1It has been a nail-biting week for the growing army of New Zealand America's Cup fans. The racing has been enthralling, not least because both of the state-of-the-art racing yachts were built here in New Zealand. Win or lose, the New Zealand marine industry is out to capitalise on the interest generated by the America's Cup contest, and believes it can double its exports over the next seven years. This would make the America's Cup a bigger foreign exchange earner than the New Zealand wine industry. But are their expectations realistic? Can we make these ultra-high performance racing yachts go even faster? What kind of craft are likely to be racing for the America's Cup five years from now?

2Update on a programme from two weeks ago which explored allegations of illegal activity by the New Zealand Security Intelligence Service (SIS) and the Service's possible connection with the military regime in Fiji following a raid on the Auckland home of former Fijian Cabinet Minister Rajesh Singh. Since then, Prime Minister John Key has said that he has been advised by the Inspector-General that no complaint has been received. What developments have taken place over the past fortnight?