Fears spark selloff

Ongoing concern about the health of China's manufacturing sector triggered a heavy selloff on the Australian sharemarket, according to the report.

The benchmark S&P/ASX 200 plunged 92.3 points, or 1.9%, to 4,710.3 in the selloff described in the article.

The All Ordinaries dropped 85.7 points, or 1.8%, to 4,689.7 during the same market selloff.

It was the worst financial‑year start since 2009–10, with the selloff wiping more than $25 billion off market value.

The falls in the S&P/ASX 200 and All Ordinaries reflected a heavy selloff that collectively removed more than $25 billion in market value, as reported.

The article links the selloff directly to ongoing concerns about the health of China's manufacturing sector, which spooked investors and triggered selling on the Australian sharemarket.

Yes — the article attributes the selloff to international developments, specifically concerns about China’s manufacturing, which influenced Australian market performance.

Based on the article, everyday investors should monitor further news about China’s manufacturing health and follow movements in major Australian indexes like the S&P/ASX 200 and All Ordinaries to gauge market direction.