A recent update by the Australian Bureau of Statistics (ABS) has demonstrated a fall of 0.2 per cent in seasonally adjusted estimate for total dwellings approved in December 2019.
The update also notified the following:
- Total dwellings approved improved by 2.1 per cent in trend terms.
- Total dwellings approved soared by 10.9 per cent in November 2019.
- Value of residential building observed a rise of 1.1 per cent in December.
- Value of non-residential building fell by 2.7 per cent in December.
There is no investor left unperturbed with the ongoing trade conflicts between US-China and the devastating bushfire in Australia.
Are you wondering if the year 2020 might not have taken the right start? Dividend stocks could be the answer to that question.
As interest rates in Australia are already at record low levels, find out which dividend stocks are viewed as the most attractive investment opportunity in the current scenario in our report.