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If you do end up getting either Lumix, make sure you update the firmware on them as there were issues with OIS and AF from the original firmware. I've rented some of them that had older firmware.
My first choice was the Olympus 12-40mm 2,8 but I couldn't afford it. Got the Panny 14-45mm. Its nice but not constant aperature. Will probably sell it when I save enough to get the Oly.
http://www.ephotozine.com/article/olympus-m-zuiko-ed-12-40mm-f-2-8-pro-lens-review-24513
If youre serious about a single lens to cover most things, seriously consider the 14-140/3.5-5.6 . It may not be the fastest, but if you're shooting MMA under artificial light and rally under daylight, f5.6 should be adequate in those situations.