Aust stocks set to open lower

Local market tipped to begin weaker ahead of unemployment figures.

The Australian stock market is set to open lower ahead of the release of official jobs figures.

At 0659 AEDT, the December share price index futures contract was down 20 points at 5,120.

The Australian Bureau of Statistics releases September labour force data at 1130 AEDT, with economists expecting the unemployment rate to remain at 5.8%.

In other economic news, NAB releases its September quarter Australian residential property survey.

In company news, Bank of Queensland issues its full year results, and NAB chief executive Cameron Clyne is scheduled to deliver a speech at a Trans-Tasman Business Circle event in Melbourne.

Toll road owner Transurban Group holds its annual general meeting, also in Melbourne.

On Wednesday, the Australian share market edged higher, with the benchmark S&P/ASX200 index adding 3.6 points to 5,153 and the broader All Ordinaries index gaining 3.5 points to 5,151.6.

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