Nelly Korda leads the way at the ISPS Handa Women's Australian Open after a blistering third-round 67 moved her to 12-under for the tournament and three shots clear of the chasing pack.

The 20-year-old American holds the advantage over Japan's Haru Nomura, with England's Jodi Ewart Shadoff four shots off the lead heading into the final round.

Shadoff, who shared the lead after the first round at The Grange Golf Club, remains in contention after a round of 70 on Saturday to post a total of eight under par, a score she shares with Korea's Jeongeun Lee and Taiwan's Wei-Ling Hsu.

Compatriot Bronte Law is just a shot further back in a group of three after also going round in 70.

Stephanie Meadow squeezed under the cut mark on Friday thanks to a second successive 73. She posted a 74 on Saturday and sits on four-over-par.