The Aussie market is trading slightly lower heading to the afternoon session.
The ASX200 is currently down eight points (-0.2%), at 4204.
Over half the sectors are in the red, with financials headlining the declines.
In company news, Alesco Corporation (ALS) is up over 10% after announcing the sale of its Parbury Decorative Surfaces business, as well as its small plastic mouldings business, Dekoform.
The sale price for the two businesses is approximately $4 million.
The key Asian markets are mixed, with the Nikkei up around 0.3% and the Chinese markets – the Hang Seng and Shanghai Composite – down less than 0.5% each.