The right-handed batsman, who made his T20I debut in September 2016 is currently the number one ranked cricketer in the shortest format of the game. In ODIs, Azam is at the third spot only after Indian skipper Virat Kohli and Rohit Sharma.
Put in to bat first, Australia lost its first wicket in the third over as Mohammed Shami had David Warner (3) caught at the hands of the wicket-keeper KL Rahul.
Pujara was placed sixth, down one rung, with 791 points, while Rahane occupied the ninth spot after slipping a couple of positions with 759 points.
Labuschagne scored 215 runs studded with 19 fours and a six before losing his wicket to Todd Astle in the 140th over. This was Labuschagne's fourth hundred and third 150 plus score in his last five Tests.
This was Labuschagne's fourth hundred and third 150 plus score in his last five Tests. Playing in his 14th Test, the right-handed batsman averages above 50 in Tests.
Kohli now has an eight-point lead over Smith, but India skipper would not be able to improve his points as the side is not scheduled to play a Test match this year.
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.
Nathan Lyon and Peter Siddle added some runs late in the day, ensuring the team from Down Under goes past the 220-run mark. Both Lyon (25) and Siddle (18) were sent back to the pavilion by Archer. This enabled the pacer to take his wicket tally to six and bundle Australia out for 225.
Australia declared their innings at 494/8 and they were able to scalp one wicket of England before the close of play on day two.Joe Denly was sent back to the pavilion by Pat Cummins restricting England to 23/1 at stumps on day two.
Smith scored centuries in both the innings of the first Test in Ashes and he managed to score 92 in the second Test. He now averages 63.2 in Test cricket.