In the third and final match of Chappell-Hadlee Trophy New Zealand registered a remarkable win over world champions Australia.
Chasing Australia's mammoth total of 331 for 7, New Zealand needed 74 runs from last 7 overs with only 2 wickets remaining.
New Zealand had let the second match of the series slip away from their grip in a much better position, but wicket-keeper McCullum and skipper Vettori displayed a grand exhibition of big-hitting and helped New Zealand achieve the target with one over still remaining.
New Zealand's victory is the highest ever successful chase in the history of one-day internationals as is evident from the following table:
| Total | Target | Team | Vs | Venue | Date |
| 332-8 | (332) | NZ | Aus | Christchurch | 10 Dec 2005 |
| 330-7 | (327) | Aus | SA | Port Elizabeth | 06 Apr 2002 |
| 326-8 | (326) | Ind | Eng | Lord's | 13 Jul 2002 |
| 325-5 | (325) | Ind | WI | Ahmedabad | 15 Nov 2002 |
| 319-7 | (316) | Pak | Ind | Ahmedabad | 12 Apr 2005 |
| 316-7 | (315) | Ind | Pak | Dhaka | 18 Jan 1998 |
| 316-4 | (316) | Aus | Pak | Lahore | 10 Nov 1998 |
| 313-6 | (313) | SL | WI | Bridgetown | 08 Jun 2003 |
| 313-7 | (313) | SL | Zim | New Plymouth | 23 Feb 1992 |
| 310-6 | (305) | SA | WI | Johannesburg | 04 Feb 2004 |
| 306-5 | (305) | Eng | Pak | Karachi | 24 Oct 2000 |
| 303-9 | (303) | SL | Eng | Adelaide | 23 Jan 1999 |
| 303-4 | (299) | Ind | SL | Jaipur | 31 Oct 2005 |
| 302-7 | (302) | Ind | SA | Kochi | 09 Mar 2000 |
| 300-6 | (296) | Pak | SL | Kimberley | 07 Apr 1998 |
| 300-3 | (298) | WI | SA | Centurion | 01 Feb 2004 |