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Derek Rose

Aust shares slip again following Reserve Bank meeting

Every sector except energy finished lower, with tech and mining dropping more than one per cent. (Steven Saphore/AAP PHOTOS)

The Australian share market has closed lower after the Reserve Bank stood pat on interest rates and delivered a more hawkish statement than expected on future rate cuts.

The benchmark S&P/ASX200 index on Tuesday closed lower for a second straight day, dropping 44.3 points, or 0.58 per cent, to 7,581.6.

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