The accompanying artwork sees a timeline of Minogue's various styles throughout the years, arranged into a CD-shaped circle.
The new greatest hits set will feature a brand new track titled ''Cos You're Beautiful', which was co-written by Minogue's former X Factor contestant Ruth Lorenzo.
It will also feature Dannii's duet with her sister Kylie Minogue for a cover of ABBA's 'The Winner Takes It All', which was originally on the soundtrack of BBC series Beautiful People.
This Is It: The Very Best Of will feature 24 tracks in total and is currently scheduled for an Australia and UK release.
Tracklist:
1. 'Love And Kisses'
2. 'Success'
3. 'Jump To The Beat'
4. 'Baby Love'
5. 'I Don't Wanna Take This Pain'
6. 'Show You The Way To Go'
7. 'This Is It'
8. 'This Is The Way'
9. 'Get Into You'
10. 'All I Wanna Do'
11. 'Everything I Wanted'
12. 'Disremembrance'
13. 'Coconut'
14. 'Who Do You Love Now'
15. 'Put The Needle On It'
16. 'I Begin To Wonder'
17. 'Don't Wanna Lose This Groove'
18. 'You Won't Forget About Me'
19. 'Perfection'
20. 'So Under Pressure'
21. 'He's The Greatest Dancer'
22. 'Touch Me Like That'
23. 'The Winner Takes It All' (duet with Kylie)
24. ''Cos You're Beautiful'
Watch the music video for Dannii Minogue's 'Put The Needle On It' below: