Scott Morrison is confident premiers won't rush to close state borders again as NSW authorities race to solve the puzzle created by five new cases of coronavirus.
Premier Mark McGowan is awaiting advice from health experts before making any travel restriction decisions, after a Sydney airport worker tested positive to COVID-19.
China's industrial output grew in line with expectations in November, expanding for the eighth straight month as the economic recovery gathered pace and global demand picked up.
Investors have helped deliver gains to Australia's share market, along with most Asian markets, and may be looking to a rosier future since the US approved a coronavirus vaccine.
Australia's share market delivered gains for the seventh consecutive session but an investment strategist did not think the `Santa Claus rally' investors crave will eventuate.
Iron ore miners have powered the Australian share market higher, however strong Chinese demand for the commodity could still hit a snag according to an analyst.
Investors have enjoyed a fifth consecutive week of gains on the share market, but returns are becoming limited and a climbing Aussie dollar could pose trouble.
Miners have surged on the Australian share market after developments that bode well for iron ore and coal exporters, with the main indices closing higher.
ASX investors have started the month with gains after a broad-based rally, as Australia prepares to exit recession when GDP data is published on Wednesday.