The local share market has fallen to a one-week low after a hawkish speech by the new Reserve Bank governor, as well as signs overseas interest rates might have to stay higher for longer.
The benchmark S&P/ASX200 index on Thursday finished down 44.2 points, or 0.62 per cent, to 7,029.2, while the All Ordinaries dropped 43.6 points, or 0.6 per cent, to 7,234.2.
