The Aussies were reduced to the repecharge competition at the IRB World Sevens, after being knocked out of the main draw by South Africa in the opening round of the Gold Coast tournament.
Australia was seeking a top four position, which would’ve granted it a golden ticket to the Rio Olympic Games.
But they missed a conversion late in the match that would have won them the game.
Reigning champs, the All Blacks, also suffered a first round defeat, going down to England 31-7.