The sectors are fairly evenly balanced with materials and industrial plays leading the way, whilst IT and consumer staples issues are struggling.
In company news, Iluka is up more than 5% after delivering strong quarterly results and reaffirming their FY12 guidance.
In economic news, the unemployment rate fell from a 10-month high to 5.2% in September.
Total employment rose by 20,400, against an expected increase of 10,000 and an unchanged jobless rate of 5.3%.
Around the region, Asian markets are mixed; the Hang Seng and Nikkei are up approximately 1% each, whilst the Shanghai Composite is down 0.4%.