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ALL ORDINARIES Index Drops, CBA (ASX:CBA) Shares Fall

Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.09% at lunch.

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently down 0.09% at lunch.

The Commonwealth Bank of Australia (ASX: CBA) share price is down 0.4% with the country’s largest bank admitting that its suspended its demerger plans due to all of the issues raised in the Royal Commission.

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The Zip Co Ltd (ASX: Z1P) share price is currently down 1.2% with the buy now, pay later company returning to trade after carrying out its institutional capital raising.

Shares of Kogan.com Ltd (ASX: KGN) have risen 6.7% with the online retailer launching Kogan Marketplace, which offers a huge range of products.

Myob Group Ltd (ASX: MYO) shares are down slightly despite the accounting software business announcing that the Directors have recommended the takeover deal.

Shares of Stockland Corporation Ltd (ASX: SGP) are up 0.15% with the property owner and developer announcing that it is selling two of its assets for $143 million, with more sales to come.

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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.

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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