Far Out Corporation was a band led by late singer-guitarist Grant McLennan, mostly known as a singer, songwriter and guitarist for Australian rock group The Go-Betweens. McLennan started the group with Ross McLennan (no relation) on drums, Dave Graney's bass player Adele Pickvance and Powderfinger's guitarist Ian Haug. The band was formed as a side project for all its members other than Ross McLennan, as they all were members of larger rock bands than Far Out Corporation. The group's name is a reference to the rock supergroup Far Corporation. In 1998, the group recorded their first and only album, which was named FOC after the initials of the band's name.

In late 1999, McLennan's old band The Go-Betweens unexpectedly reformed, and McLennan brought Pickvance into the new Go-Betweens line-up. At this point, Far Out Corporation ceased to be an active entity. On May the 6th, 2006, lead singer Grant McLennan died, and the group is no longer together.