The 22-year-old will ride a Pedercini Kawasaki ZX-10R, reuniting with the team that offered him a WSBK seat at the 11th hour in 2014.
Walters was originally awarded a WSBK wildcard by Motorcycling Australia, but after recent testing promptly withdrew citing a lack of competitiveness from his locally prepared ZX-10R. The timely overture then came from Lucio Pedercini, with a one-event deal consummated on February 7.
"I am grateful for the opportunity, and the good thing is that this time I will have two days testing on the Pedercini Kawasaki before round one kicks off – something I didn't get in 2014.
"I am looking forward to the challenge, as it's always great testing yourself against the best in the world. A top 15 result would be unreal in such a competitive grid."
Receiving direct assistance from the Kawasaki factory in 2015 will be Walters' teammate, Spaniard David Salom. On February 20, practice for round one begins in the build-up to Sunday's two 22-lap races.
The Phillip Island world superbike round is a three-day event, kicking off Friday morning with racing until late Sunday featuring world superbike, world supersport and a host of national support classes including superbike, supersport, Moto3/ 125GP and juniors.
Kawasaki Motors Australia are offering our Kawasaki Team Green Australia members (free to join), VIP tickets to the WSBK first round at Phillip Island for ONLY $495!