Team GB two gold, Australia one. Time to panic?

There were a few expectations before the Olympics began - two being that Australia would prosper in the pool and Great Britain would take in the customary swollen home Games medal haul.

Neither have come to pass yet - and with each passing day it's looking more likely that only the latter might still come to fruition.

Both nations have kept a tight lip on verbal sparring while things look so dire on the medal table.

Great Britain clenched their cheeks when Mark Cavendish failed in the opening day road race - he even had the nerve to blame Australia. Rebecca Adlington couldn't repeat her gold medal heroics in the pool and when Lizzie Armistead was pipped at the post in women's road race, what should have been three golds was still zero.

But a look back into history will tell us, however, that it's not all bad news for Team GB. On average it takes a around 4.9 days for the Brits to produce an Olympic champion and in 2012 they have two even before day five is done.

The home Olympics jitters seem to be over and Team GB seems bound for success.

Things don't seem quite so bright Down Under, however.

After day two of competition Australia was looking slightly better off with Christian Sprenger's silver making sure we had added one to the corresponding Beijing tally.

But by day four in Beijing Stephanie Rice's triple gold haul and a swag of bronze medals pushed Australia up to sixth in the overall standings - in London we sit 14th at the same stage.

In comparison the women's relay gold medal in the pool this time around is looking lonely and with each passing day it looks a little lonelier.

In Beijing, Australia finished sixth, fourth in Sydney and Athens, and seventh in Atlanta.

The last time Australia sat lower on a medal table than or current fourteenth was actually at Seoul 1988 where three gold medals saw the team finish 15th.

Australia's deputy chef de mission Kitty Chiller, is not panicked in the least.

"Very early days, we're only just starting the second quarter," she said.

"We've got rowing, we've got track cycling, we've got sailing, genuine gold medal hopes - three in each of those events.

"We still we can finish top five overall."

Australia lost Lleyton Hewitt in the men's singles but his sparkling fight against Novak Djokovic could be exactly what is needed to ignite the green and gold.

If all this has got you a little down - don't worry here's what you still have to look forward to; James Magnussen and Eamon Sullivan in the pool. Matthew Mitcham defending his diving title and Sally Pearson and Steve Hooker begin their campaigns in Stratford. Anna Meares will be quick in the velodrome. And as always the Kookaburras will be very difficult to stop.

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