25th AMERICA's CUP 1983  Newport, Rhode Island, USA 
1987
Defender Selection Series 1987
Semifinals of the DSS 1987
Final of the DSS 1987
Kookaburra III KA-15 won and became the official defender
South Australia KA-8 und Australia III KA-16 waren ausgeschieden.
Kookaburra III / KA-15 Australia IV / KA-16 Steak N’ Kidney / KA 14 South Australia / KA-8
Elimination race of Australian syndicates for the official defence of the AC
Elimination race of Australian syndicates to the official defense of the AC
Australia IV / KA-16 and the Defender Selection Series 1987
Australia IV / KA-16 lost the Final of the DSS 1987
1987
The skipper of 1983 John Bertrand left the team  and Alan Bond missed to employ a perfect management. As  Australia III won 1986 the 12-m World Championship (without Conner, The British challenger, Blacktaller and TaskForce 87) the team concentrated too much on this boat. On top of that Bond ignored Iain Murray, the young ambitious skipper of the former, poorly financed Advance team. Murray, a talented organizer joined the team of Perrey, became chief manager  and built an impressing team around the new constructions Kookaburra I,II and III.. The beginning of Bond’s team downfall. The boat was never trimmed to an optimum. Ben Lexcen had designed and tested a new keel. This was casted but could not be fixed in time on the yacht. Australia IV reached with Kookaburra II, III and Steak ‘N’Kidney the semifinals of the Defender Series but lost dramatically against Kookaburra III, which became the official defender
Yacht / Country :  Steak 'N' Kidney / KA-14 Syndicate :           New South Wales and Sydney                                                              Challenge CEO :                  Syd Fischer Yacht Club:          Royal Sydney Yacht Squadron Designer :           Peter Cole Boat Builder :      Consolidated Marine Skipper:              Gary Sheard
Steak 'N' Kidney / KA-14 and the Defender Selection Series 1987
1987
Syd Fisher’s second challenge started with severe financial difficulties. But he could participate at the end with a new quite fast yacht, which has been several times considerably modified during the Defender Selection Series. She reached ranking 4 in the semifinals but lost then against Kookaburra II. Steak and Kidney, an Australian speciality, is the synonym and nickname for Sydney.
Syd Fisher’s second challenge started with severe financial difficulties. But he could participate at the end with a new quite fast yacht,
Yacht / Country :  South Australia / KA-8 Syndicate :            The Southern Australian Challenge                            for the Defence of 1987 America's Cup CEO :                     Graham Spurling Yacht Club:            Royal South Australian Yacht                                 Squadron. Designer :              Ben Lexcen Boat Builder :        Steve E. Ward & Co. Skipper:                 John Savage
1987
South Australia K 8 KA-8 was another construction of Ben Lexcen. Sir James Hardy, former helmsman of Gretel II / 1970, Southern Cross / 1974 and Australia I 1980 made an agreement with Alan Bond to use  Australia II as trial boat and to pay Lexcen as consultant for testing concepts which could be eventually applied on Australia III or IV as well. On top of that the syndicate was sponsored by the South Australian government and 150 private companies as a part of the 150 year’s anniversary of this state. A reason why she carries South Australia’s heraldic bird “piping shrike” as white symbol on her sides. South Australia was a fast light wind design, but did not perform very well in the stormy and rough sea of Fremantle.
South Australia / KA-8 and the Defender Selection Series 1987
KA-8 was another construction of Ben Lexcen.
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AMERICA’S CUP HISTORY 1983 - 2013
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Yacht / Country :  Australia IV / KA-16 Syndicate :           America's Cup Defence 1987 Ltd.; CEO :                   Alan Bond Yacht Club:          Royal Perth Yacht Designer :  :         Ben Lexcen; Boat Builder :       Steve E. Ward & Co. Skipper:               Colin Beashel