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AAP
AAP
Business
Adrian Black

Aussie shares dip as banks and retail stocks drag

The Aussie share market has started the week in the red amid mixed news for energy and retail. (Paul Braven/AAP PHOTOS)

Australia's share market has started the week on the back foot as investor concerns about the economic outlook weigh on banks and consumer discretionary stocks.

The S&P/ASX200 fell 42 points on Monday, down 0.46 per cent to 9,073.2, as the broader All Ordinaries lost 34.2 points, or 0.37 per cent, to 9,279.

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