Mike Hussey will captain the Prime Minister's XI when they take on England at Manuka Oval in January.
Hussey played 79 Tests for Australia from 2005-2013 and 185 ODIs from 2004-2012.
In a stellar international career, Hussey made 6235 Test runs at 51.52 including 19 centuries, and 5442 ODI runs at an astonishing ODI average of 48.15.
"It's a tremendous honour to be selected to captain the Prime Minister's XI," said Hussey.
"Having played in the Prime Minister's XI before, I know how important this fixture is on the Australian cricketing calendar, and it is a great tradition.
"In the past two years Ricky Ponting and Brett Lee have been captains of the team, so it's humbling to follow in the footsteps of two icons of Australian cricket."
The rest of the team will also be selected by Cricket Australia's National Selection Panel (NSP) with input from the Prime Minister, and will be announced in the coming weeks.
The Prime Minister also announced that Stand Tall for PTS will be the official charity partner of the match. Stand Tall for PTS aims to raise awareness about Post Traumatic Stress Disorder (PTSD). Its founder, Tony Dell, played two Tests for Australia from 1971-74.
Prime Minister's XI v England
Wednesday 14 January at Manuka Oval, Canberra