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ALL ORDINARIES Index Rises, CSL (ASX:CSL) Shares Up

Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.75% at lunch.

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently up 0.75% at lunch.

The CSL Limited (ASX: CSL) share price is the biggest contributor to the index’s rise, the CSL share price is currently up by 2.6% with international shares experiencing a rise overnight.

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Retail conglomerate company Premier Investments Limited (ASX: PMV) has seen its share price fall 1% in response to the half year result, investors may have been disappointed by the slowdown of Smiggle growth.

The Suncorp Group Ltd (ASX: SUN) share price is up 1.7% with the insurance business announcing a special dividend for shareholders.

SEEK Limited (ASX: SEK) shares are up 0.4% with the online employment classifieds business a potential beneficiary from Australia’s unemployment rate improving to 4.9%.

Gold miner shares have taken a tumble in response to St Barbara Ltd’s (ASX: SBM) update which sent its share price down 31%. Other miners like Saracen Mineral Holdings Limited (ASX: SAR) and Northern Star Resources Ltd (ASX: NST) are down more than 3%.

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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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