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ALL ORDINARIES Index Up, BHP Shares Rise

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently up 0.64% at lunch.

The biggest contributor to the index performing well today is BHP Billiton Limited (ASX: BHP) the giant resources company’s share price is currently up 2.13%.

The Seek Limited (ASX: SEK) share price is down 8.5% after announcing it will make a net $142 million impairment against some of its international job portal investments. However, excluding the write-downs it said that FY18 would be at the high end of guidance and FY19 revenue growth could be up to 20%.

Amcor Limited (ASX: AMC) shares are currently in a trading halt, it is believed that it is acquiring Bemis in the US for $7 billion.

The share with the highest gain today is NIB Holdings Limited (ASX: NHF), it’s up 4.11% today after announcing that it would be buying the insurance travel business from QBE Insurance Group Ltd (ASX: QBE) for $25 million.

$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.

You can INSTANTLY access Owen’s report — or get it emailed to you — for FREE by CLICKING HERE NOW or the button below.

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