All Blacks draw first blood

THE Wallabies began the Bledisloe Cup and Rugby Championship on a low note following a 27-19 loss to the All Blacks at Sydney's Olympic stadium.

The All Blacks underlined their status as world champions with the two tries to one victory, which was built largely on a dominant first-half performance.

They led 18-3 late in the first half with Israel Dagg and Cory Jane crossing the stripe for tries, before a converted Nathan Sharpe try for the Wallabies closed the gap on the scoreboard to eight points at the break.

Both sides traded penalty goals in the second term prior to Dan Carter landing a three-pointer after the full-time siren to deny the Wallabies a bonus point, which could prove vital in the overall standings in the Rugby Championship.

The two sides meet again next weekend at Eden Park, a match the Wallabies need to win if they are to have any hope of claiming the Bledisloe Cup.

Read the full match report at ABC news online.