The tournament will be held from December 15-18 at Victoria Golf Club, later than last year after losing its traditional November time-slot.
Along with Donald, fellow Englishman and world number 14 Ian Poulter has committed to the event, as has Australia's defending champion Stuart Appleby.
"I have never played in Australia but I have heard so many great things about the sandbelt courses, the people there, and the country's culture," Donald said.
"I am really looking forward to the trip and the experience."
However Woods, who won the tournament in 2009 and was again a major drawcard last year, will be absent.
David Rollo, vice-president of promoter IMG, said there were high hopes of attracting more top-class overseas players, as well as a strong Australian contingent.
The Victorian Government has committed to continuing to help fund the tournament this year and in 2012 and 2013, saying it provided a significant economic boost to the state through tourism.
-AFP
Tags: sport, golf, vic, melbourne-3000
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