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Australia is set to host England in a one-off Test at the iconic Melbourne Cricket Ground (MCG) in 2027 to celebrate 150 years of Test cricket.

The match will celebrate a century-and-a-half of Test cricket since it was first played between Australia and England in March 1877 which was won by Australia by 45 runs.

Cricket Australia (CA) has finalised the allocation of hosting rights for various men's international Tests, ODIs, T20Is and other matches over the next seven summers, spanning from 2024-25 to 2030-31.

"We are enormously grateful for the strong support of state and territory governments and venue operators who will help us to deliver brilliant experiences across the country and maximise economic impact from these major events," CA CEO Nick Hockley was quoted as saying by cricket.com.au.

"The 150th anniversary Test match at the MCG in March 2027 will be a wonderful celebration of the pinnacle format of the game at one of the world's great sporting arenas and we can't wait to host England on that occasion."

The arrangements had also put to rest speculations about shifting the annual Boxing Day Test from the MCG, which is a tradition, while the Sydney Cricket Ground will continue to host the New Year's match.