It was a fitting end to the eight-nation tournament which witnessed a keen battle between worlds best two teams.
Eventually, the experience of handling pressure in big tournaments came in handy for the three-time world champions Australia who scored through two penalty corner conversions by Jeremy Hayward (17th minute) and Blake Govers (58th) to add another crown to their glorious history.
Argentinas lone goal came from the sticks of Agustin Bugallo in the 18th minute.
Eventually, what turned out to be the difference between the two sides in the evenly-contested encounter was penalty corner conversions.
Argentina had four penalty corners but Gonzalo Peillat and Co. failed to find the net once, whereas, Australia had a 100 per cent record from set pieces converting two out of two.
After a barren first quarter, Australia took the lead minutes into second quarter through Hayward who beat Argentina goalkeeper Juan Vivaldi with a powerful grounded flick to the right side.
Thereafter, it was a neck-and-neck battle between the two sides as they tried hard to assert supremacy over the other.
Australias finally succeeded in their efforts late into the match when Govers converted their second penalty in the 58th minute.
In the last two minutes, it was all Argentina as they attacked in numbers in search of the equaliser and in the process earned two penalty corners but the Australians defended well to maintain their slender lead.
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