"Those $900 cheques kept Australia out of recession during the Global Financial Crisis."
Really?
You don't think it had something to do with the fastest pace of industrialisation in China which drove mineral commodity prices to record levels and which, in turn, prompted record investment in iron ore, coal, LNG and other natural resource projects and resources-related infrastructure?
(A little bit of knowledge is a dangerous thing, and in your case this is no better proven than in your oft-made sweeping assertions that fall foul of the Error of False Causality)