McCaw's continued absence means fellow back row Rodney So'oialo retains the All Blacks captaincy against a Wallaby side also missing their first-choice skipper.
Stirling Mortlock's concussion sees George Smith lead an Australian side that includes Ryan Cross in the outside centre berth and rugby league convert Timana Tahu among the replacements.
Australia vs New Zealand, Sydney, Saturday, July 26 (11.05 BST)
Australia: Ashley-Cooper, Hynes, Cross, Barnes, Tuqiri, Giteau, Burgess; Robinson, Moore, Baxter, Horwill, Sharpe, Elsom, Smith (c), Palu
Replacements: Polota-Nau, Dunning, Vickerman, Waugh, Cordingley, Tahu, Mitchell
New Zealand: Muliaina, Tuitavake, Kahui, Nonu, Sivivatu, Carter, Ellis; Woodcock, Hore, Somerville, Thorn, Williams, So'oialo (c), McCaw, Kaino
Replacements: Mealamu, Afoa, Boric, Lauaki, Cowan, Donald, Smith