Shocks ensued as a Super 6 round was created.
Hosts England did not make the Super 6s after finishing fourth - below Zimbabwe - in Group A and Australia nearly lost out as well before beating West Indies in the final game.
In the semi, South Africa's Allan Donald was run out with one run needed. The match was tied - but the Aussies progressed after a better Super 6 record.
Shane Warne's 4-33 in the final saw Pakistan fall for 132 as Australia won in 20.1 overs.