Australia shares slip as investors baulk at 6,000, iron ore weakness

April 14, 2015 3:51 AM

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SYDNEY/WELLINGTON, April 14 (Reuters) - Australian shares fell 0.2 percent on Tuesday as investors baulked at the prospect of pushing the benchmark over 6,000 points and sold mining stocks such as BHP Billiton and Rio Tinto amid the slump in the price of iron ore.

The world's fourth largest iron ore miner, Fortescue Metals Group, said it would make its employees work more days to offset the sinking of the commodity's price to 10-year lows.

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