The local market edged slightly lower today, breaking a ten-day streak of higher closes.
At 1615 AEST official market close, the S&P/ASX 200 benchmark index edged down 0.11% to 5,111.3 points, while the broader All Ordinaries index inched 0.1% lower to 5,093.8 points.
IG markets analyst Chris Weston said the firm election date had not affected the markets.
"We always knew it would happen, it was just a timing issue," Mr Weston said.
But corporate issues had been weighing on the market, as Virgin Australia Holdings Ltd flagged a fiscal 2013 loss of between $95 million and $100 million, he said.
A fall in the Nikkei was likely affecting sentiment as well, Mr Weston said.
"Although, the Japanese earning season is going well with 70% of companies having reported quarterly earnings."