Malakai Fekitoa scored a try in the last minute as the All Blacks overturned a 10-point deficit to beat the Wallabies 29-28 in Brisbane on Saturday.
Written off before kick-off following a tumultuous fortnight off the field, the Wallabies answered their critics in defiant fashion and looked on course to end a three-year losing streak against their rivals from across the 'ditch.'
But rugby is a game of 80 minutes. And once again the All Blacks showed they are the masters of the fast finish.
Ewen McKenzie's side produced arguably their best performance of 2014 and willing be kicking themselves for not closing out from a winning position as they failed to match the Kiwis' intensity in the last quarter.
The result means New Zealand win the 2014 Bledisloe series at 2-0.
Australia led 15-12 at half time thanks to tries from half-backs Nick Phipps and Bernard Foley while New Zealand replied through scores from wing Cory Jane and hooker Dane Coles.
Centurian Adam Ashley-Cooper scored for the Wallabies in the second half but an Aaron Smith try for the All Blacks ensure the game went down to the wire.
The Wallabies drew first blood when Phipps scored in the 14th minute. Christian Leali'ifano stepped inside Fekitoa to break clear and combine with Israel Folau to set up the attack. Phipps dummied right and then sniped on the side of a ruck for the opening try.
Bernard Foley added the conversion but New Zealand replied immediately, scoring from the restart as Conrad Smith regathered the kick-off before Kieran Read's offload found Jane, who did well to evade two defenders and the touchline to dive into the corner.
Beauden Barrett's excellent conversion levelled the scores at 7-all at the end of the first quarter.
Wallaby skipper Michael Hooper turned down a couple of kickable penalties in favour of chasing a try but the hosts' set piece was not secure enough for the gamble to pay off.
When Richie McCaw was penalised for not rolling away the sensible thing to do was take the points and Foley duly put the Wallabies in front.
But once again the All Blacks hit back immediately as Coles sold Ashley-Cooper an audacious dummy before showing an impressive turn of pace to race home. Barrett missed the conversion.
The Wallabies' were doing great work in keeping ball in hand and moving the point of attack. Hooper was stopped just short but Foley was on hand to dive into the corner.
The fly-half couldn't convert his try though, meaning Australia led by just three points at the interval.
The hosts stretched their lead after the break though as Ashley-Cooper became the first Wallaby to score a try in his 100th Test, finishing off good work from Folau and Tevita Kuridrani. Foley added the extras.
Barrett pulled three back following a ruck infringement but Foley could restore the 10-point margin when the All Black replacement front row buckled at scrum time approaching the hour mark.
Hopes of a Kiwi comeback were dealt a blow when Patrick Tuipulotu saw yellow for taking Rob Simmons out in the air but the visitors were next to score, despite the numerical disadvantage, as Aaron Smith took a penalty quickly and caught the Aussies napping to sneak over.
Barrett's conversion cut the deficit to three points and set up a grandstand finish.
McCaw was the guilty party once again at a ruck allowing Nic White to land a long-range penalty to give Australia some breathing room.
But six points were enough as Fekitoa found a gap after a period of sustained pressure and Colin Slade made no mistake from the tee to crush Wallaby hearts.
Man of the match: Richie McCaw gave away a few penalties but was a tackle machine, as was Brodie Retallick. A mention for Michael Hooper for pulling his side together and contributing massively as a ball carrier but we'll go for Bernard Foley, not only for his 15 points, but his tireless work in getting back in defence.
Moment of the match: There can only be one candidate. Malakai Fekitoa's try at the death broke Aussie hearts.
Villain of the match: No real nasty stuff to report
The scorers:
For Australia:
Tries: Phipps, Foley, Ashley-Cooper
Cons: Foley 2
Pens: Foley 2, White
For New Zealand:
Tries: Jane, Coles, A. Smith, Fekitoa
Cons: Barrett 2, Slade
Pen: Barrett
Yellow card: Tuipulotu
The teams:
Australia: 15 Israel Folau, 14 Adam Ashley-Cooper, 13 Tevita Kuridrani, 12 Christian Leali'ifano, 11 Joe Tomane, 10 Bernard Foley, 9 Nick Phipps, 8 Scott Higginbotham, 7 Michael Hooper (c), 6 Scott Fardy, 5 Rob Simmons, 4 Sam Carter, 3 Sekope Kepu, 2 Saia Fainga'a, 1 James Slipper.
Replacements: 16 Josh Mann-Rea, 17 Benn Robinson, 18 Ben Alexander, 19 James Horwill, 20 Matt Hodgson, 21 Nic White, 22 Quade Cooper, 23 Rob Horne.
New Zealand: 15 Israel Dagg, 14 Cory Jane, 13 Conrad Smith, 12 Malakai Fekitoa, 11 Julian Savea, 10 Beauden Barrett, 9 Aaron Smith, 8 Kieran Read, 7 Richie McCaw (c), 6 Liam Messam, 5 Sam Whitelock, 4 Brodie Retallick, 3 Owen Franks, 2 Dane Coles, 1 Wyatt Crockett.
Replacements: 16 Keven Mealamu, 17 Ben Franks, 18 Charlie Faumuina, 19 Patrick Tuipulotu, 20 Sam Cane, 21 TJ Perenara, 22 Colin Slade, 23 Charles Piutau
Venue: Suncorp Stadium, Brisbane
Referee: Craig Joubert (South Africa)
Assistant referees: Jaco Peyper (South Africa), Marius van der Westhuizen (South Africa)
Television match official: Shaun Veldsman (South Africa)
Tevita Kuridrani and Scott Higginbotham went over early for Australia as they threatened a rout, but Argentina fought back with two tries of their own.
The result also sees the Springboks break a three-year losing streak against the world champions and Rugby Championship winners, claiming their first win against the All Blacks at Ellis Park in ten years.
At times it was a joy to watch from the All Blacks as they scored the four tries required to become champions after the Boks won well at Newlands.
Trailing by two points with ten minutes to play, the home side scored three tries and a drop-goal in the dying minutes to secure the bonus-point win.
Only two tries were scored — one apiece — but the clash between the two best sides in the world lived up to its billing as the All Blacks were forced to hang on in a nail-biting finish to an outstanding contest.
It wasn't pretty as a slippery ball did not help the basics of the sides, with fumbles and stoppages a regular occurrence at the Gold Coast fixture.
It went right down to the wire as the Boks, who had led for 38 minutes of the second-half were left to lick their wounds ahead of facing New Zealand.
Julian Savea scored twice, taking his absurd record in Test rugby to 26 tries in 25 games.
The sides scored three tries apiece in a ding-dong battle that saw the Boks came back from 28-16 down to snatch victory.
Played out at a ferocious pace and the odd handling error aside, this was New Zealand's best rugby of the year so far.
Springbok scrum-half Ruan Pienaar scored the only try of a game marred by horrendous conditions.
This was the second time in less than two years that these two sides have finished all square, after an 18-18 draw in Brisbane in October 2012.