EML Payments EML.AX, down 2.6%, followed by Megaport MP1.AX, losing 1.8% led losses on the index. Oct 1 (Reuters) - Australian shares fell nearly 2% on Friday, weighed down by heavyweight miners and financials, as risk appetite took a hit on continued fears over inflation and budget wrangling in the United States. Global stock markets continued to fall, as inflation fears persisted and expectations grew that the U.S. Federal Reserve would tighten policy in the coming months.