Australia have won the last two World Cup tournaments

A decision on who will host the event is to be made next June, with India leading a united Asian bid.

Chief executive James Sutherland said Cricket Australia wants to host the event, perhaps with New Zealand.

"We're waiting for an indication from the ICC about the bidding process and what we need to do," said Sutherland.

"There's a chief executives meeting in February and we hope to find out the details and the timeline then, though that doesn't leave us much time."

Australia and New Zealand jointly hosted the World Cup in 1992, while Indian, Pakistan and Sri Lanka all played host four years later.

We'd certainly be interested in any ICC event but the reality is that most of the commercial revenue comes from Asia Cricket Australia's James Sutherland

Under the ICC's unofficial rotation policy, Australia would be first in line to host the 2011 event, but the policy is under review.

The ICC's current agreement with their marketing partner, the Global Cricket Corporation, runs out after the 2007 World Cup in the West Indies.

And a new formal process of bidding for major events could be introduced.

The country gets a chance to show its potential next year when it hosts the ICC Champions Trophy, which involves all the major cricketing nations.

"We'd certainly like to think that we're not that far from hosting a World Cup, if not 2011 then certainly 2015," Sutherland told the Reuters news agency.

"Our main concern is getting the best for world cricket, and if scrapping the rotation policy is the best thing for world cricket, then we'd support that.

"We'd certainly be interested in any ICC event but the reality is that most of the commercial revenue comes from Asia, especially India."