Organisers are expected to revise their target of 100,000 dollars for more fund-raising over the remaining four scheduled days of the SCG Test.
A special match has been arranged on January 10 at the Melbourne Cricket Ground between a Rest of the World XI and an Asian XI with all proceeds going to the relief fund.
Ricky Ponting will lead the Rest of the World side, which also includes world cricket stars Brian Lara, Shane Warne, Adam Gilchrist, Glenn McGrath, Stephen Fleming, Matthew Hayden and Darren Gough.
The Asian team will be announced on Monday.
The December 26 tsunami, which was triggered by an earthquake off the coast of Indonesia's Aceh province, has killed at least 127,000 people with the toll mounting.