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Page 2 - ஆஸ்திரேலிய அடித்தளம் முதலீடு நிறுவனம் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

AFIC sees better management ahead for Rio Tinto

LICs stand out for yield hunters

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 Share 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.

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