September shocker as Australian shares lose $90 billion

By Max Mason and Sally Rose
Updated October 1 2014 - 1:13am, first published 1:00am
The ASX and the Australian dollar have both fallen heavily during September.
The ASX and the Australian dollar have both fallen heavily during September.

The Australian stockmarket is trading below the level at which it started 2014, after a shocker month wiped out all the gains of the first eight months of the year and took $90 billion off the value off the Australian shares.