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ALL ORDINARIES Index Up, Crown (ASX:CWN) Shares Rocket

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently up 0.05% at lunch.

The Crown Resorts Ltd (ASX: CWN) share price has rocketed 20% in morning trade after the casino company confirmed it is in takeover discussion talks with Wynn Resorts. The Star Entertainment Group Ltd (ASX: SGR) share price is also up by 5.4%.

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The share price of Netwealth Group Ltd (ASX: NWL) is up another 1.5% this morning after confirming that it is the choice of ANZ Private to be its fintech supplier. However, the Praemium Ltd (ASX: PPS) share price is down another 5.3% because of the loss of ANZ Private as its client.

The rising oil price has boosted the Beach Energy Ltd (ASX: BPT) share price which is up nearly 4% at lunch.

The ASX technology businesses are getting a boost today. The Altium Limited (ASX: ALU) share price is up 2.6% and the Appen Ltd (ASX: APX) share price is up nearly 3%.

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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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