Reserve Bank governor Graeme Wheeler is expected to leave the official cash rate unchanged in his final review of 2013, while giving financial markets little reason to change their view that the tightening cycle will start in the first quarter. By March the OCR is expected to be at 2.75 percent, rising to 3 percent in the June quarter and …

Telecom Corp, the country’s biggest telecommunications company, has sold its Australian AAPT unit for A$450 million to ASX-listed internet service provider, TPG Telecom, beating initial expectations of what the unit would go for. The Goldman Sachs-managed sale is expected to be completed on Feb. 28, and was at a multiple of about 6.4 times AAPT’s recurring annualised earnings before interest, …

Investors will have to make it through another week of the “will they, won’t they taper this month”-guessing game before US Federal Reserve policymakers next meet on December 17-18. Clues might come on Monday when Richmond Fed Bank President Jeffrey Lacker speaks at the economic outlook conference in Charlotte; St Louis Fed Bank President James Bullard talks on the economy …