The ASX 200 tumbled 3.4 per cent.
Market takes biggest plunge in 6 months
Posted
Updated
The Australian share market has had its worst day since January 22, when stocks fell 7 per cent.
Financials hit after NAB makes $830m warning
Financial stocks are reeling today after the National Australia Bank (NAB) announced a surprise widening of its exposure to bad and risky debt.
Features and Analysis
Ford focus
Hit by spiralling fuel prices, Ford has posted its biggest ever quarterly loss of nearly $US9 billion.
Credit crisis
Investment bankers are grappling with a radically changed economic landscape full of uncharted risk and complexity.
New gold rush
Scientists have identified a patch of land in Victoria which they believe contains $32 billion worth of gold.
Breaking point
Truck drivers say rising fuel costs and declining pay rates are forcing the industry to the wall.
Brighter future
There are new signs of hope within Australia's airline industry despite record oil prices.
Business Video
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Stockmarket: Market takes biggest plunge in 6 months
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