On Tuesday the Reserve Bank will meet to discuss the cash rate once again. According to the latest cash rate futures, the market is pricing in a 69% probability of a rate cut to zero.
Whether this transpires or not, time will tell. But one thing that is for sure, is that it will be a long time before interest rates return to normal levels again.
In light of this, the share market looks like it will remain the best place to earn a passive income for a while yet.
Fortunately, there are plenty of dividend shares out there with generous yields. One to consider buying is as follows:
Accent is the leading leisure footwear retailer behind retail brands such as HYPEDC, The Athlete’s Foot, and Platypus brands.