Lightning failed to strike twice for Canada as Australia cruised to Commonwealth Games gold, the Boomers making good on pre-tournament favouritism with an 87-47 romp in the final.
Canada stunned New Zealand with a last-second semi-final win on Saturday, but they were unable to back it up 24 hours later against the Boomers.
Australia, who were only really challenged once all tournament - by New Zealand in their pool game - broke open the game with a 14-0 run to start the second quarter.
With it they established a 24-point lead, Canada's spirits all but broken as the host nation cruised the rest of the way.
"The scoreboard suggested it was easy, but we saw what they did to New Zealand yesterday, they played a great game and won on the buzzer," said Boomers guard Chris Goulding, who top-scored with 11 points.
"We wanted to come out and show them the utmost respect and give them our A-game, which pushed the scoreboard out a bit.
"There was every danger if we disrespected them, we could have got our arses handed to us."
It completes a big few weeks for Goulding, who joined the Boomers camp just days after leading Melbourne to the NBL championship, where he was named finals MVP.
Having played with a mantra of unselfishness throughout the competition, the Boomers lacked direction early.
Their first possession resulted in a shot clock violation, while assists and turnovers were waging a running battle.
A pair of Goulding threes powered the host nation to a 20-10 quarter-time lead.
By the time Canada had scored their first points of the second stanza, there were just over four minutes remaining, by which time the game was as good as gone.