Rugby Championship: Wilson back as captain, Lynagh at flyhalf for Wallabies against Argentina

BRISBANE, Australia (AP) — Harry Wilson will come back from a knee injury to lead the Wallabies and Tom Lynagh will return at flyhalf for Saturday’s Rugby Championship test against Argentina.

Andrew Kellaway was named at fullback to replace injured Tom Wright, and Tom Hooper shifted into the secondrow to replace giant lock Will Skelton and partner club teammate Nick Frost in other key changes to the Australia lineup that split the series 1-1 with the Springboks in South Africa.

All teams are 1-1 after their opening matches in the Rugby Championship. The Wallabies upset World Cup champion South Africa at Ellis Park 38-22 in the series opener and lost 30-22 in Cape Town a week later. The All Blacks beat Argentina 41-24 at Cordoba before the Pumas defeated New Zealand 29-23 for their first home win over the All Blacks.

Ex-Sevens flier Corey Toole will play his first test at home for the Wallabies after being selected Thursday on the left wing, with Max Jorgensen completing the back three. Jorgensen celebrated his 21st birthday during the week in Townsville, North Queensland, site of the Saturday afternoon test.

The 22-year-old Lynagh, who made his starting debut against the British and Irish Lions but missed the South Africa tour because of a concussion, will partner Nic White in the halves. Wilson’s return at No. 8 sees Rob Valetini move to blindside flanker in a reworked backrow with Fraser McReight.

Wallabies head coach Joe Schmidt said the experiened White's kicking and game management would take some pressure off his young halves partner.

Lynagh “only really slotted back in with us this week ... (but) he knows how we’re trying to play," Schmidt said. “His first three test match starts were against the Lions and it got very physical — some of that was untoward. He’s bounced back from that really well.”

Tate McDermott is the substitute scrumhalf, with flyhalf James O’Connor named to potentially play his first test on home soil since 2022 off the reserves bench. His return for the Wallabies in South Africa last month helped stabilize the backline.

Argentina coach Felipe Contepomi made three changes to his lineup, with Santiago Carreras handed the starting flyhalf role after a strong performance in the upset win over the All Blacks in Buenos Aires in the absence of Tomos Albornoz.

The Pumas' backrow has been bolstered with Marcos Kremer returning and Pablo Matera shifting to No. 8.

The Argentina squad will be full of confidence following the win over New Zealand and a 67-27, comeback win over the Wallabies last September in Santa Fe.

The 67 was the most points the Wallabies have ever conceded in a test, and the 40-point margin was their second biggest.

Schmidt said the Wallabies of 2025 are a vastly different proposition for any team.

“It's hard to connect something from a year ago with what we're currently doing, but certainly there's been a few connections,” Schmidt said. "Part of that is the quality of the Pumas side — we saw that two weeks ago against the All Blacks.

“They've got one of the stronger backrows in world rugby ... very talented midfielders and a back three that threatens as well. We're expecting it to be super tough, that's the nature of TRC.”

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Lineups:

Australia: Andrew Kellaway, Max Jorgensen, Joesph-Aukuso Sua'ali'i, Len Ikitau, Corey Toole, Tom Lynagh, Nic White, Harry Wilson (captain), Fraser McReight, Rob Valetini, Tom Hooper, Nick Frost, Taniela Tupou, Billy Pollard, Tom Robertson; Reserves: Brandon Paenga-Amosa, Angus Bell, Zane Nonggorr, Jeremy Williams, Carlo Tizzano, Tate McDermott, James O’Connor, Filipo Daugunu.

Argentina: Juan Cruz Mallia, Bautista Delguy, Lucio Cinti, Sanitago Chocobares, Mateo Carreras, Santiago Carreras, Gonzalo Garcia, Pablo Matera, Marcos Kremer, Juan Martin Gonzalez, Pedro Rubiolo, Franco Molina, Joel Sclavi, Julian Montoya (captain), Mayco Vivas; Reserves: Ignacio Ruiz, Boris Wenger, Francisco Coria Marchetti, Guido Petti, Joaquin Oviedo, Agustin Moyana, Geronimo Prisciantelli, Benjamin Elizalde.

AP rugby: https://apnews.com/hub/rugby

Argentina's Los Pumas players celebrate winning a rugby championship match against New Zealand's All Blacks in Buenos Aires, Argentina, Saturday, Aug. 23, 2025. (AP Photo/Gustavo Garello)

Australia's Tom Hooper, top, carries the ball during a rugby championship test match between South Africa and Australia, at Cape Town stadium in Cape Town, South Africa, Saturday, Aug. 23, 2025. (AP Photo/Halden Krog)

Australia's James O'Connor, left, is challenged by South Africa's Cheslin Kolbe during a rugby championship test match between South Africa and Australia, at Cape Town stadium in Cape Town, South Africa, Saturday, Aug. 23, 2025. (AP Photo/Halden Krog)

Argentina's Los Pumas Santiago Chocobares is tackled by New Zealand's All Blacks Sevu Reece during a rugby championship match in Buenos Aires, Argentina, Saturday, Aug. 23, 2025. (AP Photo/Gustavo Garello)

Argentina's Los Pumas Felipe Contepomi stands on the field prior to a rugby championship match against New Zealand's All Blacks in Buenos Aires, Argentina, Saturday, Aug. 23, 2025. (AP Photo/Gustavo Garello)

Australia's Max Jorgensen, right, runs with the ball during a rugby championship test match between South Africa and Australia, at Cape Town stadium in Cape Town, South Africa, Saturday, Aug. 23, 2025. (AP Photo/Halden Krog)

NEW YORK (AP) — A surging stock market and a flurry of deal making padded the profits of Wall Street's two big investment banks, which both saw a double-digit jump in profits in the fourth quarter.

Goldman Sachs's net earnings rose 12% from a year earlier, posting a profit of $4.62 billion, or $14.01 a share. Meanwhile Morgan Stanley said it earned $4.4 billion, or $2.68 per share, compared to a profit of $3.71 billion, or $2.22 per share, compared to a year earlier.

Wall Street has been bolstered by the Trump administration's deregulatory policies, which has led corporations to seek out mergers and acquisitions, as well as the surge of investor interest in artificial intelligence companies and those who stand to benefit from the mass adoption of technologies like ChatGPT.

Fourth-quarter investment fee revenues over at Goldman were up 25% year-over-year and Morgan Stanley saw a 47% jump in revenue in its investment banking division. Both banks said their investment fee backlog, which is a signal of how much deal making is still pending that banks are working on, increased significantly in the fourth quarter.

Goldman and Morgan's results reflect the strong earnings out of the other big banks that reported their results this week. JPMorgan Chase, Bank of America and Citigroup all saw jumps in fourth-quarter profits, but their results were dampened by the ongoing tensions that Wall Street is having with the White House over the issue of the independence of the Federal Reserve and President Donald Trump's interest in capping credit card interest rates at 10%.

Along with a strong investment banking performance, Goldman Sachs also agreed to sell off its Apple Card credit card portfolio to JPMorgan Chase last week, effectively exiting its brief experiment in consumer banking. The bank sold the credit card portfolio at a discount to JPMorgan, a sign of how desperately Goldman wanted to exit the business and put the Apple Card behind it.

This story has been corrected to show that Morgan Stanley's investment banking revenues rose 47%, not 22%.

FILE - Electronic signage is shown at Morgan Stanley headquarters, Thursday, March 4, 2021 in New York. (AP Photo/Mark Lennihan, File)

FILE - In this Dec. 13, 2016, file photo, the logo for Goldman Sachs appears above a trading post on the floor of the New York Stock Exchange. (AP Photo/Richard Drew, File)