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In a four-over burst they ripped out the Pakistan tail at Lincoln Oval in Christchurch to become the first country to claim the crown three times.
After being sent into bat first Australia posted 207 for the loss of nine wickets with Kane Richardson notching up a rapid 44, Tim Armstrong adding 37 and Jason Floros 35.
The match appeared evenly poised when Pakistan, two-times winner of the tournament, started the 43rd over of their reply needing 51 runs with four wickets in hand.
But the collapse started when offspinner Floros bowled Pakistan captain Azeem Ghumman for 41.
It was Floros’ sole wicket in the final but provided an important breakthrough as the remaining three Pakistan wickets tumbled within four overs for the addition of only 26 more runs.
Australian had earlier started their innings shakily and were 23-3 and then 82-5 before Richardson put steel into the performance with his run-a-ball cameo to ensure Australia passed the psychological 200 mark.
Pakistan made a steady start to their reply and were 110-4 after 30 overs but aside from Ghumman and 36 from Ahmad Shahzad there was no batting of significance.
Australian fast bowler Josh Hazlewood took the man-of-the-match award with four for 30.
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