Stocks to watch on the Australian stock exchange on Wednesday:

ANZ – ANZ BANKING GROUP LTD – down six cents at $20.99

CBA – COMMONWEALTH BANK OF AUSTRALIA – down 26 cents at $49.70

NAB – NATIONAL AUSTRALIA BANK LTD – down 37 cents at $24.28

WBC – WESTPAC BANKING CORPORATION – down 23 cents at $21.46

The big four banks said their interest rates were under review after the Reserve Bank of Australia’s (RBA) 25 basis point interest rate cut on Tuesday.

CLR – CARABELLA RESOURCES LTD – down seven cents at $1.33

Queensland coal explorer Carabella has raised $24 million from institutional shareholders to continue developing its coking coal project in the Bowen Basin.

ORI – ORICA LTD – down 46 cents at $25.85

Chemical giant Orica will be able to resume some of its Newcastle operations after a committee lifted a prevention notice issued after a leak in November.

STO – SANTOS LTD – down 18 cents at $13.36

The Devil Creek gas processing plant in Western Australia has produced first gas, boosting WA’s gas supply by up to 20 per cent.

SVW – SEVEN GROUP HOLDINGS LTD – down nine cents at $7.39

NHR – NATIONAL HIRE GROUP LTD – up 37 cents at $3.73

Seven Group Holdings has finalised its takeover of equipment hire company National Hire after a major shareholder accepted the offer.