Jhye Richardson has been named in Australia's squad for the three-game ODI showdown against South Africa, though he will sit out the series with New Zealand.

Richardson returned to the international mix for three Twenty20s in South Africa, where the third and final game will be played on Wednesday, though the paceman has been overlooked for the first two clashes.

However, Richardson could feature in the 50-over format following his selection in Australia's ODI team to face the Proteas, starting in Paarl on Saturday.

Richardson, 23, will remain in South Africa after Australia announced their 14-man squad for a three-game series against trans-Tasman rivals New Zealand from March 13-20.

"It has been a pretty tough road to get back, a few ups and downs, a few plateaus here and there. Just being here around everyone and this setup again is fantastic. Everyone is in a great frame of mind and extremely positive," said Richardson, who suffered a shoulder injury prior to last year's Cricket World Cup.

"I am absolutely ready to go. I feel I am bowling as well as I have for a long time. Hopefully there's an opportunity."

National selector Trevor Hohns added: "Jhye is performing exceptionally well, as we saw throughout the Big Bash. He has slotted back into the T20 squad in South Africa and is pushing for a place in that side.

"We are very fortunate to have such a deep pool of fast bowlers. Jhye has earned his place after the hard work he has done to get back into his best form after serious injury.

"Keeping him in South Africa with the one-day squad gives us another exceptional fast bowler who is ready to go."

Australia will face New Zealand in back-to-back ODIs at the SCG in Sydney on March 13 and 15 before hosting the Black Caps in Hobart on March 20.

Australia ODI squad to face New Zealand: Aaron Finch (c), Ashton Agar, Alex Carey, Pat Cummins, Josh Hazlewood, Marnus Labuschagne, Mitchell Marsh, Kane Richardson, D'Arcy Short, Steve Smith, Mitchell Starc, Matthew Wade, David Warner, Adam Zampa.