The Australian share market has closed lower amid worries over Greece defaulting on its massive debt.

At the close on Friday, the benchmark S&P/ASX200 index was 14.3 points, or 0.25 per cent, lower at 5,800.6, while the broader All Ordinaries index was down 12.7 points, or 0.22 per cent, at 5,757.4, according to preliminary figures.

On the ASX 24, the March share price index futures contract was nine points lower at 5,751, with 24,013 contracts traded.