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ALL ORDINARIES Index (XAO) Up, Santos (ASX:STO) Share Price Jumps

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently up 0.77% at lunch.

The Santos Ltd (ASX: STO) share price is up 6.7% this morning after announcing that it is acquiring the northern Australian assets of ConocoPhillips.

Shares of Fisher & Paykel Healthcare Corp Ltd (ASX: FPH) have gone up 6.8% as the healthcare business announced it was upgrading its FY20 guidance.

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The share price of SKY Network Television Limited (ASX: SKT) has gone nuts, it’s up after securing a new broadcast for Rugby Union.

Praemium Ltd (ASX: PPS) shares are up 19% after the fintech business released its September 2019 quarterly update to the ASX.

The share prices of National Australia Bank Ltd (ASX: NAB), Commonwealth Bank of Australia (ASX: CBA), Westpac Banking Corp (ASX: WBC) and Australia and New Zealand Banking Group (ASX: ANZ) are all up around 1% after the ACCC announced an inquiry into the big ASX banks for their role in not cutting interest rates by the full 0.25%.

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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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