Apart from Renshaw's inclusion in place of Warner, there are no changes to the squad which beat Pakistan by eight wickets in the third and final test to sweep the series 3-0 last week.
Steve Smith and Travis Head join top-ranked Marnus Labuschagne following their centuries in the ICC World Test Championship Final against India.
Images from Day 4 of the third Test between Australia and India in Brisbane on Tuesday.
Sydneysider Warner went into the current series with question marks over his form due to a lack of test runs, but a rapidfire 164 in the first innings of the opening test in Perth erased any doubts over his position in the team.
Emboldened by Australia's remarkable turnaround in the ODI series against India, vice-captain Alex Carey Tuesday said they are confident of entering the World Cup with a squad good enough to play like defending champions.
Marsh, Smith dig Australia out of a hole in Pakistan Test
Ahead of the ICC Men's ODI World Cup 2023, here's a full list of the final squads of all ten teams.
FIXTURES (Start at 14.40 local, 0910 IST, 0340 GMT)
The Indian team, set to play the second Test against Australia from Friday, had to switch hotels in New Delhi.
The Australians 'swept' their way to self-destruction in the face of the Indian spinners' guile in the second Test in Delhi on Sunday.
Australia are on the cusp of a series victory in Sri Lanka and captain Pat Cummins believes the exposure to sub-continental conditions augurs well for their next big target of winning a Test series in India next year.
Starc took five wickets for 48 runs and Josh Hazlewood 3-11 as Australia bowled out the West Indies for 123 to win the 1st ODI
Images from Day 3 of the second Test between India and Australia, at the Arun Jaitley stadium in Delhi, on Sunday.
Former India left-arm spinner Murali Kartik, one of the most astute readers of the game, explained Jadeja's lethal transformation during the World Cup compared to earlier years.
Pat Cummins took 10 wickets to lead Australia to Pakistan series triumph
The fourth Test will be played from January 5-9 at the SCG, with Australia having retained the Ashes after winning the first three games.
Australia at least on paper, can't be rated ahead of India and England during this edition of the tournament.
Steve Smith made 105, his 12th ODI century, to help Australia overcome a sluggish start
Two teams with fault lines in their batting, up against two of the best bowling sides in the game today -- the question that determines the outcome is, is your weakness greater than mine?
India will be hoping to pull off a miracle on Sunday by surviving Australia's relentless bowling onslaught.
Images from the World Cup second semi-final between England and Australia in Birmingham, on Thursday.
All-rounder Marco Jansen shone with bat and ball as South Africa won the fifth and final One-Day International against Australia by 122 runs.
Mitch Marsh, an integral part of the Australian squad, has returned to his hometown of Perth for personal reasons
Ahead of the WTC final between India and Australia, Ricky Ponting picked Australia's playing XI.
Khawaja and Green were the bedrock of Australia's innings
Mitchell Starc and Adam Zampa collected three wickets apiece in Australia's eight-wicket demolition of Zimbabwe on Wednesday, giving the home side an unassailable 2-0 series lead from the second One-Day International at Riverway Stadium in Townsville.
This is Ravichandran Ashwin's sixth stint at the top of the rankings. He first became number one in December 2015.
Ashwin gained two places after taking six wickets in India's emphatic victory over Australia in the second Test in New Delhi.
India's batting megastars will be desperate to clear the cobwebs from their head in pursuit of a second successive World Test Championship final berth as they take on Australia in the series-deciding fourth Test in Ahmedabad from Thursday.
IMAGES from Day 3 of the 3rd Test played between Australia and Pakistan at SCG on Friday.
David Warner and Ashton Agar were included in Australia's squad for next month's one-day international series in India on Thursday despite being sent home from the test tour this week.
Their house in complete disarray after consecutive defeats, Australia will look to wake up from the slumber and return to winning ways against an equally stuttering Sri Lanka in the World Cup match in Lucknow on Monday.
Legendary pacer Glenn McGrath has slammed England for playing casual cricket against Australia in the ongoing Ashes.
Former ICC elite umpire Simon Taufel said people cite the 'spirit of the game' when they don't like a dismissal under the laws of cricket.
'He (Rizwan) is a very honest person and he said to me he did not even feel that it touched anywhere near the gloves.'
Cummins won an important toss but Australia could not quite vindicate his decision to bat
India launched their home World Cup campaign with a six-wicket victory over Australia after Virat Kohli and KL Rahul guided them through a jittery run chase on Sunday.
Dinesh Chandimal smashed 118 not out and Kamindu Mendis produced a half-century in his debut Test to help Sri Lanka eclipse Australia's first innings 364 on day three of the second Test in Galle on Sunday.
The Indians lost their last seven wickets for the addition of just 70 runs on the final day of the contest.
Australia declared their first innings on 556 for nine and then skittled out Pakistan for 148 to seize control of the second Test in Karachi on Monday.