I'm also not against an initiative just because its 'American' - I think pro active recognition of those who have served their country - especially those who have come off the worse for it - is admirable. Just got to find the right balance.
There's other ways to serve your country though. How many construction workers are killed or maimed on the work site? How many paramedics suffer from PTSD as a result of what they see on a daily basis? What's the suicide rate amongst healthcare workers? I would argue that all of these professions give more to the country than serving in the ADF in 2018.
I absolutely think we should be helping people who have served in the form of healthcare, counselling and support groups to help the transition back to civillian life, but I don't see why they deserve any special recognition beyond what they already get in the form of ANZAC day and Remembrance day.