MELBOURNE: Australia have dropped out-of-form limited overs specialist Glenn Maxwell from the squad for the one-day international series in Sri Lanka next month, the country's cricket board announced on Sunday.

Nicknamed "Big Show", the 27-year-old all-rounder made 46 not out help Australia reach the final of last month's tri-series in West Indies but could only muster a combined tally of seven runs in three others innings in the tournament.

"We know Glenn can be a match-winner for Australia but his current form doesn't warrant selection," national selector Rod Marsh said in a statement.

New South Wales all-rounder Moises Henriques joins the squad, while batsman Shaun Marsh returns following the birth of his first child.

Australia, who are trailing 1-0 in the ongoing three-test series against Sri Lanka, will play five one-day internationals against the South Asians beginning on August 21 in Colombo.

Australia ODI squad: Steve Smith (captain), David Warner, George Bailey, Nathan Coulter-Nile, James Faulkner, Aaron Finch, Josh Hazlewood, Moises Henriques, Usman Khawaja, Nathan Lyon, Mitchell Marsh, Shaun Marsh, Mitchell Starc, Matthew Wade, Adam Zampa