Speculation is mounting down under that veteran Aussie promoters Michael Gudinski and Michael Chugg are co-ordinating simultaneous stadium concerts in support of the country's bushfire and flood appeals.

Word is that the 100,000-capacity Melbourne Cricket Ground and the 45,000-plus capacity Sydney Cricket Ground will host concerts on March 14, while unconfirmed reports suggest the likes of Foo Fighters, Coldplay, Kings Of Leon, Jimmy Barnes, the Veronicas and a reunited Midnight Oil could be among the names on the bill. Coldplay is touring Australia shortly and the U.K band is booked to play Sydney Acer Arena that evening.

Confirmation of "two major music industry bushfire and flood relief concerts" was made in an email late this afternoon inviting the media to a Feb. 24 press conference at the MCG.

News of the benefit concerts emerged from an unlikely source - the sports pages. Australia's cricket administrators are in a quandary about its centrepiece state final, which is booked-in for March 13-17 at the MCG - a time and place at loggerheads with the mooted event.

At least 209 people are confirmed dead as a result of the bushfires which have raged across areas of Victoria, in the south east of Australia, while areas in the north of the country have been battling major floods, causing damage estimated in the hundreds of millions of dollars.