At 10:30 (AEST), the benchmark S&P/ASX 200 index was up 7.50 points or 0.11 percent at 6,596.00, while the broader All Ordinaries index was up 8.20 points or 0.12 percent at 6,820.40.
An overall positive outlook was driving market moves overseas, however much of the Aussie market recorded a subdued start to trading.
Notably the country's big banks posted modest losses as did healthcare, communications and utilities, while the heaviest sector was energy, adding to recent losses driven by a slump in the price of oil.
Pushing the Aussie share market into positive territory to start the day was materials with broad gains across the sector, supported by positive vaccine news and the possibility of a speedy economic recovery from the COVID-19 pandemic.
In the financial space, the big banks were mostly lower with Westpac Bank down (0.54 percent), National Australia Bank down (0.39 percent) and Commonwealth Bank down (0.91 percent), however ANZ was up (0.09 percent).
Mining stocks rallied with Rio Tinto up (1.46 percent), BHP up (1.84 percent), Fortescue Metals up (0.76 percent) and goldminer Newcrest up (0.76 percent).
The country's oil and gas producers varied with Oil Search down (0.55 percent), Santos unchanged (0 percent) and Woodside Petroleum down (0.77 percent).
Australia's largest supermarkets also varied with Coles unchanged (0 percent), and Woolworths up (0.61 percent).
Meanwhile telecommunications giant Telstra sank (0.65 percent), the national carrier Qantas dropped (0.55 percent) and biomedical firm CSL lifted (0.14 percent).
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