Where is it?
I'd give them partial points for trying. The trouble is where the arrow really should be painted, is also where the markings are for the pedestrian crossing.
King William Street (heading North) / Gilbert Street. I took another look at it this morning, the ped crossing is 1m wider than all of the others on the new KW section, which pushed out the Hook Turn. I guess someone painted the crossing wrong and then had to follow through with the mistake.