Dave Rennie has been sensationally sacked as Wallabies head coach eight months out from the World Cup, with former England boss Eddie Jones taking over.

According to the Sydney Morning Herald, Jones has signed a five-year deal with Rugby Australia through to 2027 and will also oversee the Wallaroos programme.

Rennie finishes with a winning record of 38 per cent, the lowest of any coach in Wallabies history with a minimum of 30 tests.

Jones, who was sacked as England coach last month, returns as Wallabies coach 18 years after a spell from 2001-2005.

Eddie Jones. Photo / AP

“It is a major coup for Australian Rugby to have the best coach in the world return home to coach the iconic Wallabies and to oversee the Wallaroos program,” McLennan told the Sydney Morning Herald.

“Eddie’s deep understanding of our rugby system and knowledge of our player group and pathways will lift the team to the next level.

“Eddie instinctively understands the Australian way of playing Rugby – this represents an opportunity to secure a coach of immense expertise and experience at the biggest competitions, and we did not want to miss it.”