in June and July, a queen competition and a Monster Procession Sports and Carnival in October (Mudgee Guardian and the North-Western Representative, 15 October 1923).
The memorial was finally unveiled at a dedication service held on Anzac Day, 25 April, 1925. Alderman Knight, President of the Soldiers' Memorial Committee, presided over the event with speakers including Mr W F Dunn, MLA, and several members of the clergy. The mothers of four deceased soldiers performed the unveiling of the honour roll, which contained 94 names, after which followed a religious service. A glowing tribute to the heroes was received from General Monash in a message for the dedication (Mudgee Guardian and the North-Western Representative, 27 April, 1925).
Various commemorative services are held at the memorial site.