This seems rather random to me. It doesn't have all that much coherence, and it switches between one joke to another willy-nilly, with little overall feeling about it. The opening blurb is good, except that random rape jokes are not funny. You bring in "Iceman" without mentioning him at all beforehand, see if you can expand that (and other characters) aspects a bit. Overall, it's not that great, but it has potential.
You've written this because of the events earlier this year, which we already got an article in here, which you obviously realised, as you went for the general overview. However, it seems like you have just used filler for the events leading up tp 07-08. If you could expand the past concept, it might do better.
Prose and formatting:
Generally OK. There are a few mistakes and whatnot (as you are talking about Australians, "Aboriginals" should be capitalised), and the sentences can seem to run on too long. The 07-08 section could use expanded subsections for each test, rather than making it a list, which can be annoying. Images will help break up the text. Oh, and the first mention of the title of the article should always be bolded, like that (which is my pet peeve on Uncyc).
This obviously has no images yet, so I can't rate you on it. A picture of a match between the two countries erupting into some kind of warfare might be a good idea for one, and I'm sure you can come up with some others. If you need any help, go here.
You have a fairly decent base for an article here. Expand your concepts a bit more, stay a bit less random, and add good images, and you could be golden.