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

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently down 0.94% at lunch.

The share prices of Australia’s largest iron ore miners are seeing declines with Chinese steelmakers voicing concerns about the iron ore price. The BHP Group Ltd (ASX: BHP) share price is down 1.5%, the Rio Tinto Limited (ASX: RIO) share price is down 1.8% and the Fortescue Metals Group Limited (ASX: FMG) share price is down only 0.3%.

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The Volpara Health Technologies Ltd (ASX: VHT) share price is up 1.5% after announcing a new agreement which could increase its ARPU.

The share price of Somnomed Limited (ASX: SOM) is up 0.65% after the healthcare company revealed it had passed 500,000 patients.

At the red end of the ASX 200 the share price of childcare business G8 Education Ltd (ASX: GEM) is down 8.8%.

But at the green end of the ASX the Speedcast International Ltd (ASX: SDA) share price is up around 7%.

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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.

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.

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