Midday Market Update: Aussie Trounced

Unsurprisingly, the Aussie market is getting trounced so far today. The local bears have dug their claws right into the market, dragging it 75 points (-1.5%) lower, to 5112. No corner of the market has been spared the carnage, with materials, healthcare and consumer discretionary stocks the worst in show. While offshore leads are sending