Hackett, unbeaten in the event for seven years, led all the way to win gold in 14 minutes 43.40 seconds, breaking the Olympicrecord set by his fellow Australian Kieren Perkins at Barcelona in 1992.
Two years after breaking that record, Smith would become the Olympic 200m champion amid well-documented controversy, but it could be argued that his 19.5, set on a cinder track, was an even greater performance.
In addition, a collection of memorabilia associated with the record-breaking run, including the watch used by Olympic gold medallist Harold Abrahams to time it, is going on show at Pembroke College.