The Australian share market closed at a four-year low on Monday on renewed fears of a global recession.
The S&P/ASX200 index was down 60.2 points, or 1.56%, at 3,809.2 - the lowest close since 2 November, 2004.
The All Ordinaries index shed 63.3 points, or 1.65%, to 3,768.3 - its lowest close since 27 October, 2004.
On the Sydney Futures Exchange, the December share price index futures contract was 111 points lower at 3,766 on a volume of 35,977 contracts.
NZ market closed
The New Zealand market was closed on Monday for the Labour Day holiday.
The NZX 50 index lost 28 points on Friday to close at 2778 on light turnover of $48 million.
