Balance is the third boat of that name owned by media money commentator Paul Clitheroe. He skippered his previous Balance, a Beneteau 40.7 to an overall IRC win in the 2006 Pittwater to Coffs Harbour race. His new Balance, a Sydney 47 had a good first regatta, winning three races and finishing second overall in IRC Cruising at Hamilton Island Race Week in 2006. In January 2007, the boat was third in Division A of the Pittwater to Coffs Harbour series. Paul recognises that the boat would go a lot better if he let more competent sailors skipper, but believes that if he is going to ignore his very public advice not to waste money, then at least he should enjoy it.