Australia: The four-time champions will be looking to lift their fifth World Cup title. After losing in the Ashes, they came back strongly to win the ODI series 6-1 and proved why they are the No.1 team in ODIs.
Key man: Captain Ricky Ponting, coming out of a finger fracture, will be the key man for Australia. They don't have good spinners, but Steve Smith could cause a surprise with his leg-spins.
World Cup record: Played 69, Won 51, Lost 17, Tied 1
Winners: 1987, 1999, 2003, 2007
Squad: Ricky Ponting (captain), Michael Clarke, Shane Watson, Brad Haddin, Cameron White, Callum Ferguson, David Hussey, Tim Paine, Steven Smith, John Hastings, Mitchell Johnson, Jason Krejza, Brett Lee, Doug Bollinger, Shaun Tait. Coach: Tim Nielsen