Australia was among a small handful of the world's advanced economies to avoid recession during the global financial crisis. But was this by luck, design, or a combination of both?
Mr Swan's claim that Australia's relative economic success avoiding recession during the global financial crisis had nothing to do with the mining boom is over the top. While mining investment, commodity prices and mining jobs fell during the key period of the global financial crisis, experts told Fact Check that the mining boom placed Australia in a strong economic and fiscal position ahead of the crisis, and helped accelerate the post-crisis recovery. Lending a hand were a low exchange rate and stimulus spending in China, which helped sustain mining exports during the crisis.  Mr Swan is entitled to say his government's swift and decisive response was a key reason Australia did not follow most of the developed world into recession. But his emphatic rejection of the role of mining goes too far.
Fact check: Did the mining boom play no role in staving off a recession during the global financial crisis?
['None']