It was a scintillating game, befitting a season decider between the two most decorated teams in the history of the competition.
Both sides were packed full of representative players, a fact reflected by the quality of the match.
Sydney broke away early and was not headed as it held off a determined effort from the minor premiers to record an historic last ever Commonwealth Bank Trophy with the introduction of the Tasman Trophy next year.
The Swifts surged to a 16-10 lead at quarter-time and extended their advantage to eight goals, 27-19, at the main break.
The Phoenix clawed their way back in the vital third quarter to cut the deficit to four midway through the term before the Swifts fought back to lead by eight heading in the final term.
The Swifts managed to maintain their advantage in the final 15 minutes, despite a desperate effort from the Phoenix to claim their fourth title and back-to-back trophies, much to the delight of the 8,000-strong Sydney crowd.