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The Australian share market has finished flat, fading in the afternoon after being up as much as 1.2 per cent after government data showed retail sales rebounded in May.

The benchmark S&P/ASX200 index finished Friday up 6.1 points, or 0.1 per cent, to 5,942.6 points, while the All Ordinaries index gained 15 points, or 0.25 per cent, at 6,066.9.

The Australian dollar was buying 68.59 US cents, down from 68.72 US cents at the close of trade on Thursday.