Clarke hit 74 as Australia cruised home by seven wickets in a one-sided final in front of a record crowd of 93,013 at the Melbourne Cricket Ground on Sunday.

The win, culminating a gruelling tournament, was front page news across the country with a local newspaper saying: "Pitch perfect Australia lives the dream to claim fifth World Cup."

"Done it without raising a sweat or anybody's pulse," the broadsheet's cricket writer Peter Lalor said.

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"Michael Clarke's side made easy work of New Zealand at the MCG, much as they had with India in the semi-final and Pakistan in the quarter."

Another newspapaer focused on the outgoing Clarke, who announced his retirement from the one-day international format on the eve of the final.

"Pup's fairytale farewell as Aussies crowned world champions," it said on its front page, referring to Clarke by his nickname.

"Lifting the trophy provided Clarke the fairytale ending that seemed so unlikely in November, when his chronic hamstrings again betrayed him and the ambition of captaining a World Cup winning team appeared far-fetched," it added.

The captain, wearing a black armband, dedicated the win to Phillip Hughes, the team-mate who died after being hit on the head by a bouncer last year, which the other newspaper said was a fitting tribute.

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