Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently down 1.12% at lunch.
The share price of Australia and New Zealand Banking Group (ASX: ANZ) is down 2.2% with the whole ASX dropping on international worries about global growth.
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Shares of National Australia Bank Ltd (ASX: NAB) have fallen 1.1% after Chairman-elect Philip Chronican has outlined where he thinks the future growth will come from for the bank.
The Westpac Banking Corp (ASX: WBC) share price is down 1.6% with the major bank announcing the latest remediation costs that it will be recognising in its accounts.
The share price of BHP Group Ltd (ASX: BHP) is down 1.75% and Pilbara Minerals Ltd (ASX: PLS) shares are down nearly 5% with strong weather conditions disrupting mining activities in WA.
A damaging international shares sell-off is also hitting the ASX with Altium Limited (ASX: ALU) shares down 6.4% and Appen Ltd (ASX: APX) shares down 4.9%.
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