UPDATE: Australia win silver in 34 point 4x100m medley relay with Maddi Elliott swimming the butterfly leg.
It was a brave effort by the Australians who narrowly lost to Great Britain, who won the gold medal in a world record time.
Lakeisha Patterson pulled back the gap to British champion Stephanie Millward in the final freestyle leg, but the Brit managed to hold out.
The result means Elliott has won three gold and two silver medals at Rio 2016.
EARLIER: Maitland’s Maddi Elliott has become the first woman in the S8 category to swim the 50m under 30 seconds to win gold and break her won world record.
Elliott, 17, set a new world best time of 29.73 seconds, beating her old mark of 30.13 seconds, in Saturday morning’s final
It was a one-two result for the Australians with Lakeisha Patterson equalling Elliott’s old world record to claim silver.
Elliott has now claimed three gold and a silver medal and set three world records including a new time in the 4x100m 34 point freestyle relay with her teammates Ellie Cole, Patterson and Ashleigh McConnell.
She will be back in action at 9.43am on Saturday when she takes part in the 4x100m 34 point medley relay with Cole, Patterson and Madeleine Scott.
Her final event will be the 200m individual medley on Sunday.