Australia's share market has posted its worst day since early June after three of the big four banks warned interest rate hikes could come sooner than expected.
The S&P/ASX200 fell 89.6 points on Thursday, down 0.98 per cent, to 9,038.2, as the broader All Ordinaries tumbled by 95.6 points, or 1.02 per cent, to 9,243.2.