Gudinski is mostly known for forming the highly successful Australian record company Mushroom Records in 1972 through whom he signed several generations of Australian musicians and performers ranging from MacKenzie Theory, the Skyhooks, The Choirboys, Kylie Minogue, and New Zealand's Split Enz to newer artists such as Eskimo Joe, Evermore and others forging a string of successful releases by local talent.
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In its first few years Mushroom released albums and singles by some of the most significant Australian rock acts of the period, including Madder Lake, MacKenzie Theory, Matt Taylor and The Dingoes.
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