Ricky Ponting believes Australia can maintain their position as the best test side in the world as long as the new players can settle in.
The Aussies finished top of the ICC test rankings for a fourth consecutive time, finishing a whopping 30 points ahead of nearest rivals India.
Ponting says India and South Africa would pose the biggest threat to their position at the head of Test cricket's standings, but he still believes they will remain out in front.
The Aussie skipper collected the ICC Mace in Mumbai and said that the newer additions to the squad can help keep the Baggy Greens at the top of the tree.
"If they can do that and the older guys like me, Matty Hayden and the other guys keep pulling our weight we can hopefully remain No. 1," Ponting told Reuters.
With the likes of legends Shane Warne and Glenn McGrath retiring, there were some question marks surrounding Australia, but they have been answered.
"There were a lot of question marks around the team at the start of the last Australian summer, losing the great players that we lost," Ponting added.
"But I thought some of the younger guys who came into the side like Phil Jaques and Mitchell Johnson handled themselves really well at the international level.
"India certainly have a great team together at the moment and South Africa have played excellent cricket for a number of years in both forms of the game.
"So we just have to wait and see."
New India coach Gary Kirsten says his men are deservedly in second spot, and he hoped to challenge his native Australia for top spot over the coming 12 months.
"It has been a tough 12 months for us as a Test team but the fact we have risen to many of the challenges put before us is reflected in our second position," Kirsten said.
"We now have to press on and try and close the gap to Australia as well as stay ahead of the sides below us."
South Africa came out on top of the ICC ODI Championship, but only just as they pipped Australia by a fraction of a point.
Shaun Pollock collected that trophy for the Proteas and admitted that beating Australia to top spot for two years running was satisfying.
"Australia is the benchmark in all forms of the game and especially one-day cricket," he said.
"So for South Africa to take over the top spot in the one-day table is a huge achievement for the playing group as well as a great honour for everyone connected with South Africa cricket."