- In Sydney, Rio Tinto was among the early gainers after the company confirmed pricing of $3.5B in 5 and 10-yr bonds, while also noting that the debt raise is not meant to be interpreted as initiated "plan B" to the Chinalco deal, maintaining its continued commitment to China partnership. Qantas Airways extended its decline after yesterday's FY09 profit estimate cut however, falling over 3% on S&P downgrade and CEO announcement that the company is not seeking buyers. RBA Head of Financial Stability spoke, commenting on few Australians facing the prospects of negative equity in home loans as monetary authorities stood ready to act further in the event continued housing price decline

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