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New car sales tumble by 48.5 per cent against the previous corresponding period in April 2020 to stand at 38,926 sales. Should not come as a big surprise as the nation was in lock-down.

  • The decline of 48.5 per cent marks the largest single decrease of any month since 1991.
  • The YTD sales totalled 272,287 sales, down by 20.86 per cent against the previous corresponding period.
  • As per the chief executive of the Federal Chamber of Automotive Industries- Tony Weber, the COVID-19 outbreak has had a considerable impact on the monthly sales, which further reflects a downturn in the broader economy.


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.



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