Cricket Australia has called off Bangladesh's tour of Australia later this year due to financial reasons, report suggests.

According to ICC's Future Tours Program (FTP), Bangladesh were scheduled to play two Tests and three ODIs in Australia in August-September this year. An ESPNCricinfo report said that 'Australian free-to-air broadcasters are understood to be uninterested in televising the series in the middle of the football season'.

Alternative options are being discussed and Australia may tour Bangladesh after the 2019 World Cup.

"We have proposed some options and are now waiting for their response," ESPNCricinfo quoted the Bangladesh Cricket Board CEO Nizamuddin Chowdhury as saying.

According to Australia chief James Sutherland, once the Test Championship begins from the second half of 2019, all teams must host the teams they are drawn against.

The last and only time Australia hosted Bangladesh was in 2003.