The Australian share market fell to a six-week low on Tuesday as renewed rate hike concerns rattled investors. An RBA official's comments about potential rate rises spooked markets, with all four major banks now forecasting another hike this year. Broad-based selling hit financials, tech, and consumer stocks, while energy benefited from rising oil prices. Confidence surveys showed households and businesses increasingly worried about rates and inflation.

Steve Daghlian and Laura Besarati are Market Analysts at CommSec. Each episode, they break down the day's market movements and explain what the numbers really mean.

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