Telstra is certainly accentuating the falls based on its magnitude in the index.

The [mainland] economy is growing at such a rate that any interest rate rise is just trimming around the edges. The reality is that supply of commodities is tight and demand is strong world wide.

Another day, another record for the market. Again its the usual suspects for the stocks that lifted the market ... the ones that have consolidated the market above 5,000 points.

As is often the case with these things the devil is in the details, and when we dug into some of the divisional performances we did see some weakness.

This remains our major concern. The decline in business revenue looks like it has continued to accelerate.

It's the same old stalwarts that drove the market in 2005 and have kicked off the year for 2006.