Australia would cap a remarkable 12 months if they manage to justify being amongst the favourites in Bangladesh and win the trophy for the first time.
It is hard to believe less than a year ago, under coach Mickey Arthur, this was a team only ever hitting the headlines for the wrong reasons, regularly succumbing to heavy defeats on the pitch and going through the embarrassment of the infamous 'homework gate' off it.
The turn around in fortunes Australia have gone through since is nothing short of miraculous; their attitude to the game is completely different under Arthur's replacement Darren Lehmann and they have discovered (or re-discovered to be precise) the most lethal bowler in the world.
Now their resolve will be tested again, with Mitchell Johnson ruled out of the tournament with an infected toe - now they have to find a man to replace what would surely have been four hostile overs, even on the much slower pitches Bangladesh provides.
Johnson is replaced by Doug Bollinger, a similar style of bowler but with a good deal less pace, but that may not prove to be a massive disadvantage here.
Even without Johnson, Australia's attack remains full of variation; Shane Watson's accurate guile, more potent left-armers in Mitchell Starc and James Faulkner and plenty of spin options.
Among them is the oldest player in the tournament, Brad Hogg, and at the other end of the spectrum the exciting leg-spin prospect James Muirhead who could well prove to be the squad's X-Factor.
Muirhead impressed in the 3-0 series win over England, three victories that came with the mixture of brilliance with bat and ball they will need on very different surfaces.
And that has to be their main concern. All of Australia's best Twenty20 form has come on quicker, bouncy pitches, something they will definitely not get in Bangladesh and something a lot of their younger players have not experienced.
Since the 2012 tournament they have played one T20 on the sub-continent and despite a superb 89 from Aaron Finch, they could not defend a target of 202, albeit without Johnson in their attack.
Runs should not be a problem with Finch one of the sport's up and coming stars - that innings in Rajkot last year came soon after he broke all kinds of world records with a scintillating innings of 156 off 63 balls at the Ageas Bowl in Southampton against England.
The rest of their top order is solid, filled with players who can score quickly if in the mood - Cameron White, Watson, Glenn Maxwell, Brad Hodge and of course David Warner have all been there and done it at some point in their career.
Now it is just a case of hoping their momentum continues for another month, they can overcome the loss of Johnson and that the change of scenery and playing conditions do not prove too much to stop their juggernaut.
Squad: George Bailey (capt), Doug Bollinger, Dan Christian, Nathan Coulter-Nile, James Faulkner, Aaron Finch, Brad Haddin, Brad Hodge, Brad Hogg, Glenn Maxwell, James Muirhead, Mitchell Starc, David Warner, Shane Watson, Cameron White
Who will win the 2014 ICC World Twenty20?