The match, which will be played biennially, and from which the proceeds will be used to assist a selected number of financially disadvantaged countries, will follow the Autumn Internationals. It is anticipated that all the world's leading players will take part.
John O'Neill, Managing Director/CEO of the Australian Rugby Union said, "This initiative will help to re-establish and rejuvenate the game amongst proud rugby communities like Fiji, Samoa, Tonga and Romania, and help to create a much more competitive structure at the elite level".
Rian Oberholzer, Managing Director of South African Rugby added, "This represents a unique opportunity for the rugby community to unite and assist those countries experiencing financial difficulty."
Dr Syd Millar, former Irish and British Lions prop forward, and Chairman of the IRB Technical Committee will be responsible for appointing the coaches of the two teams and Michael Lynagh, newly appointed to the IRB in a development role, will act as Match Manager.
Following the match in Cardiff, the IRB will hold the Annual International Awards Ceremony at which the outstanding achievements of the rugby year, both on and off the field, will be recognised.
WRU Chief Executive Roger Lewis, Deputy Minister for Culture, Sport and Tourism Ken Skates and WRU Chairman Gareth Davies earlier this week launched a new competition in conjunction with the WRU unveiling its archive room.
Welsh players and management joined Deputy Minister for Sport Ken Skates at the Pierhead Building, Cardiff Bay earlier this week to reveal the Union's pioneering school-club hub initiative has been so successful the project will now almost double the scale of the original project.
The Scarlets, Newport Gwent Dragons, Cardiff Blues and the Ospreys look ahead to Judgement Day III which sees the Blues take on the Ospreys (2.30) and the Dragons tackle the Scarlets (4.45pm) at the Millennium Stadium tomorrow afternoon.
Ystradgynlais and Ynysddu played out a titanic struggle at Taffs Well in the SSE SWALEC Bowl semi-final. At the end of the game neither team could be separated after a 15-15 stalemate but Ystradgynlais go through on try count.
Blues strike first in JD III battle - Newport Gwent Dragons lock Andrew Coombs, WRU referee Dylan Llyr Jones and Cardiff Blues hooker Matthew Rees decide dressing room allocations for Judgement Day III
Wales Under 18 captain Calum Haggett has received a conditional offer to read Biomedical Science at St Anne's College, Oxford. WRU chairman Gareth Davies went to meet Calum and Coleg y Cymoedd Principal Judith Evans to wish him luck in his exams and pass on some of his personal experience.
Dodgy tattoos, carthorses, Avatar and soft chins are revealed by Wales Sevens players Tom Williams and Sam Cross as they profile the Wales Sevens squad taking part in Hong Kong this weekend in the latest round of the HSBC Sevens World Series.