Slatyer, 28, wasn't selected for the Matildas World Cup squad after more than 40 appearances in the green and gold since 2002.

The Australians impressed in Germany with their attacking flair to reach the World Cup quarter-finals before bowing out to Sweden.

However, defensively some uncharacteristic errors cost the team dearly and national coach Tom Sermanni said Slatyer and other players who just missed out on selection for Germany will be given a chance to show what they can do in two August training camps.

“We just need to refocus straight away and also there’s real competition for places. The World Cup’s gone now and all bets are off for selection,” he told au.fourfourtwo.com.

The Matildas are currently taking a break in Europe after their World Cup exploits earlier this month but will assemble for the first training camp on the Gold Coast August 6.

The second camp will potentially be in Sydney, before the squad departs for Jinan, China later in the month.

Sydney FC strikers Catherine Cannuli and Sarah Walsh are also set to return in the camps as Sermanni sees competition for places as healthy.

Slatyer, a one-time bodyguard to stars such as Elle McPherson, was disappointed at missing out on a spot  in the World Cup squad but now the Newcastle Jet has a second chance for Olympics selection.

Australia will go into the games full of confidence after having cracked the world top 10 following their World Cup campaign.

However, new world champion Japan looms as a danger in a tough six team, 11-day round robin tournament with the top two teams progressing to the 2012 London Olympic Games.

Other teams include the host nation China, DPR Korea, Korea Republic and Thailand.

The Matildas won’t play friendlies in China except for training matches against local sides.

“With the amount of games we’ve already played this year [eight] and the amount of games we play in 11 days, it’s better we work on training and tactics," explained Sermmani. 

He added that the training camps will be used to work on team shape and to see other players who missed World Cup selection.

“We’ll also be working on team organization and there’ll be an emphasis on playing Asian teams again after not having played any sides from the AFC region this year.”

Australia open their campaign on September 1 against troubled DPR Korea who had five players fail dope tests at the World Cup.