The 12 new models arrived at the Holsworthy Army Barracks for an obstacle course challenge that saw one of them eliminated from the competition. Upon arriving to their new home, the models were surprised to find that they would be sharing the home with a new contestant. After meeting their personal trainer for a fitness session, the models were taught how to walk on the runway. At their first photo shoot, the girls were photographed nude whilst posing with jewellery.

• Special guests: Adam Hill, Craig Wing, Michael Boyd, Victoria Fischer, Andrea & Joen, Jayne Wild
• Featured photographer: Dean Tirkot

The contestants received makeovers and were later taken to the Napoleon Perdis cosmetics company for a make-up lesson. They then arrived at the Hilton hotel for a party with Beau Brady and Cleo editor Nedahl, in which they were secretly being judged on their behaviour. For the photo shoot the models had to pose with circus staff while dressed in lingerie. The contestants were also treated to a special dinner with cycle 1 winner Gemma Sanderson.

• Special guests: Jayne Wild, Emanuel Perdis, Beau Brady, Nedahl Stelio, Leonie Looser, Mark McVeigh, Andrew Welsh, Adam Hill, Sharon-Lee Hamilton, Gemma Sanderson
• Featured photographer: Marc Debnam

The remaining contestants took a class at the National Institute of Dramatic Art and were later taken to a theater where they had to perform a series of acting-related tasks. For the photo shoot, each girl drew a different emotion from a hat that she would later have to portray.

• Special guests: Mark Gaal, Cameron Knight, Rebecca De Unamuno, Justin Hemmes, Christina Fitzgerald, Adam Hill, Connor Beaver
• Featured photographer: Georges Antoni

The models were taken to the bush to meet Tim Jarvis for a lesson on survival skills, and had to spend the night out in tents. Eboni was sent to the hospital after having back pain problems, while the other contestants completed a challenge to abseil down a cliff. At the shoot, the models were styled in country life fashion.

• Special guests: Tim Jarvis, Carl Reeves, Rai Thistlethwayte
• Featured photographer: Nick Leary

Caroline decided to drop out of the competition to focus on her studies, and the models met Olympic Gold Medalist Elka Graham. During a swimming session, Eboni lost all feeling in one of her arms and was sent to the hospital. The rest of the girls arrived at Latin Motion Dance Academy and learned a choreographed dance. After a posing challenge with Tigerlilly swimwear, Eboni found out about an artery in her neck could potentially cause her to have a stroke. She subsequently decided to drop out of the competition. While the other contestants focused on other competition tasks, Erika Heynatz visited Eboni at the hospital and assured her that if the doctors gave the okay, she could come back into the competition. The remaining contestants had a swimwear photo shoot with male models.

• Special guests: Adam Hill, Elka Graham, Michael Boyd, Dr. Richard Parkinson, Tracy Baker, Mick O'Rafferty, Jodhi Meares
• Featured photographer: Simon Upton

The girls travelled to Bridge Climb, and climbed the Sydney Harbour Bridge. It was then revealed that Eboni would be returning to the competition. The women were briefed on the importance of the media and being good role models to build their credibility. Tension later ensued over Eboni's return. For the challenge the models were interviewed by Natalie Michaels for Sky News. For the photo shoot the models arrived at Central Coast Stadium and learned that they would be shooting a 5-page editorial spread for Cleo magazine.

• Special guests: Dr. Richard Parkinson, Peter Metzner, Adam Hill, Natalie Michaels, Peter Evans, Victoria Tullock, Jo Ferguson, Nedahl Stelio

The models learned about marketing and were interviewed by Erika Heynatz before being sent to the Chic Modelling Agency for them to learn how to market themselves. They also had a styling and fashion lesson followed by go-sees. The contestants later had lunch with Antonia Kidman, and attended an event for raising the awareness of breast cancer. For the shoot, the models were suspended from ropes wearing Terry Biviano shoes.

• Special guests: Ursula Hufnagl, Kathy Ward, Jo Ferguson, Dianne Taylor, Napoleon Perdis, Bianca Spender, Camila & Marc, Wayne Cooper, Antonia Kidman, Terry Biviano, Ashleigh Swift
• Featured photographer: Liz Hahn

The top three Contestants met Australian designer Charlie Brown, and later took part in their final photo shoot before practicing for the final runway show. After one final elimination, the two remaining finalists were taken to Cargo Lounge in Sydney Harbour for the final show. The judges deliberated one last time and had a look at each girls' progress throughout the series, and Eboni was revealed to be Australia's Next Top Model.

• Special guests: Charlie Brown, Jonathan Pease, Jesse Margolis, Nikita Semak
• Featured photographer: Nick Leary

The cycle 2 contestants reunited with host Erika Heynatz to discuss their time and experiences on the show.