Tributes started flowing in from other former greats and teammates.
Glenn McGrath, Matthew Hayden and Shane Warne hailed Punter.
"Well done Punter on an incredible career. It would be great to see you finish with a ton. It was an honour to play alongside of you. #legend," tweeted McGrath, who won three World Cups in 1999, 2003 and 2007 with Ponting.
Former left-handed opener Hayden said: "Punter, congratulations on a fantastic career. Your departure will be a massive hole in the Australian Cricket team."