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Australian market skids on Greece

The Australian share market is down well over one per cent in the wake of debt-ridden Greece's decision to reject international creditors' tough bailout terms.

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Read more: GreeceNoMr SpoonerAESTAGLANZBHP BillitonCMC MarketsCommonwealth BankEconomicsFortescue MetalsGreeksNational Australia BankRic SpoonerRio TintoSundayTuesdayWestpac