Nathan Outteridge and Iain Jensen won the men's 49er gold at the London Olympics on Wednesday, giving Australia a second sailing gold of the Games.
Outteridge and Jensen were already mathematically assured of topping the standings coming into the closing medal race, and New Zealand's Peter Burling and Blair Tuke had silver in hand.
The teams had only to show up and compete -- Burling and Tuke sealing their second place to earn New Zealand's 100th Olympic medal.
Six of New Zealand's 10 medals in London have come in events involving boats -- five in rowing and one in sailing.
In a wide-open battle for bronze, Peter Lang and Allan Norregaard finished the medal race in third place to beat out Great Britain's Stevie Morrison and Ben Rhodes.
"Finally after four years of hard work it's just a lot of satisfaction," Outteridge said. "It's all sinking in at the moment - a dream come true."
Outteridge and Jensen claimed Australia's second gold of the Olympic sailing competition at Weymouth, after Tom Slingsby's Laser victory.
The sailors' efforts have been a boost for a country struggling to strike gold in other sports.
"We've been getting quite a lot of attention from the media over the last few days," Outteridge said. "We're not really used to that. It's good for our supporters and we're just glad we can be a part of it."