Meg Lanning's Australia, long the benchmark in women's cricket, will bid for a record-extending fifth T20 World Cup title after a rocky ride to their sixth final. Harmanpreet Kaur-captained India arrive at the MCG undefeated and without having bowled a ball in the rained-out semi-final against England.
Chasing a record total, New Zealand could only muster 160 for 9 in their 20 overs.
The Indian women's team almost pulled off a dramatic win but failed to score a boundary in the final delivery to lose the third and final T20 International against New Zealand by a mere two runs in Hamilton.
Smriti Mandhana smashed 58 from just 34 balls but a middle order collapse saw India lose to New Zealand by 23 runs in the first T20 International.
Raj anchored the Indian run chase with a 47-ball 56 which she made with the help of seven fours in the Group B match which was marred by unprecedented docking of 10 penalty runs on Pakistan.