Appliancesonline.com.au defeated Pure Blonde (Nick Press) by 19 seconds with Fisher & Paykel (Andrew Cuddihy) a further 35 seconds back in third place.
Minor placings were filled by Asko Appliances (Hugh Stodart) in fourth place, followed by Ssangyong Yandoo (John Winning) and De longhi (Grant Rollerson)
After two general recalls, appliancesonline.com.au and Macquarie Real Estate (Micah Lane) won the start at the pin end of the line.
As the fleet progressed up the windward leg appliancesonline opened up a handy break over Macquarie Real Estate with Omega Smeg (Daniel Phillips) and Fiat (Michael Coxon) in close pursuit.
The three buoys handicap system came into play at the windward mark when Pure Blonde (red marker) took advantage to head appliancesonline (blue marker) as spinnakers were set for the run to the wing mark.
The pair were close together at the wing mark but had opened up a small break over the next group which was headed by Belle Property (Joe Turner).
Fisher & Paykel was next followed by Omega Smeg, Asko Appliances, De longhi, Macquarie Real Estate, Active Air-2UE and Noakes Youth, which had two females – including usual skipper Jacqui Bonnitcha who crewed today.
Fiat was now back in 19th place after going to the white marker windward buoy.
Appliancesonline led at the bottom mark (Clarke Island) but positions were again reversed at the windward mark.
The handicap system was working perfectly and kept spectators guessing about the eventual outcome.
At the windward marks on the third lap appliances led narrowly from Pure Blonde with Fisher & Paykel now in a clear third place.
The breeze lightened on the final spinnaker run and there was little between the three leaders as they approached the wing mark.
On the run home between the islands Appliancesonline edged away to a well deserved victory.