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The Australian market was down slightly today despite a strong lead from Wall Street overnight.
Australian equity markets were flat today despite negative leads from the northern hemisphere overnight.
The Australian sharemarket is largely flat after the government confirmed it was scrapping the carbon price floor this afternoon.
Australian shares fell today despite an afternoon revival yesterday. At 2.30pm, the S&P/ASX 200 was down 0.41% to 4116.10 and the All Ordinaries had dropped 0.41% to 4144.30.
The Australian sharemarket fell today after ABS figures showed GDP missed expectations for the June quarter.
The ASX sank into the red today, following Asian markets which have all posted losses so far in the trading day.
The Australian sharemarket fell slightly today as disappointing overnight leads caused hesitation in the market.