Business
Forget term deposits and buy these ASX dividend shares for income – Motley Fool Australia
With Westpac Banking Corp (ASX:WBC) tipping another rate cut, I would sooner buy these ASX dividend shares ahead of term deposits…
According to the latest cash rate futures, the market is now pricing in a 67% probability of a rate cut to zero by the Reserve Bank next week.
While I’m not 100% certain on a cut to zero, I suspect a cut to 0.1%, like Westpac Banking Corp(ASX: WBC) is predicting, could happen.
In light of this, if you haven’t done so already, I think now would be the time to consider switching funds out of term deposits and into ASX dividend shares.
But which dividend shares should you buy?
Commonwealth Bank…
-
Noosa News23 hours agoMan, woman injured after shots fired into home in drive-by shooting at Park Ridge, Logan
-
Noosa News19 hours agoFinley Bone, 21, identified as young woman killed in freak lightning strike at Cooroy, Sunshine Coast
-
Noosa News16 hours agoLarge hailstones hammer parts of south-east Queensland as severe storms loom
-
Noosa News18 hours agoQueensland teachers reject state government pay offer