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ALL ORDINARIES Index Up, BHP (ASX:BHP) Shares Rise

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently up 0.33% at lunch.

The resource sector of the ASX is receiving a boost today. The BHP Billiton Limited (ASX: BHP) share price is up 1.76%, leading the index higher. The South32 Ltd (ASX: S32) share price is up 1.9%, making it the strongest performer in the ASX20.

Shares of online retailer Kogan.com Ltd (ASX: KGN) are down 1% with speculation that the post-Christmas retail environment could be pretty tough for the whole industry.

The Integrated Research Limited (ASX: IRI) share price is down 2% due to announcing its CFO will become the Interim CEO.

Healthscope Ltd (ASX: HSO) shares are up 5.3% with the private hospital operator announcing the latest progress update with the Brookfield takeover bid.

Shares of Insurance Australia Group Ltd (ASX: IAG) are down 3%, the insurer said the claim volumes and severity of related hail damage already indicate the pre-tax cost will be in line with IAG’s maximum first event retention of $169 million post-quota share.

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$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.

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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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