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ALL ORDINARIES Index (XAO) Down, IOOF (ASX:IFL) Shares Rise Again

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently down 0.52% at lunch.

The IOOF Holdings Limited (ASX: IFL) share price is the leader again, its share price is up around 5% after giving a Federal Court update.

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At the opposite end of the ASX, the St Barbara Ltd (ASX: SBM) share price is down 8.6% after the gold miner after updating its production and cost guidance.

The share price of Tassal Group Limited (ASX: TGR) is up almost 1% after receiving approval for the next stage of its prawn farm expansion.

Sydney Airport Holdings Pty Ltd (ASX: SYD) shares are down 0.8% despite the airport operator revealing that both domestic and international passengers grew in September 2019.

The Southern Cross Media Group Ltd (ASX: SXL) share price is up 3% after announcing an acquisition.

The share price of Seven West Media Ltd (ASX: SWM) is up 0.5% after announcing it was acquiring Prime Media Group Limited (ASX: PRT).

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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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