I've been Ethan Wooding and I hope you've enjoyed this afternoon's World Cup coverage. Make sure to keep up-to-date with VAVEL for the match report from this game, as well as coverage of every single match in Russia as the group stages draw to a close!
However a decent tournament for both sides in terms of performances, and they will be confident of reaching the tournament again in four years.
Ricardo Gareca's side must be feeling extra distraught knowing they perhaps should have qualified, that Christian Cueva penalty miss against Denmark proving costly.
Peru jump ahead of the Socceroos in Group C into third place, who finish their World Cup campaign in last on one solitary point.
An entertaining game where Australia started off strongly but faded slightly after two Peru goals left them facing a mountain to climb.
Referee Sergei Karasev blows his whistle to bring an end to Australia and Peru's Russian journey.
FULL TIME: AUSTRALIA 0-2 PERU
90: Some Peruvian fans in tears and rightly so as they are on the verge of their first World Cup win since 1978- a 4-1 victory over Iran.
87: Australia pushing forward leaves them vulnerable at the back but again Peru fail to capitalise as Guerrero's final ball is poor when he had two teammates clean through on goal.
85: Leckie takes too long to pull the trigger inside Peru's box which allows Advincula, who has had a fine game, to nick the ball from his toes.
84: Cahill could become only the fifth player ever to score at four different World Cup's but his teammates seem to lack belief as Jedinak fires a free-kick way over the bar.
81: Another rapid Peruvian counter attack ends with Edison Flores striking the post, however the offside flag had been raised for Guerrero's late run.
79: Final change for Los Incas as Carrillo, scorer of that lovely volley in the first half, makes way for Wilder Cartagena.
77: The game is getting a bit scrappy now as Peru are happy to soak up all the Australian pressure with relative ease.
74: Rogic, who has been brilliant today, goes off for Hull City's Jackson Irvine. 16 minutes for the Socceroos to pull this back.
71: Great chance as Rogic's superb ball finds Behich in behind but his volleyed square ball is just frustratingly ahead of Cahill.
68: Arzani receives the ball in a promising position but his effort just clears the woodwork.
67: Guerrero was only allowed to play at this World Cup after captains of all Group C teams made an appeal for him to compete after a 14-month ban. How important has he been for Peru this afternoon.
65: Renato Tapia's World Cup is over as he makes way for Paolo Hurtado. Arzani alos made the book minutes earlier for a poor challenge.
63: It's a case of what could have been for Peru at the moment. They were so unfortunate to not pick up any points against Denmark and France and could very well be on the verge of the Round of 16 if things had been different.
60: Australia starting to flood forward as first Aziz Behich and then Tim Cahill come close from consecutive corners.
58: Another Australia change as Robbie Kruse makes way for the youngest player at this World Cup, Daniel Arzani, who is half Cahill's age!
57: Peru could easily have gathered points against Denmark and France and will count themselves extremely unlucky to not stand a chance at advancing. They have started this second half very strongly.
53: A miracle is needed so up steps national hero Tim Cahill to a huge roar. Juric is the man replaced.
52: The Socceroos have a chance to score immediately but Jedinak's tame header is comfortably saved.
Fantastic attack down the left hand side by Los Incas and Cueva's cross is deflected in captain Guerrero's path and his hooked effort strikes Mark Milligan but still finds the back of the net. A huge goal in Group C.
50: GOAL FOR PERU!!!
48: Juric's control lets him down as he fails to take a long ball over the top into his stride. He was through on goal if he got the touch right!
46: Peru made a tactical change during the interval with the booked Yotun coming off for Pedro Aquino in a like-for-like substitution.
46: Australia kick off a massive 45 minutes of football to come.
The other Group C game at Luzhniki Stadium is goalless between Denmark and France, meaning an Australia win wouldn't send them through as it stands.
Australia have failed to create many clear cut chances but have looked promising throughout. Van Marwijk needs a positive response from his players in this second half.
Carrillo's wonder strike the difference as Peru go into the break one goal ahead.
HALF TIME: AUSTRALIA 0-1 PERU
44: Another caution as Yoshimar Yotun is pulled up for his late challenge on Leckie.
42: Luis Advincula seems a real handful when getting forward and wins Peru a free-kick in a very similar position to Australia's a couple of minutes ago but nothing comes of it.
40: Trent Sainsbury should do better as his header is diverted wide by Aaron Mooy's delivery.
39: Josh Drisdon does well to earn a free-kick in a dangerous position for Australia.
38: Rogic appears the main attacking outlet for Bert van Marwijk’s men and everything is going through him at the moment.
