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ALL ORDINARIES Index Rises, Caltex (ASX:CTX) Share Price Sputters

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently up 0.23% at lunch.

The Caltex Australia Limited (ASX: CTX) share price is down 18.5% after the petrol business provided disappointing profit guidance for the first half of FY19. This also caused the Viva Energy Group Ltd (ASX: VEA) share price to drop by 8.7%.

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The share price of Rio Tinto Limited (ASX: RIO) is down just over 4% as it lowered its iron ore guidance for 2019.

Shares of Sydney Airport Holdings Pty Ltd (ASX: SYD) are up 2.3% as it revealed pleasing passenger growth in its May 2019.

Gold miners have all jumped today as the gold price is rising. The Resolute Mining Limited (ASX: RSG) share price is leading the way, it’s up 6.5%.

Bank of Queensland Limited (ASX: BOQ) shares are down 0.4% as we learned that its Chief Financial Officer (CFO) is going to resign after the release of the FY19 result later this year.

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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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