The team from Down Under will next face Sri Lanka in a three-match T20I series whereas England will take on New Zealand in a five-match T20I series and two-match Test series.
England scripted history on July 14 by claiming their first-ever World Cup title. The finals will be remembered for ages as it did not have a winner after the 50-over and super over action both ended in a tie.
England leveled the five-match series by 1-1 and will play against Australia in the fourth Ashes Test at Old Trafford from September 4.
Labuschagne was the highest scorer from the Australian side and was scalped by Ben Stokes. Tailenders too failed to add some runs to the scoreboard as the whole team was bundled out for 179 in 52.1 overs.
The 30-year-old Smith has so far scored 378 runs in the ongoing Ashes series between England and Australia. But Kohli will get a chance to better his lead as India gear up to face West Indies in the two-match series.
England and Australia will be the first two cricketing nations to wear names and numbers on their jerseys for the first time in the 142 year history of Test cricket.
Stokes is also likely to receive knighthood after showcasing a match-winning performance in the final as both candidates for the next UK Prime Minister, Boris Johnson and Jeremy Hunt had expressed their desire to give the player 'knighthood'.
We actually had quite a good party. I mean, obviously it was quite a sombre mood for a while but then we realised we were part of one of the greatest games in cricket history, so we got over it fairly quickly. We had a good time together
For Ben Stokes, his brilliant knock of 84 not out in the final and winning World Cup would remain as a moment of redemption. But his name would also be associated with controversies
Stokes is also likely to receive knighthood after showcasing a match-winning performance in the final as both candidates for next UK Prime Minister, Boris Johnson and Jeremy Hunt expressed their desire to give the player 'knighthood'.