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

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently down 0.18% at lunch.

The Commonwealth Bank of Australia (ASX: CBA) share price is down almost 0.4% as APRA announced what it expects the capital holding changes will be over the next few years.

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The share price of supermarket business Coles Group Limited (ASX: COL) is up over 1% after agreeing a deal with Microsoft to use its capabilities to make new enterprise software.

The Afterpay Touch Group Ltd (ASX: APT) share price is currently down around 4% with the buy now, pay later business continuing to be volatile.

Remote data company Speedcast International Ltd (ASX: SDA) has seen its share price increase by a further 5.5% with it continuing to recover.

The share price of Clinuvel Pharmaceuticals Limited (ASX: CUV) has fallen over 3% at lunch.

The business at the bottom of the performance table is Reliance Worldwide Corporation Ltd (ASX: RWC) which is down 4.3%

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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.

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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