Live Nation Australia's hugely anticipated first assignment will feature the biggest band in the world and the No. 1 hip-hop artist on the planet, Billboard.biz can reveal.

The promoter giant's newly formed Australian affiliate is behind the upcoming U2 360 tour, which will take a detour down under in November. Rapper Jay-Z will join the party as a special guest.

U2's 360 tour will pull in to Auckland's Mount Smart Stadium on Nov. 25, then move on to open-air venues in Melbourne, Brisbane, Sydney and conclude Dec. 18 at Perth's Subiaco Oval, marking the first time the Irish group has played the Western Australian capital since the "Popmart" tour in 1998.

The Australasian dates announced today are produced by Live Nation Global Touring in association with Michael Coppel Presents (MCP) and Live Nation Australia.

In all five cities, tickets will be available from $39.90 ($35.70). Billboard.biz can report that roughly 45% of all tickets will priced under $100 ($89). Tickets go on sale Sept. 3, while U2.com subscribers can snap-up tickets ahead of the public on-sale.

Live Nation Australia opened for business on July 1. Based in Melbourne, the company is headed-up by two experienced hands in company veteran Luke Hede and former MCP executive Roger Field.