Australia's sharemarket has taken a hammering as investors voice concerns over the escalating conflict in the Middle East.

After it resumed trading today, the ASX 200 slumped 260.30 points or 2.9 per cent to 8590.708 - and dropped by 4 percent overall.

Australian correspondent Oliver Peterson says this is the worst day for the Australian markets since last year's 'Liberation Day'.

LISTEN ABOVE

Australia's sharemarket has taken a hammering as investors voice concerns over the escalating conflict in the Middle East.
After it resumed trading today, the ASX 200 slumped 260.30 points or 2.9 per cent to 8590.708 - and dropped by 4 percent overall.
Australian correspondent Oliver Peterson says this is the worst day for the Australian markets since last year's 'Liberation Day'.
LISTEN ABOVE

With a straight down the middle approach, Heather du Plessis-Allan Drive on Newstalk ZB delivers the very latest news and views to New Zealanders as they wrap up their day.

Heather du Plessis-Allan Drive

Oliver Peterson: Australian correspondent on the Middle East conflict's impact on the markets

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/2f9f95d3-709a-471e-94c5-b4080043a596/transcript