Test debut for Milner-Skudder
The All Blacks and Wallabies go head-to-head in Sydney on Saturday, dead-locked at the top of the table on nine points each.
The 24-year-old Milner-Skudder will feature on the right wing in one of several changes to the All Black side which beat South Africa in Johannesburg in Round Two.
Julian Savea is back on the left wing and will play his first Test of 2015, with Ben Smith moving to fullback.
Sonny Bill Williams is at No.12, while Daniel Carter is back at flyhalf for his 105th Test match.
In the run-on forward pack, Jerome Kaino comes in at blindside flank, while Luke Romano comes in at lock.
There are just two changes to the bench, with Nepo Laulala providing tighthead prop cover and Sam Cane coming in to cover the loose forwards.
With three All Blacks centurions amongst them, the All Blacks starting XV boasts 868 Test caps experience with a further 183 on the bench, with an average age of 27.
All Black coach Steve Hansen said the team had prepared well this week for a match that doubles as the opening round of the Bledisloe Cup series.
"The Bledisloe Cup is an important trophy for New Zealand and for this team, while Australia is one of our oldest opponents," Hansen said.
"We are well aware that they have made improvements and that their coach Cheika wants them to be more physical and more consistent.
"Having said that, we are always looking to improve our game and understand that we will have to take a step up from our Ellis Park performance.
"This means we will need to bring physicality, intensity and accuracy to the occasion.
"I am picking this to be a brutal contest, and one we are looking forward to.
"It will be about us implementing our gameplan and skillsets for 80-plus minutes."
New Zealand: 15 Ben Smith, 14 Nehe Milner-Skudder, 13 Conrad Smith, 12 Sonny Bill Williams, 11 Julian Savea, 10 Daniel Carter, 9 Aaron Smith, 8 Kieran Read, 7 Richie McCaw (captain), 6 Jerome Kaino, 5 Luke Romano, 4 Brodie Retallick, 3 Owen Franks, 2 Dane Coles, 1 Tony Woodcock.
Replacements: 16 Codie Taylor, 17 Ben Franks, 18 Nepo Laulala, 19 Samuel Whitelock, 20 Sam Cane, 21 TJ Perenara, 22 Beauden Barrett, 23 Malakai Fekitoa.
Date: Saturday, August 8
Venue: ANZ Stadium, Sydney
Kick-off: 20.05 (22.05 NZ time; 10.05 GMT)
Referee: Wayne Barnes (England)
Assistant referees: Nigel Owens (Wales), Federico Anselmi (Argentina)
TMO: Shaun Veldsman (South Africa)