Both clubs were back in the grand final after recent unsuccessful attempts. Carlton had played in the grand final in
1993, which it had lost against Essendon; Geelong was back after having lost the
previous year's premiership decider. Geelong had finished runners-up in three of the past six grand finals (in
1989,
1992 and
1994), and was looking for its first flag since
1963. At the conclusion of the
home and away season, Carlton had finished first on the AFL ladder with 20 wins and 2 losses, winning the
McClelland Trophy. Geelong had finished second with 16 wins and 6 losses. In the lead-up to the grand final, Carlton defeated the
Brisbane Bears by 13 points in the fourth qualifying final, thereby earning the week off, and subsequently defeated
North Melbourne by 62 points in the second preliminary final. Geelong defeated
Footscray by 82 points in the third qualifying final before defeating
Richmond by 89 points in the first preliminary final. This grand final was billed as having the potential to be the best in years, with Carlton and Geelong finishing first and second on the ladder respectively and both in really good form. Geelong looked like it had its best chance of winning a premiership since claiming the
1963 flag, after crushing Footscray and Richmond in the previous two weeks of the finals. Carlton, on the other hand, were the standout team of 1995—the first team ever to win 20 home-and-away matches. ==Match summary==