Australian actress Cate Blanchett and Britain's Sally Hawkins are being lined up to star in Woody Allen's next film, industry daily Variety has reported.

Blanchett, who has not worked with Allen before, will play a joint lead with Hawkins, the report said.

Hangover star Bradley Cooper is "circling a role in the ensemble", the daily reported.

Hawkins, who had a small role in Allen's 2007 Cassandra's Dream, a year before her breakout role in Mike Leigh's Happy Go Lucky, will play a "neurotic who's more fun and rough around the edges", it said.

The movie is expected to be shot in San Francisco and New York this year, according to Variety.

Allen, who won an Oscar for best original screenplay this year for Midnight in Paris, last month premiered his latest film To Rome With Love, in which he stars alongside Penelope Cruz.