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Australia equals its best Olympic performance with the first-ever gold medal in park skateboarding - our second victory in just a few minutes

Teenager Keegan Palmer has won gold in the men's park to become the first Australian to win an Olympic medal in skateboarding.

Palmer, who was born in the US and raised in Australia, produced an epic 95.83 with his last ride in the final to completely obliterate the opposition and secure Australia's 16th gold medal of the Tokyo Games.

So dominant was the 18-year-old that the second highest of his three rides in the final - a 94.04 - would have also been good enough to win gold.

Brazil's Pedro Barros claimed silver with a score of 86.14 with American world No.2 Cory Juneau taking bronze with 84.13.

Fellow Australian Kieran Woolley finished fifth with a best ride of 82.04.

Teenager Keegan Palmer has won gold in the men's park to become the first Australian to win an Olympic medal in skateboarding

Teenager Keegan Palmer has won gold in the men's park to become the first Australian to win an Olympic medal in skateboarding

Gold Coast teenager Keegan Palmer (pictured) snared Olympic gold in the men's skateboarding final on Thursday

Gold Coast teenager Keegan Palmer snared Olympic gold in the men's skateboarding final on Thursday

It was also the debut of skateboarding as a sport at the Olympics, ensuring Palmer has forever etched himself into sporting history.

Palmer's gold medal triumph equals Australia's best ever return at an Olympic Games, with 17 to date. 

An emotional Palmer was mobbed by his fellow athletes at the skate park after his exploits in the final.

After he secured the win, Palmer clasped his hands over his mouth as the enormity of what he had just achieved began to sink in.

'It's an absolute honour,' Palmer told NBC.

'I've been training for so long. I've been working my ass off for a long time.'

Australian teammate Kieran Woolley said it was 'sick' Palmer had delivered on the world stage.

'We're in a pretty strict lockdown but we might sink a few beers,' he said.

'I am so honoured to even call him my mate.'

Woolley went onto describe Palmer as a formidable competitor who 'took it to the next level'.

'It is legendary - Australia's first Olympic skateboarding gold. What a beast,' he said.

'He's a super cool dude. We've been pushing each other and skating better and better.'

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