By business reporters Alicia Barry and Michael Janda The Australian share market is falling sharply as global growth worries send investors running for the exit. After a stellar day on global markets yesterday, jitters have returned, sparked by worries about eurozone growth. Wall Street was sold off heavily and the volatility index, which measures fear, spiked 23 per cent to its highest level since February. On the local market, miners and energy companies have been hit hardest, but most listed firms are trading in the red. More » |
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