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ALL ORDINARIES Index Up, CSL Shares Rise

Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.34% at lunch.

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently up 0.34% at lunch.

One of the largest helpers for the index so far has been healthcare giant CSL Limited (ASX: CSL), it is up 1.33% at lunch.

The ResMed Inc. (ASX: RMD) share price is down 1.28% after reporting to the market its fourth quarter and FY18 result.

Technology businesses are making a large recovery. Appen Ltd (ASX: APX) is up by 10.77%, Xero Limited (ASX: XRO) has risen by 6.09% and WiseTech Global Ltd (ASX: WTC) has gained 5.85%.

Gold miner Resolute Mining Limited (ASX: RSG) has fallen 2.5% and is the biggest drop among the ASX 200 shares.

The NIB Holdings Limited (ASX: NHF) share price is up 0.6% after it announced it was acquiring QBE Insurance Group Ltd’s (ASX: QBE) travel insurance business for $25 million. QBE’s share price is up 0.1% in response.

Lithium miner Pilbara Minerals Ltd (ASX: PLS) has gone up 5.6% after announcing its definitive feasibility study.

$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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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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