The announcement comes ahead of this Summer's Ashes Series.
Tim Paine has stood down as Australia's Test Cricket captain, after details about a sexting scandal emerged.
In an emotional press conference held in Hobart, Paine said it was a "difficult decision, but the right one for me, my family and cricket."
"Nearly 4 years ago, I was involved in a text exchange with a then-colleague," he revealed.
"At the time, the exchange was the subject of a thorough CA Integrity Unit investigation, throughout which I fully participated in and openly participated in. That investigation and a Cricket Tasmania HR investigation at the same time found that there had been no breach of the Cricket Australia Code of Conduct."
"Although exonerated, I deeply regretted this incident at the time, and still do today."
"I recently became aware that this private text exchange was going to become public. On reflection, my actions in 2017 do not meet the standard of an Australian cricket captain, or the wider community. I'm deeply sorry for the hurt and pain that I have caused to my wife, my family, and to the other party."
The shock announcement comes just 3 weeks out from the Ashes Series opener.
Pat Cummins is now set to become the first fast bowler to become captain in 65 years.
Watch Tim Paine's press conference here.
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