A second-half try from Cameron Murray was enough to book holders Australia a spot in the Rugby League World Cup final after a thrilling 16-14 victory over New Zealand on Friday.

The pendulum swung this way and that in an enthralling first half in Leeds, with two tries from Jahrome Hughes and Dylan Brown, either side of a stunning effort from Australia's in-form Josh Addo-Carr, giving the Kiwis a 14-10 lead at the break.

The second half was much tenser, with tempers boiling over on several occasions, but it was Australia who kept their heads with Murray's try under the posts, and Nathan Cleary's conversion, in the 56th minute proving to be the difference.

New Zealand threw everything at the holders as they looked to sneak back in front with Peta Hiku thinking he had scored a dramatic late try, only for it to be disallowed, as Australia hung on.

Australia will face the winner of Saturday's second semi-final between hosts England and Samoa at the Emirates Stadium in London as the Kangaroos look to win their third successive World Cup crown.

"I am really happy for the boys, it was a real test match," Australia coach Mal Meninga said. "We haven't had a real test match for a number of years.

"I am pleased with the effort and commitment, both teams really went for it. It was one of the best test matches I have been involved in. I just said to the players they have given everything for their country, and found that bit extra to find victory."

Murray was the match winner, as he pierced the New Zealand defence to go over, before Hiku's luck ran out, as he was adjudged to have come from off the field before grounding his late attempt.

"I am proud of the players that's for sure," New Zealand coach Michael Maguire said. "There were just moments out there that didn't go our way.

"The players deserved the chance to play in the final. I am devastated for the players." (Reuters)