The local share market closed broadly flat on Tuesday, with both the S&P/ASX200 (ASX:XJO) and All Ordinaries falling 5 and 9 points respectively. The primary culprit was a weakening utilities sector which fell 1.2 per cent behind a 2.9 per cent selloff in Origin Energy (ASX:ORG). The weakness came despite news that the NSW Government was in talks to extend the life of the Eraring coal-fired power station which is currently expected to close in 2025 and add further uncertainty to the energy market. Shares in Qantas (ASX:QAN) all but ceases their recent selloff after CEO Alan Joyce brought forward his planned retirement in light of a number of public relations and regulatory disasters. Across the market the property sector was also under pressure, falling 0.5 per cent after the RBA kept rates on hold but hinted that more rises may lie ahead.