The Boomers will be based on the Japanese island of Okinawa after landing in a charmed basketball World Cup group against the tournament's co-hosts, Finland and Germany.
The draw for the tournament, beginning on August 26, was made in the Philippines on Saturday night.
Olympic bronze medallists and world No.3 Australia will chase a maiden World Cup medal at the tournament, which is being held on the tiny Japanese island, Jakarta in Indonesia and Manila in the Philippines.
Should Australia finish in the top-two, their next phase will match them against the top two finishers in the other Okinawa pool of Slovenia, Georgia, Venezuela and Cape Verde.
Winners then move onto the finals stage in Manila.
Australia were cruising towards a breakthrough medal at China's World Cup four years ago before crumbling in a semi-final, double-overtime loss to Spain.
They then coughed up a healthy lead over France in the bronze medal game to finish fourth and ensure the wait for some maiden international silverware stretched on to Tokyo's 2021 Games.
Germany are ranked 11th in the world, 24th-ranked Finland will play just their second World Cup while Japan sit at No.36 in the world.
It's a relatively kind draw for Brian Goorjian's side, who are set to feature a swag of NBA talent including emerging star Josh Giddey alongside veterans Patty Mills and Joe Ingles.
New Zealand were not so lucky, drawn to face the United States, Giannis Antetokounmpo's Greece and Jordan in a blockbuster Manila pool.
Luka Doncic's Slovenia, who the Boomers beat for bronze in Tokyo, headline the other Okinawa group, while defending champions Spain have Brazil in their pool.
France, likely to feature NBA draft sensation Victor Wembanyama, and Canada will clash in Jakarta in a likely battle for top spot in their pool.