South Sydney on Monday gave Inglis the green light for Friday night's NRL clash with the Broncos after scans did not reveal major damage.
Inglis gave the Maroons' camp a fright when he hyperextended his left elbow in the Rabbitohs' 24-6 last-round win over Parramatta at ANZ Stadium.
He finished the game but underwent scans and was icing the injury at South Sydney's recovery session.
But Rabbitohs high performance manager Troy Thomson gave Inglis the all-clear.
"Fortunately for Queensland and more importantly Souths, Greg got some scans done yesterday and it confirmed what we thought, just a strain of the medial ligament in the elbow," Thomson said.
"He got a little hyperextension but with a bit of strapping and some rehab this week he will be good to go against the Broncos."
His availability adds to the hype of Friday night's showdown which will mark Broncos veteran - and Queensland teammate - Petero Civoniceva's 300th NRL game.
While good news for South Sydney, Inglis' prognosis also avoids a major selection headache for Maroons selectors ahead of the interstate series decider in Brisbane on July 4, with fullback Billy Slater already sidelined.