THE Australian market looks set to open flat after international markets rose amid optimism prospective Federal Reserve chief Janet Yellen will continue economic stimulus measures. At 6.50am AEDT today, the December share price index futures contract was up three points at 5368. In economic news today, the Reserve Bank of Australia holds its Payments System board meeting. In equities news, Lend Lease Group, MacMahon Holdings, Automotive Holdings and Perseus Mining have annual general meetings scheduled. In Australia, the market yesterday closed higher due to indications economic stimulus in the US is likely to run into next year. The benchmark S&P/ASX200 index added 36.2 points, or 0.68 per cent, to 5355.4. The broader All Ordinaries index gained 34.5 points, or 0.65 per cent, at 5352.