Australian stocks tanked as the RBA announced it was keeping official interest rates on hold.
The S&P ASX 200 fell a full percentage point, led by the major banks and some of the big miners.
The NAB, which was up 1.5% in early trade, lost 0.6% to be at $39.05.
BHP, which had been up almost 1%, slipped 0.4% to $30.40.
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