Source : Webster's Revised Unabridged Dictionary (1913)

Australize \Aus"tral*ize\, v. i. [See {Austral}.]
   To tend toward the south pole, as a magnet. [Obs.]

         They [magnets] do septentrionate at one extreme, and
         australize at another.                   --Sir T.
                                                  Browne.