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ALL ORDINARIES Index Down, Telstra (TLS) Shares Up

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently down 0.45% at lunch.

However, one large business that’s in the green is Telstra Corporation Ltd (ASX: TLS), it’s up 0.7% after the telco announced leadership and organisational changes.

ELMO Software Ltd (ASX: ELO) shares are up by 5.6% after revealing to investors an 86% jump in its quarterly cash receipts and a 55% increase in its annual cash receipts.

Resource business Syrah Resources Ltd (ASX: SYR) has fallen 7.2% so far after giving its quarterly production update to the the market.

Another resource business to be down heavily today is Sandfire Resources NL (ASX: SFR) is has fallen 7% at lunch.

At the other end of the performance table is AMP Limited (ASX: AMP), the diversified financial business is up 4.5% so far. It is shrugging off negativity after announcing changes to its business and also announcing a compensation package for customers who received poor advice over the last decade.

$50,000 per year in passive income from shares? Yes, please!

With interest rates UP, now could be one of the best times to start earning passive income from a portfolio. Imagine earning 4%, 5% — or more — in dividend passive income from the best shares, LICs, or ETFs… it’s like magic.

So how do the best investors do it?

Chief Investment Officer Owen Rask has just released his brand new passive income report. Owen has outlined 10 of his favourite ETFs and shares to watch, his rules for passive income investing, why he would buy ETFs before LICs and more.

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