Rio 2016 LIVE: Highlights from Day 1

WATCH LIVE: Stream Day 1 of Rio 2016 on Plus7

The opening ceremony is over and now the Games are off and running.

Aussies are in action on Day 1 in archery, rowing, equestrian, cycling, rugby sevens, hockey, water polo, basketball, football, beach volleyball, gymnastics and swimming.

BRONZE MEDAL: Australia's first medal of the Rio Games and it's a first ever medal in the men's archery teams. The Aussies were too good for China in the bronze-medal shootout.

GOLDEN GIRLS SHINE: Australia's women's 4x100m freestyle relay team emphatically underlined their gold medal favouritism by setting a new Olympic Record in a heat swim.

With sisters Cate and Bronte Campbell opening their campaigns at the Rio Games, the Australians produced an ominous heat swim, clocking 3 minutes 32.39 seconds to be quickest qualifiers for Sunday morning's final.

Australia set a new Olympic Record in the women's 4x100m freestyle. Pic: Getty

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We'll keep you up to date on all the action as it happens:

SHOOTING: And the first gold medal of the 2016 Rio Olympics goes to American teenager Virginia Thrasher in the women's 10m air rifle.

SWIMMING: Australia cements its status as gold medal favourite with an Olympic record time in the heats of the women's 4x100m freestyle relay.

SWIMMING: Australian gold medal hope Mack Horton and countryman David McKeon both qualify for the final of the men's 400m freestyle.

SWIMMING: Aussie pair Thomas Fraser-Holmes and Travis Mahoney reach men's 400m Individual Medley Final.

SWIMMING: Emma McKeon moves into the semi-finals but Madeline Groves is out of the women's 100m Butterfly.

SWIMMING: The first world record in the Rio 2016 pool goes to Britain's Adam Peaty in the men's 100m breaststroke. Aussie Jake Packard is also through to the semi-finals after finishing second.

SWIMMING: Blair Evans and Keryn McMaster have both missed out on a spot in the finals of the women's 400m IM

CYCLING: Greg van Avermaet claims gold in a drama-filled men's road race. Australian rider Richie Porte crashed and and was reportedly taken to hospital with a broken collarbone.

BASKETBALL: The Boomers jump out of the blocks in style with a shock 87-66 win against heavyweights France in their opening pool game.

HOCKEY: The Australian men's team gets off to the perfect start with a hard-fought 2-1 win against Trans-Tasman rivals New Zealand.

RUGBY SEVENS: The Australian women's team has gotten off to a superb start with a commanding 53-0 win over Colombia.

ARCHERY: The Aussie men's team will play off for bronze after losing to Korea 6-0 in their semi-final.

TENNIS: Australia's John Millman steamrolled his way to a 6-0 6-0 first round win in 50 minutes over hapless Lithuanian Ricardas Berankis.

TENNIS: Aussies Thanasi Kokkinakis and Jordan Thompson have both bowed out of Rio 2016 after losing in the first round of the men’s tennis.

JUDO: The Rio Olympics is over for Australian debutants Joshua Katz and Chloe Rayner, who lasted a combined 161 seconds before losing in the first round.

Chloe Rayner competes against Laetitia Payet of France. Picture: Getty Images

BEACH VOLLEYBALL: Australia's Taliqua Clancy and Louise Bawden beat Costa Rica on Copacabana Beach.

ROWING: Australians Sally Kehoe and Genevieve Horton seal their place in the semi-finals of the Women's Double Sculls.

ROWING: Aussies Kim Brennan and Rhys Grant are through to the quarter finals of the singles sculls, finishing third and second respectively in their heats. It was Brennan's first race loss in two years.

ROWING: Australians Spencer Turrin and Alexander Lloyd win their heat and are straight into the semi-finals of the men's pair.

SHOOTING: Australian Olympic debutant Jennifer Hens has missed out on a place in the women's 10m air rifle finals, finishing 39th with a score of 410.1.

TABLE TENNIS: Aussies David Powell and Melissa Tapper have bowed out of the singles competition in the opening round.

Here are five key events on Day One which will determine Australia's quest for gold.

WOMEN’S 4x100m FREESTYLE RELAY (12.24pm Sunday AEST)

The Aussies have won this event at two of the past three Olympics, with a bronze medal at the other. A win here would also be a massive boost to the individual hopes of the Campbell sisters.

MEN’S ROAD RACE - RICHIE PORTE (10.30pm Saturday AEST)

On the back of a fifth placing in the Tour de France, one of the hardest courses in recent Olympic road race memory should be to the Aussie’s liking. A podium finish is within reach.

MEN’S BASKETBALL - AUSTRALIA v FRANCE (3.15am – Sunday AEST)

Tough one first up for the Boomers against a France side featuring four NBA stars, including four-time NBA champion and six-time NBA All-Star Tony Parker. A win could set up Australia for a run at second place in Group A.

MEN’S 400M FREESTYLE - MACK HORTON (11.30am AEST)

Traditional opening day event, which Ian Thorpe dominated to win gold in 2000 and 2004 to get the Aussies off to a flying start. Horton is the world No.1.

WOMEN’S FOOTBALL - AUSTRALIA v GERMANY (7.00am Sunday AEST)

After losing their opener to Canada, the Matildas need at least a draw against the world No.2, otherwise their path to the medal rounds will become very tough.