Another penalty just before half-time saw the All Blacks opt for a scrum from which Read detached to pass to Smith who then floated one of his special long passes across the backline which was taken by Crotty who was unchallenged to cross for his second and give New Zealand a stunning 40-6 lead at half-time.
A double a-piece from Rieko Ioane and Ryan Crotty led the visitors to scoring six times in a whirlwind first half, with a 34 point lead at half time.
NZR are already reviewing the culture of New Zealand rugby and its treatment of women, following revelations about the Waikato Chiefs" behaviour on "Mad Monday' a year ago when they hired an exotic dancer, who accused them of touching her inappropriately and throwing alcohol in her direction.
Australia rallied with four converted second-half tries - from winger Curtis Rona on his debut, centres Tevita Kuridrani and Kurtley Beale, and full-back Israel Folau.
"Our defense wasn't good enough at all", Australia coach Michael Cheika said. "When something goes against you early and you have been preparing a certain way, in creeps a little bit of doubt".
While it was a dominant Test for the All Blacks it plunged Australia rugby further in the gloom after a woeful Super Rugby season where Australian teams lost all their 26 games to New Zealand opposition.
Squire try, Ioane 2 tries, Crotty 2 tries, Bill-Williams try, McKenzie try, Smith try, Barrett (cons x4).
Coach Steve Hansen has vowed to tighten the noose around the Wallabies for this week's potentially deciding Bledisloe Cup Test after venting his frustration over the All Blacks' "ugly" finish to their Sydney romp.
New Zealand seemed headed for an historic winning margin but the tide turned.
While the Wallabies added some respectability to the final score after trailing 54-6 with four tries in the final half-hour the contest was well and truly over after the first 50 minutes.
Wallabies playmaker Kurtley Beale has pleaded with Australian rugby fans not to abandon the team after an inept defensive performance in their 54-34 defeat at the hands of New Zealand on Saturday.
"One of the big things for us when we get into that situation and we've seen it in '15 and '16 is the longer we're together and playing footy, the better we're starting to get together, especially the combinations that we have. It's not often you come here and put 50 points on the Wallabies". "As an employer, we will take some time to assess this".
Cheika refused to blame his side's character and instead said the Wallabies were guilty of not trusting their instincts.
Wallabies Captain Michael Hooper said: "It was not the start we wanted in this series and in particular this game".
'It comes down to a deep belief between players.
"Crocky's obviously got a concussion worry, so we'll have to see how he goes in testing".
"And backing ourselves and not worrying about what the opposition might be doing out the back or out wide, playing exactly what's in front of us defensively".
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