Australia Market Report of July 30: Banks to Claw Back the Margin Lost

  Sydney, Australia, July 30, 2008 - (ABN Newswire) - The Australian share market fell 1.5% on Tuesday after a disappointing lead from the US triggered nervousness over local financial stocks.Wall St was buoyed by a drop in the oil price and positive consumer confidence data. A survey shows in the US home prices in the 20 large cities declined 0.9 per cent on a monthly basis to May.  

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