There's been success for Australia at the velodrome in Beijing with sprinter Anna Meares through to the semi-finals of the Women's Sprint.
But that result was tempered by the loss by Australia's Men's 4000m Pursuit team on Monday evening to New Zealand in the bronze medal decider.
Meares will ride off against local favourite Guo Shuang on Tuesday for a place in the gold medal-decider after defeating Clara Sanchez of France in straight sets.
Meares won the first race in the best-of-three format comfortably, but was pushed hard in the second, getting across the line ahead of Sanchez by inches.
Our men's pursuit team - Jack Bobridge, Graeme Brown, Mark Jamieson and Luke Roberts - trailed throughout against the more highly-fancied Kiwis and were never genuinely in it.
In the ride-off for gold, the powerful Great Britain pursuit team crushed Denmark in a new Olympic and World Record time, three minutes 53.314 seconds.
Earlier, a brave Kate Bates blamed 'bad legs' for her sixth-placing in the Women's Points Race.
Bates was right in the mix for medals with 10 laps remaining and mathematically within reach of silver behind the eventual winner, Marianne Vos of the Netherlands who had cleared away to a big lead.
But she was simply unable to respond over the closing stages.
"To be honest, after about 10 laps into the race, I thought, 'oh good god, this is going to be a long hundred laps'," Bates said. "I just kept trying to take opportunities and make them beat me."
"I just had pretty bad legs, I left it all out there and that was all I had today."
"It was a little bit disappointing; I was world champion last year and I think I was looking today at realistically standing on the podium."
"I had nothing more in me today so I can be disappointed that I'm not on the podium, but I'm not disappointed with my ride."
Bates agreed that her decision to contest the road race in Beijing may have detracted from her track campaign, but said that, at 26, she has the time and the desire to get her act together for London in 2012.
"This isn't it for me," she said.
"My career has had so many highs, but there's more to come and the Olympics is the one thing that I haven't scored a goal at yet so, I'll crack on."