After being announced as coach in February, FFA CEO David Gallop told media at a press conference in Brisbane that Milicic could have his interim coach contact extended. 

However, these discussions weren't set to happen until after the completion of the FIFA Women's Cup.

"Hopefully, come July 7 we're talking about the future with Ante," Gallop said.

However, FFA confirmed a one-year contract extension was finalised on Friday for the 45-year-old and will oversee Australia’s qualification campaign for Tokyo 2020 early next year.

If successful, he will guide the Matildas to the 12-nation tournament in Japan. 

"There is no greater privilege than leading an Australian National Team so I am honoured to serve the Westfield Matildas for a further 12 months,” Milicic said.

“The continuity this will foster can only benefit the belief and preparation leading into the Women’s World Cup campaign in France, but more importantly I think it demonstrates the deep belief that I have in this special group of players.

“Personally, I want to join the players on this journey. I know that I can help them achieve something special for themselves not only individually, but for this team and for Australian football."

Assistant Coach Ivan Jolic also had his contract extended for the same period. 

Milicic is expected to announce his  23-player squad for the World Cup next week before they head to Turkey on May 19 on continue preparations.

Gallop explained that feedback from the squad had played a part in the decision to extend Milicic’s tenure with the team. 

"The feedback that we have received from those closest to the team over the past three months has been resoundingly positive and helped guide our decision to extend his appointment," he said.