The All Blacks scored a late try through fullback Jordie Barrett to claim a 39-37 win in a game mired in controversy with an extended first half and three yellows cards for the Australians, including two at the same time, one of which was for forward Darcy Swain's tackle on Quinn Tupaea that resulted in a long absence from the game for the Chiefs second five-eighths.
Raynal also refereed the All Blacks' 25-25 draw with England at Twickenham in 2022. In the last 10 minutes, England came back from 6-25 down when reduced to 14 men after Jordie Barrett was sin-binned with eight minutes to play.
A Test, yet to be announced, in the July window will be his 50th and last on the international stage that has seen him referee in two World Cups, eight Six Nations and five Rugby Championships, as well as in a British & Irish Lions series in 2021 in South Africa.
Raynal said in a statement on world.rugby, "This sport has given me a lot and refereeing it at the highest level for all these years has been a privilege and a great honour.
"After 18 years in the professional game and almost 350 games refereed, the end of the season will be time to bring to an end an activity which I have deeply loves and which has given me unforgettable experiences on pitches all around the world."
Raynal said he wouldn't change anything in his career, especially its most difficult moments.
"Those moment awoke me to the limitless power of courage, fortitude and resilience and they also allowed me to enjoy the good times with even greater relish and intensity."
World Rugby chairman Sir Bill Beaumont said Raynal played a significant role in advancing refereeing on the world stage.
"It takes a special type of person to thrive as an international match official and he has done that superbly over the last decade. Mathieu is a great role model for aspiring referees, a great person, a credit to his nation, and will be remembered as one of the very best."