Australia shares down as Greece fears, pre-earnings caution weigh

Lacklustre domestic business confidence data added to the cautious tone ahead of the domestic earnings season which is expected to show the impact of a collapse in commodities prices in the past six months. The likelihood of a "Grexit" from the euro zone has increased after a new Greek government ruled out extending the country's bailout deal and said some reforms imposed by lenders will be reversed. The European Commission warned Greece it should not expect unconditional cooperation. Commonweal