Australian shares pare losses as mining stocks bounce

A minimum wage rise affected consumer stocks, while real estate trusts slumped over building data. (Dean Lewins/AAP PHOTOS)

Australia's share market has trimmed early losses but ended the session slightly lower, with Persian Gulf tensions and underwhelming economic data weighing on confidence.

The S&P/ASX200 fell five points on Tuesday, down 0.06 per cent, to 8,724.4, while the broader All Ordinaries slipped 3.8 points, or 0.04 per cent, to 8,966.