Now world economists are predicting a slight rise in the September quarter. They expect the annual rate will drop to 2.3%. 

 

Foreign companies are angry about moves by Telstra to increase what it can charge for access to its network. 

 

Optus' 4G network warned consumers will pay more if Telstra's latter increase wholesale routs right to finalize by just over 7%. Our consumer affairs reporter Amy B. just explains. 

 

Telstra's argument is that over the next five years there are gonna be 60% of the customers that are on the copper network currently would be switching …, and surprisingly the other … are particularly happy with this … 

 

Amy B. there. 

 

Let's go to the markets: 

 

Wall Street jumped as investors hope for more stimulus out of Europe and London. The FTSE is up more than 100 points. 

 

Checking commodity prices now: 

 

West Texas Crude is trading at 83 US dollars a barrel. Tapis Crude 88 US dollars a barrel. Gold is at 1,250 US dollars an ounce. And the Australian Dollar is buying 88 US cents, 69 Euro cents or 54 Pence Sterling.