Horn up to No.3 in IBF boxing rankings

Australia's Jeff Horn has risen to No.3 in the IBF welterweight world boxing rankings.

One of the biggest fights in Australian boxing history will take place on July 2 in Brisbane. (AAP)

Australia's brightest boxing prospect Jeff Horn has been elevated to No.3 in the IBF world welterweight ratings.

"This is a huge moment for Australian boxing without a doubt - the biggest this century," Horn's New Zealand-based promoter, Dean Lonergan said.

Queenslander Horn will fight Germany's Rico Mueller on October 21 in Brisbane.