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ALL ORDINARIES Index Down, Coles (ASX:COL) Falls

Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.91% at lunch.

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently down 0.91% at lunch.

The Coles Group Limited (ASX: COL) share price is down by 2.5% after it emerged that Amazon plans to step up its pressure.

Shares of pharmacy business Sigma Healthcare Ltd (ASX: SIG) are currently in a trading halt because it has received a large takeover offer from pharmacy peer Australian Pharmaceutical Industries Ltd (ASX: API). The API share price is currently up 1.7% after outlining what some of the benefits of the deal would be.

The share price of Arena REIT No 1 (ASX: ARF) is currently flat despite announcing what its upcoming distribution payment to unitholders will be. The childcare industry is starting to see a recovery of occupancy levels.

Shares of property business DEXUS Property Group (ASX: DXS) are up by 2% because the landlord announced that its portfolio has seen a $405 million increase in value.

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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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(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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