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ALL ORDINARIES Index Down, NAB Shares Drop

Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.05% at lunch.

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently down 0.05% at lunch.

Australia’s big banks are leading the index down. National Australia Bank Ltd (ASX: NAB) is down 1.27%, Commonwealth Bank of Australia (ASX: CBA) has fallen 1.15% and Westpac Banking Corp (ASX: WBC) has fallen 1.09%.

However, resource shares are in the green with South32 Ltd (ASX: S32) up 0.84% and BHP Billiton Limited (ASX: BHP) up 0.5%.

Reporting season is well underway. REIT BWP Trust (ASX: BWP) is down 1.66% after giving investors its FY18 result.

The Xero Limited (ASX: XRO) share price is up 2.3% after announcing to the market an acquisition called Hubdoc.

Among the top performers in the ASX 200 index is ALS Ltd (ASX: ALQ), it is up by over 9% after giving guidance for the first half of FY19.

The business that is currently most in the red is Janus Henderson Group (ASX: JHG) which is down 8% after giving investors its result this morning.

$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.

You can INSTANTLY access Owen’s report for FREE by CLICKING HERE NOW and creating a 100% FREE Rask Account. (Psst. By creating a free Rask account, you’ll also get access to 15+ online courses, 1,000+ podcasts, invites to events, a weekly value investing newsletter and more!)

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Information warning: The information on this website is published by The Rask Group Pty Ltd (ABN: 36 622 810 995) is limited to factual information or (at most) general financial advice only. That means, the information and advice does not take into account your objectives, financial situation or needs. It is not specific to you, your needs, goals or objectives. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you don’t know what your needs are, you should consult a trusted and licensed financial adviser who can provide you with personal financial product advice. In addition, you should obtain and read the product disclosure statement (PDS) before making a decision to acquire a financial product. Please read our Terms and Conditions and Financial Services Guide before using this website. The Rask Group Pty Ltd is a Corporate Authorised Representative (#1280930) of AFSL #563 907.

Picture of Jaz Harrison

Jaz Harrison

Jaz is a Staff Writer for Rask. She is a keen investor who loves to thoroughly poke holes in an investment idea before it has a chance of making it into her portfolio. Jaz invests for the long-term and doesn't sweat the small stuff. She strongly believes that empowering people with knowledge is the best way for them to take charge of their finances, which is exactly the approach she takes with her own money and investments.
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