Jannik Sinner claimed a huge statement win to announce himself as a Grand Slam force and become the first player in six years to beat Novak Djokovic at the Australian Open.
Sinner had emerged as the most likely threat to Djokovic ahead of the tournament after beating him twice in as many weeks at the end of last season at the ATP Finals and Davis Cup.
But the one-sided nature of this result took everyone by surprise. The 22-year-old Italian absolutely hammered the Serb, who won a paltry total of three games as he fell two sets behind.
Djokovic rallied to save a match point in the third-set tie-break to give himself a sliver of hope but there was no dramatic comeback, with Sinner regrouping impressively and going on to clinch a dominant 6-1, 6-2, 6-7, 6-3 victory after three hours and 22 minutes.
"I started off really well. He missed in the first two sets. I felt like he was not feeling that great on court so I just tried to keep pushing," said Sinner.
"Then in the third set I had match point and I missed the forehand but this is tennis. I just tried to be ready for the next set, which I started off really well."
Sinner, 22, said he felt he had learned from defeat to Djokovic in last year's Wimbledon semi-finals – the furthest he had previously gone at a Grand Slam – and had been looking forward to the match.
"I think we play really similar, you have to return as many balls as possible, he's such an incredible server," he said. "So I was just trying to push him around a little bit – I'm not going to tell you the tactics."
Djokovic, who had not lost in Australia since a fourth-round defeat by Hyeon Chung amid elbow problems in 2018, had been seeking a record-extending 11th title at Melbourne Park and a 25th career major to put him clear of Margaret Court.
"He outplayed me completely today," said Djokovic, who racked up 54 unforced errors and failed to create a single break point. "I was shocked with my level in a bad way. Not much that I was doing right. This is one of the worst Grand Slam matches I have played, that I can remember.
"At the same time, credit to him for doing everything better than me in every aspect of the game."
Sinner will face Daniil Medvedev in Sunday's final after the Russian fought back from the brink to beat Alexander Zverev 5-7, 3-6, 7-6, 7-6, 6-3.
Having suffered heartbreak at Melbourne Park in back-to-back final defeats by Novak Djokovic and Rafa Nadal in 2021 and 2022, former US Open champion Medvedev will hope to get third time lucky.
"Very impressive," third seed Medvedev said of Sinner. "I need to recover well and be 100 per cent on Sunday.
"We have a saying 'third time lucky'. Let's see, I can say from experience that it's not always like this but hopefully here it'll work. It would mean a lot. This court is not my best court in terms of my performance and my self-esteem."
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Ten tax points to be aware of in 2026
1. Domestic VAT refund amendments: request your refund within five years
If a business does not apply for the refund on time, they lose their credit.
2. E-invoicing in the UAE
Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption.
3. More tax audits
Tax authorities are increasingly using data already available across multiple filings to identify audit risks.
4. More beneficial VAT and excise tax penalty regime
Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.
5. Greater emphasis on statutory audit
There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.
6. Further transfer pricing enforcement
Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes.
7. Limited time periods for audits
Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion.
8. Pillar 2 implementation
Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.
9. Reduced compliance obligations for imported goods and services
Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations.
10. Substance and CbC reporting focus
Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity.
Contributed by Thomas Vanhee and Hend Rashwan, Aurifer
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Company Profile
Name: Thndr
Started: 2019
Co-founders: Ahmad Hammouda and Seif Amr
Sector: FinTech
Headquarters: Egypt
UAE base: Hub71, Abu Dhabi
Current number of staff: More than 150
Funds raised: $22 million
Read more from Aya Iskandarani
Guide to intelligent investing
Investing success often hinges on discipline and perspective. As markets fluctuate, remember these guiding principles:
- Stay invested: Time in the market, not timing the market, is critical to long-term gains.
- Rational thinking: Breathe and avoid emotional decision-making; let logic and planning guide your actions.
- Strategic patience: Understand why you’re investing and allow time for your strategies to unfold.
