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FASEA chair reappointed
smsfadviser.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from smsfadviser.com Daily Mail and Mail on Sunday newspapers.
FASEA chair reappointed ahead of wind-up
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What SMSFs are buying ahead of 2021
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LICs stand out for yield hunters
Listed investment companies could be on the brink of a revival as the prospect of miniscule bank deposit interest rates for the next three years puts the spotlight on fully franked dividend yields.
Feb 3, 2021 – 12.00am
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The Reserve Bank of Australia’s declaration that official interest rates will remain at the ultra-low 0.1 per cent for another three years must inevitably force retirees and others with money in the bank to go out on the risk curve.
This means it is highly likely a big chunk of the $1.1 trillion in household bank deposits in Australia will shift to higher-yielding forms of investments, including equities.