KEY POINTS:
Australian Rugby Union chairman Peter McGrath has stood aside pending an investigation into a sponsor's complaint about his behaviour at the World Cup.
McGrath has "totally refuted" a complaint from one of the ARU's major sponsors Bundaberg Rum that he was intoxicated state when he joined a group of sponsors' representatives on the eve of the Wallabies' quarter-final loss to England.
Deputy chairman Peter Cosgrove will assume the position of acting chairman.
McGrath has conceded he had been drinking at the time.
