Dutch coach Louis van Gaal played the same team which beat Spain 5-1 last week.
The first 20 minutes saw neither team being able to get hold of the ball and dominate play. Arjen Robben broke away on the half-way line and slotted the ball coolly past Australian goalkeeper Mathew Ryan.
Robben’s goal seemed to spark the game into life. From the resulting kickoff, the Australians equalised through a sublime volley from Tim Cahill, who scored his second goal of the tournament.
For the next while, the Australian team dominated possession in the Dutch half. The Australians came close to taking the lead when Mark Bresciano’s shot went narrowly over the cross bar. Going into half time, it was the Australians who had the momentum.
This momentum was brought into the second half and Australia looked to capitalise on their dominance in the last bit of the first half. They could have taken the lead through Mathew Leckie, but Leckie’s goal was disallowed after the referee judged that he had fouled Daley Blind on his way to scoring.
Australia continued to look menacing going forward and were rewarded for their efforts on the 53-minutes mark after Mile Jedinak converted a penalty awarded for a Blind handball.
It did not take long for the Dutch to respond. Robin van Persie took advantage of some poor defending by Australia to net his third goal of the tournament to level matters in the 57th minute.
Leckie should have put Australia ahead after a Dutch defensive mix up but his effort went straight into Dutch goalkeeper Jasper Cillessen’s hands.
The resulting counter attack produced the winning goal. Memphis Depay fired past Ryan from a distance.
The Dutch ran out 3-2 winners after a performance in which they struggled to get out of second gear. The loss sees the Australians bow out of the tournament with a game against Spain still to go.