Faulkner, who missed out on selection for Australia???s Ashes squad and is currently playing for Lancashire, has been released on bail and will face a court hearing in Manchester on July 21 after he returned a blood alcohol reading of approximately twice the legal limit.
The 25-year-old will also face charges under Cricket Australia???s Code of Behaviour for conduct that is unbecoming of a representative or official and harmful to the interests of cricket.
Cricket Australia Executive General Manager of Team Performance Pat Howard said: ???I have made contact with James to understand the facts of the matter.
???It is clear that he made a very poor decision to get behind the wheel of a car after drinking and that decision had potential to cause serious harm to him and others.
???It is also clear that he is very disappointed and embarrassed by his actions given his position as a role-model to young people.
???This is a very real wake-up call for James and all other Australian cricketers around the importance of responsible decision making.
???I have expressed my extreme disappointment and have informed him of the consequences under English Law and Cricket Australia???s own regulations.???
Faulkner himself was apologetic for his actions and promised to abide by any sanctions laid down.
???I can’t excuse my actions and understand that I have let people down,??? he said.
???My decision to drive was an error in judgement.??I apologise unreservedly and accept any penalty handed to me by Cricket Australia and the relevant authorities.???
Meanwhile, Lancashire have confirmed Faulkner, who took a hat-trick against Leicestershire on his County Championship debut earlier this season, will not be selected for Friday night???s NatWest T20 Blast match against rivals Yorkshire Vikings at Old Trafford.