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AAP
AAP
Business
Derek Rose

RARE PHOTOS: Banking goldminers dragging aussie shares lower | Rare Historical Photos

United States Westpac Gold Bendigo Peter Dutton
The local share market has dipped, retreating from record levels amid losses by the banks. (Bianca De Marchi/AAP PHOTOS)

The local share market has dipped, retreating from record levels amid losses by the banks amid disappointing earnings from Westpac and Bendigo and Adelaide.

Goldminers also struggled amid a pullback in the price of the yellow metal, while insurance companies fell after opposition leader Peter Dutton accused them of price gouging and threatened to break them up if the Coalition wins power.

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