From Tennis Australia:

Sunday 1 July, 2018

ATP approves World Team Cup event for Australia  

Statement from Tennis Australia CEO Craig Tiley:

“This is an exciting new era in men’s tennis.

“Upon finalising the agreement with the ATP we look forward to unveiling a stunning new global event in Australia to launch the season.

“The world’s top players will continue to start their year in Australia in a format that we believe will deeply engage the fans across Australia and throughout the world.

“It will be a great result to be able to stage the ATP World Team Cup within the current calendar while significantly improving player prizemoney.”