Norman, who was officially inducted into the Hall last Sunday in St. Augustine, Fla., will join the likes of Peter Lonard, Craig Parry, Rod Pampling and Paul Gow for the $1 million event at Royal Queensland.
Robert Allenby, the events defending champion, is also scheduled to compete.
Allenby took honors last year, and then went on to have a tremendous 2001 season on the PGA Tour, winning twice and finishing 16th on the money list with $2.6 million.
At No. 26 on the current World Golf Rankings, he has emerged as Australias best golfer in recent times.
An Allenby victory would match the two consecutive titles at the PGA that Norman himself took in 84 and 85.
Unfortunately, two of the country's brightest prospects will be missing from action this week, as Adam Scott and Aaron Baddeley will team up for Australia in the WGC-EMC World Cup in Shizuoka, Japan.