"As the evaluation reports submitted to the World Rugby Council said there were two outstanding bids, New Zealand and Australia submitted very compelling propositions and either could have done a good job".
Ahead of last year's 2023 Rugby World Cup vote, the Rugby World Cup executive published a recommendation based on the bids, putting South Africa as the leading contender.
"I also want to acknowledge the passionate support we received from Newcastle and the Hunter Valley Rugby communities behind our bid".
Rugby Australia were confident of securing the rights to become the first southern hemisphere nation to host the tournament after securing $10m in government funding - $7m more than what was promised to New Zealand.
New Zealand Prime Minister Jacinda Ardern welcomed the decision by saying: "I'm hugely excited the event will be held here".
New Zealand won their fifth Women's Rugby World Cup in 2017 after they beat England 41-32 in a pulsating final at Kingspan Stadium, the home of Ulster Rugby, in Belfast.
"It was important for us to demonstrate a commitment to tier 2 nations and growing maturity for the World Cup with a clearer format".
"They both spoke very genuinely and directly to the councillors about the meaning of rugby in our country, the growth of the women's game and what it means to New Zealand to host these big events".
The country was up against Australia in a vote conducted by the World Rugby Council in Dublin on Wednesday.
It will be the first time 16 teams compete at the tournament since 2000.
Westpac Stadium in Wellington will host the test between the All Blacks and South Africa on July 27 as part of a condensed Rugby Championship, while Auckland will host the Laurie O'Reilly Trophy and Bledisloe Cup in a return of the double-header test match rugby event at Eden Park on August 17.
All 12 teams will experience the same training facilities and hotels used to host the 2011 World Cup and last year's British and Irish Lions tour.
New Zealand haven't lost any Test at the venue in 24 years and have appeared to take great delight in inviting Australia there.
The World Cup format will take on a new look in 2021.
"This is why I think the timing is right".
"No better place to play." he said.
World Rugby chairman Bill Beaumont congratulated New Zealand on their victory.
"You listen to the presentation and it was the passion, the passion for the sport".