Cricket Australia has finally admitted that opener Simon Katich should not have been dropped from the Test side.

CA chairman Wally Edwards made the candid admission after Thursday's annual general meeting in Melbourne.

Edwards said selectors erred in dropping Katich two years ago, a controversial decision that continues to cause great angst in Australian cricket.

"There were a lot of decisions made that you probably wish in hindsight, they weren't made," Edwards said.

"But they were made in an attempt to move from a very strong side to a new side.

"I would put the dropping of Simon Katich in that corner ... they (selectors) didn't get it right."

Edwards also strongly backed chief executive James Sutherland, regardless of how the Test team performs in this summer's Ashes series.

He said he was bewildered by the speculation about Sutherland's future and said the chief executive would see out his contract, which expires after the 2015 World Cup.

Likewise, Sutherland backed CA performance manager Pat Howard, saying most people did not appreciate or understand the work he was doing.

The Cricket Australia board has confirmed its support in chief executive James Sutherland at its AGM in Melbourne. ( Julian Smith )

On Wednesday, former national coach Mickey Arthur said Sutherland, Howard and Test captain Michael Clarke would all be under pressure if Australia lost the Ashes again.

"We want to see continued (on-field) improvement," Edwards said.

"I will reaffirm - if we lost the series 5-0, James Sutherland will still be the CEO of Australian cricket.

"There will not be any changes in that situation regardless of the way we perform on the field this summer."

Sutherland said in his AGM address that Australian cricket is in strong shape and also backed the ongoing four-year review of the national team.

"We won't be buffeted around by noise around us as we focus on what we have to do to get the Australian cricket team on top of the world," he said.

Sutherland also angrily denied a claim by former captain Ricky Ponting that CA had not devoted enough resources to the national team as it started going through a period of transition.

"The facts don't back it up," he said.

"There will always be a sense of lack of foresight when a team doesn't perform as well as people have hoped it will."

Sutherland said the goal remains to regain the Ashes this summer and Edwards added at the AGM that the national team needs to start improving.

"You might say we're at half-time (of the team review) and we're looking forward to a pretty strong third quarter, I would hope, in the coming year," Edwards said.

Sutherland also defended the new format for the domestic one-day competition, with the games now played in one block.

"We have about six blokes who are in absolutely rare form at the moment - I don't see what's wrong with the schedule," Sutherland said.

CA announced its revenue had grown 68 per cent from 2008-12 to $684 million.

It also said growth of domestic revenue means it is less reliant on international media rights.

AAP