Australian share market tumbles at start of trade after global markets fall

The benchmark S&P/ASX 200 falls 2.4% in first 20 minutes as stocks across the board affected by global worries about China, Greece and oil

The Australian share market has plunged at the start of trade, with losses felt across the board from banks to resources stock as uncertainty grips global markets.

The benchmark S&P/ASX 200 and the All Ordinaries indices fell more than 2.4% in the first 20 minutes of trade on Monday.

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