The Australian Embassy in Tel Aviv is providing a one-off assisted departure of Australians from the Gaza Strip.
DFAT's latest travel advice recommends Australians in Gaza and Israel "exercise a high degree of caution", citing the threat of rocket fire or terrorist attacks.
"Australians in the Gaza Strip should depart immediately.The Australian Embassy in Tel Aviv is arranging a one-off assisted departure of Australians who wish to depart from the Gaza Strip. There are no plans for any further assisted departures from Gaza," the advice reads.
The advice said Australians should avoid the Gaza Strip and the surrounding 40 kilometre zone.
"We strongly advise you not to travel to the Gaza Strip because of the extremely dangerous and unpredictable security situation and the possibility of further Israeli military operations. Australians in the Gaza Strip should depart immediately. The security environment in Gaza may further deteriorate. A number of civilians have been killed and injured during the current military confrontation."
Minister Bishop has condemned the exchange of fire in Gaza, urging both Israel and Hamas to exercise restraint and avoid escalating tensions.
"The retaliatory acts from both sides that have led to civilian deaths and injuries are deeply regrettable," she said.
Israel has vowed no let-up in its aerial bombardment of Gaza, which has claimed more than 120 Palestinian lives, as a defiant Hamas rains more rockets on the Jewish state.
Diplomatic efforts to end the hostilities have gathered pace, with US President Barack Obama phoning Israeli Prime Minister Benjamin Netanyahu and Washington offering to use its relationships in the Middle East to help end the hostilities.
But Netanyahu says he won't end the military campaign until he achieves his goal of stopping the Hamas rockets.
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