Puddles had formed on the outfield, with the square under full covers at the scheduled start time of 10:15am.
There was therefore no prospect of play for several hours at best, and just after 1.30pm it was confirmed the match would be cancelled without a ball being bowled.
The second One-Day International is scheduled to take place at Old Trafford, Manchester, on September 8.
England and Australia then do battle in Birmingham on September 11, Cardiff on September 14 and Southampton on September 16.
- Sports & Recreation