Some opponents, however, argue the move would hand excessive powers to the Indigenous body, while others have described it as tokenism and toothless.
A Guardian poll this week showed more Australians are planning to vote no in the referendum than yes, a first in the survey.
Parties on both sides of a debate released official pamphlets last month, and are holding road shows about the upcoming vote.
"I believe Australia is ready," he said in a radio interview on Wednesday, which marked World Indigenous Day.
Albanese has said the referendum will be held between October and December, but has given no fixed date.
Persons:
Albanese, Matt Qvortrup, Anthony Albanese, Warren Mundine, Dean Parkin, Qvortrup, Praveen Menon, Lincoln
Organizations:
SYDNEY, Guardian, ANU College of Law, West, Thomson
Locations:
Australia, Torres, West Australia