Test Match Special World Cup memories
Australia v England Desktop scorecard
The first World Cup final to be played outside of England was also the closest.
Australia won the toss, elected to bat and made a fast start that ultimately proved the difference at the end of the match.
Phil DeFreitas and Gladstone Small were wayward with the ball while David Boon took full advantage with the bat, top scoring with 75.
And late in the innings, Allan Border and Mike Veletta kept the scoreboard ticking over to set an imposing 254 for victory.
Tim Robinson fell in the first over of England's reply, but soon they looked to be taking control of the match, Graham Gooch, Bill Athey, Mike Gatting and Allan Lamb all making solid contributions.
But the match turned when the captains came head-to-head, Border bringing himself on to bowl and Gatting reverse-sweeping the first ball straight to Greg Dyer behind the stumps.
From that point on, England slipped further and further behind the run-rate despite the best efforts of the tail, and nine runs off the final over left them seven short of victory.