In their last meeting for the year, the Reserve Bank of Australia (RBA) decided to keep the official cash rate steady at 0.75 per cent. The Bank is waiting to see if the economy closes out 2019 on a high note. The Central Bank believes that the global economy remains reasonable in the near future, as risks, though existent, have lessened recently.
The decision was not unexpected by market experts, considering the unexpectedly strong housing market rebound in the recent months.
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.