Coach Clark Laidlaw has already begun talks over a Pacific competition as a warm-up for the Tokyo Games.
COVID-19 has led to the cancellation of the World Series.
The legendary coach is stepping down from his role in charge of the national sevens side.
They've been asked to stay away from training, after symptoms in the Australian camp.
They will take on Fiji on Monday morning.
NZ will move on to a fifth-place playoff against the hosts.
The world champs beat France 24-7 in their semi-final.
NZ were outscored four tries to one.
The Kiwi women's side beat Japan 28-0 and scrapped past Russia.