Runaway leaders Northern Rangers dropped points for just the second time this season as they were held to a 1-1 draw at Riverside.
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Joe McCormack's long-range free-kick put Rod Fulton's unbeaten side ahead but a tidy Mitch Roberts finish midway through the second half earned a point for the third-placed hosts.
While Fulton said it was a "scrappy" affair, Olympic coach Andy Hall said his team learned plenty from its first clash with the leaders.
"They were a bit of an unknown but once we figured them out we played our natural game and it was a fair result," Hall said.
Launceston United took advantage of the rare Rangers' slip-up with a 2-1 home win over Ulverstone.
First half goals from Fahim Moradi and a Sam Lowe penalty secured the win.
"Ulverstone were very well organised so it was a hard-fought win," said United coach Glenn Reading.
Launceston City lost 7-1 to Somerset.
Rob Shaw
Heralding the impact of Tasmanian sport without saying "punching above its weight" is not as easy as it sounds.
Heralding the impact of Tasmanian sport without saying "punching above its weight" is not as easy as it sounds.