35: What a chance as Kruse and Leckie combine again but the latter's sliding attempt at a certain goal is well defended for a corner.
32: Leckie is lucky to see the offside flag raised as Robbie Kruse runs in behind and cuts back for the winger who should have scored but takes too long and his shot is saved.
29: Fantastic support by the Peruvian faithful and rightly so after scoring their first World Cup goal since 1982.
27: Brilliant footwork by Celtic midfielder Tom Rogic but his effort from just inside the area is well saved by Gallese.
25: Cueva does well to win a free-kick in a tight spot but the resultant set-piece is flicked by Guerrero and comfortably into Matthew Ryan's hands.
23: The fact Peru have only kept two clean sheets in 18 qualifiers is encouraging however as Australia pour forward once again to no avail.
21: Peru had been very quiet so far but a fine counter attack leaves Australia needing to score twice to stand any chance of advancing.
Guerrero finally gets the service when his brilliant run is spotted and, after fine hold up play, his cross is excellently volleyed into the far bottom corner by the rapid Andre Carrillo.
18: GOAL!!! PERU FINALLY GET THEIR GOAL
14: Peru have lacked goals at this World Cup and have failed to score in 27 attempts, despite playing well in parts. Controversial frontman Paolo Guerrero will be hoping to get on the scoresheet today and end that trend but has suffered from a lack of service thus far.
10: Crystal Palace midfielder Jedinak, the scorer of Australia's two World Cup goals, goes in the book for a high boot on the tricky Christian Cueva.
7: All Australia as they work it to the byline but Tomi Juric's square ball is easily gathered by Pedro Gallese in the Peruvian net.
5: Bright start by the Socceroos but Mile Jedinak's half-volley is blasted over following fine wing-play by Matthew Leckie.
3: Australia have lost four of their last five World Cup games and only picked up one point ever against South American opposition. That needs to change this afternoon.
1: And we are underway for the climax of Group C.
The two teams make their way out onto the pitch. An Australia win is necessary in order for them to stand any chance of qualification from Group C whereas Peru will be hoping to end their World Cup campaign in style.
This game will be played out at the Fisht stadium, and is likely to be witnessed by a sell-out crowd of 48,000, as one of the closest and most dramatic World Cup groups comes to an end.
Should both Denmark and Australia finish level on points, it will first go down to goal difference, which will be equal should the Aussie’s win by a goal and the Danes lose by a goal, following this it will go down to the number of goals scored – both sides currently have two apiece going into matchday three, showing how tight the battle for second spot really is.
Australia: Mathew Ryan, Aziz Behich, Mark Milligan, Trent Sainsbury, Josh Risdon, Aaron Mooy, Tom Rogic, Mile Jedinak, Robbie Kruse, Tomi Juric, Mathew Leckie
Peru: Pedro Gallese; Luis Advincula, Christian Ramos, Anderson Santamaria, Miguel Trauco; Renato Tapia, Yoshimar Yotun; Andre Carrillo, Christian Cueva, Edison Flores; Paolo Guerrero
Here is how the two sides could line-up...
Both sides are likely to field very strong line-up’s for this one, as Australia obviously have it all still to play for, whilst Los Incas will be looking to restore some pride.
Despite the fact that they’re already out of the tournament, Peru will not want to go down without a fight and will almost undoubtedly look to keep up their fast-flowing, high pressing and very exciting style of play.
The Socceroos currently sit on one point, three behind second-place Denmark, who have a very tough last game against Didier Deschamps’ men – meaning they will undoubtedly be looking over their shoulders at the Aussie’s. Whilst nothing but a win will do for Bert van Marwijk’s men, the fact that they’re playing bottom of the group whilst their rivals for second spot play one of the tournament's favourites, Australia will surely be fancying their chances.
Peru come into this game disappointed, having somehow not picked up a point yet in the whole tournament – despite being by far the better side in their opener against Denmark, as well as holding their own against France, only again to lose 1-0. It is the Peruvian’s first World Cup since 1982 and they won’t want to walk away from it having played so well at points, although have nothing to show for it in terms of points on the board, or in fact, goals scored.
Australia come into this game having arguably played their two hardest games already in Group C, losing narrowly to France, before coming from behind to snatch a point against Denmark, putting themselves in with a narrow chance of progressing through to the Round of 16.
Hello and welcome to VAVEL UK's live text commentary of Australia vs Peru at the 2018 FIFA World Cup. Josh Slinger and Ethan Wooding will be taking you through today's game which is due to kick off at 3pm BST. Keep following VAVEL for live updates.