Only two episodes have aired, but Australians are already fascinated with Channel 10's The Masked Singer.

And according to NW Magazine, the network already has plans for a second season.

Channel 10 will reportedly announce season two in the coming days, and judge Dannii Minogue has already gone on record saying she will be returning.

Rumours: According to NW Magazine, Channel 10 already has plans for a second season of The Masked Singer. Pictured (left to right): judges Dannii Minogue, Jackie 'O' Henderson, Dave Hughes and Lindsay Lohan, and host Osher Günsberg

'We'd definitely be keen to return', Dannii told the publication. 'We've all said we'd be very up for coming back soon and doing another series.'

'It would be amazing and I don't think any of us would hesitate,' they added.

Despite Dannii's enthusiasm, a question mark still hovers over Lindsay Lohan, whose involvement in the show has been controversial.

Channel 10 will reportedly announce season two of The Masked Singer in the coming days, and judge Dannii Minogue (pictured) has already gone on record saying she will be returning

The American actress was mocked by fans for seemingly 'not recognising' the first two celebrities when they were unmasked.

Gretel Killeen was unveiled as The Octopus during episode one, while Australian cricket legend Brett Lee was revealed as The Parrot during episode two.

On both occasions, Lindsay appeared more confused than surprised.

Will Lindsay make a comeback? Despite Dannii's enthusiasm, a question mark still hovers over Lindsay Lohan (right, with Jackie O), whose involvement in the show has been controversial

The quirky show, which originated from South Korea, has been a lifeline for Channel 10, which looked set to end the ratings year in fourth place behind Seven, Nine and the ABC until last week.

The Masked Singer topped the ratings last Monday and Tuesday with 1.162 million and 1.054 million metro viewers respectively.

The Masked Singer Australia continues Monday and Tuesday night 7:30pm.