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ALL ORDINARIES Index Down, BOQ (ASX:BOQ) Share Price Drops

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently down 0.32% at lunch.

The Bank of Queensland Limited (ASX: BOQ) share price is down 4.7% in early trading after the regional bank unveiled a drop in profit and a reduction of the dividend.

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The share price of Seven West Media Ltd (ASX: SWM) is up nearly 4% with the media company announcing yesterday that it had completed the sale of its stake of Yahoo7.

Another business that is rising today is the Unibail-Rodamco-Westfield (ASX: URW) share price which is up 3.2%, the real estate business just sold an office building for €850 million.

The Insurance Australia Group Ltd (ASX: IAG) share price is down 0.8% after revealing it is being sued.

The Sims Metal Management Ltd (ASX: SGM) share price is down another 3.7%, it is showing one of the worst declines in the ASX200.

Shares of Fluence Corporation Ltd (ASX: FLC) are down 0.91%, Rask writer Jack Magann recently wrote about it.

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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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