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Smith will be a popular choice as captain, a position dubbed the “second highest office” after that of the Prime Minister in cricket-mad Australia.
The right-handed batsman and part-time legspinner has scored a mountain of runs over the past 12 months and shown an impressive poise under fire at odds with his boyish features.
“We congratulate Steve on the wonderful honour of leading his country,” chairman of selectors Rod Marsh said on Cricket Australia’s (cricket.com.au) website.
“He is an exceptional young man who is highly regarded by the National Selection Panel not only for his fine performances with the bat but also his maturity and clear leadership potential.”
Smith has prior experience as a skipper, leading New South Wales state in domestic competition and the Sydney Sixers in the local Twenty20 league.
Since carving up Sydney’s grade cricket scene as a teenager, Smith has long been marked for big things, and made his first class debut for New South Wales at the age of 18.
By 21, he had represented Australia in all test, one-day international and T20 teams, making his test debut against Pakistan at Lord’s in 2010, and scoring 77 in his second test against the same opponents at Leeds.
He brings impressive form into his debut as captain, the second test starting in Brisbane on Saturday, having blasted an unbeaten 162 in the first innings in Adelaide and 52, also unbeaten, in the second.
Australia lead the four-test series 1-0. The teams play the third test in Melbourne on 26 December and the final match in Sydney from 6 January.