All but one state and territorial leaders will meet face to face for the last meeting of the year of the National Cabinet.
The Morrison government had agreed to buy more than 50 million doses of the vaccine, but clinical trials have stopped.
Prime Minister Scott Morrison shared some photos from the meeting.
But Western Australian Prime Minister Mark McGowan has refused to join the meeting in person.
The first doses of COVID-19 are expected to be administered in March to highest-risk and front-line workers.
Yesterday, Morrison told 2GB’s Ray Hadley that he anticipates vaccines could start “a little earlier” than the scheduled start date for March.
The first vaccine is expected to be approved for use in late January.
The vaccine will also be key to reopening Australia’s international borders.
Australia’s agreement with four potential vaccine programs has brought the country’s vaccine investment program to more than $ 3.5 billion
30 million doses of the AstraZeneca COVID-19 vaccine developed by the University of Oxford are being prepared, while the agreement with Novavax includes 40 million doses of its candidate, NVX-CoV2373.
Ten million doses of Pfizer’s mRNA-based candidate will be available to Australians, if successful against COVID-19.