Tips: Australian Stocks May Jump 20% in 2010

The Australian economy has proved one of the more resilient western economies in the face of the global slowdown with the central bank hiking interest rates to keep inflation in check.

One market expert told CNBC that 2010 could be a good year to invest in stocks down under to take advantage of the country's economic growth.

A Good Year for Australian Stocks?

"The Australian economy is going to do well. If there are any issues they are going to be more globally driven than domestically driven. So I don't see why share markets can put on 10, 15 or 20 percent," Kumar Palghat, founder & director at Kapstream, told CNBC.

Upbeat on Aussie Resources

The "resource party" will continue with a vengeance in Australia, says Chris Kimber, senior advisor at Bell Potter, speaking to Justin O'Brien, vice president at Morgan Stanley Smith Barney, CNBC's Sri Jegarajah and Oriel Morrison.

Safe to Invest in Commodities?

There may be too much optimism priced in to commodity prices, warns Andrew Pease, investment strategist at Russell Investment Group. He makes his case to CNBC's Oriel Morrison.

High Demand for Copper

Copper has been an outperformer during the economic slowdown and will be in high demand, says Kevin Kerr, president at Kerr Trading International, speaking to Chris Kimber, senior advisor at Bell Potter, CNBC's Sri Jegarajah and Oriel Morrison.

Investors Are Less Pessimistic

Investors are less pessimistic about the U.S. jobs market, notes Michael Yoshikami, founder, president, and chief investment strategist at YCMNet Advisors. He tells CNBC's Lisa Oake & Sri Jegarajah why investors should continue to be fairly defensive.