Daniel Ricciardo was encouraged by Red Bull's performance in Australia and thinks they are "really close" to catching Ferrari.
The home favourite recovered well from a three-place grid penalty for a red flag violation, making up four places from P8 to P4 and narrowly missing out on a podium to Ferrari's Kimi Raikkonen.
Although the wait goes on for Ricciardo to celebrate on the podium with his home fans, he is buoyed by Red Bull's race pace ahead of the next round in Bahrain.
"I obviously tried to do all I could with Kimi," he told Sky F1.
"It's a tight track, it is tricky to overtake but we set the fastest lap and that's really good signs for things to come in the next few weeks.
"I think we're really close to Ferrari's pace. We had the fastest lap so we were definitely one of if not the quickest car on track today.
"Hopefully that's representative moving forward, I think we've still got to find pace on one lap but the race pace is good."