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The Opals are guaranteed to play for a medal in Paris after triumphing over Serbia in their quarterfinal.
The Australian women's basketball team won 85-76 at Paris's Bercy Arena on Wednesday to book a likely semifinal with either seven-time defending champions the United States, or Nigeria.
They led by 28 points at one stage, answering Serbia's seven-point run to score the next 17 and kill off the contest.
The US, who face Nigeria on Thursday morning AEST, are the raging favourites to win that quarterfinal.
The US has not lost a game at the Olympics since 1992, notching 58 consecutive wins, 56 of those by double figures.
Spain play Belgium and France meet Germany on the other side of the draw.
ABC Sport is live blogging every day of the Paris Olympics
Australia led the US at half-time in their London 2012 semifinal before losing by 13 points, eventually settling for bronze.
That was the last of five consecutive Games minor medals for Australia, who were upset by Serbia and flogged by the US after poor Rio and Tokyo campaigns in 2016 and 2021 respectively.
But this time the Opals, behind evergreen point guard Sami Whitcomb and an array of contributors, are running hot following a shock opening loss to Nigeria.
Wednesday's victory was comprehensive at both ends, with tremendous defensive pressure complemented by methodical offence and sensible shooting.
Whitcomb, an Olympic rookie at 36, has been central to that form surge, the architect on offence finishing with 15 points, four assists, three steals and just one turnover on Wednesday.
She made two timely three-pointers in the third quarter to swell the lead beyond 20, while earlier their team defence led to five stops towards the end of the half snuffed out Serbia's run just as they'd reduced the margin to single figures.
Rookie guard Jade Melbourne (18 points, five assists) has grown into the tournament, mother and three-time Olympian Cayla George (18 points, four rebounds, three steals) has found arguably career-best form as a bench threat and Alanna Smith (22 points, 13 rebounds, four assists) did as she pleased in the quarterfinal.
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AAP