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ALL ORDINARIES Index Up, Rio (ASX:RIO) Shares Up

Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.24% at lunch.

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently up 0.24% at lunch.

One of the main contributors to the index currently showing an increase is the Rio Tinto Limited (ASX: RIO) share price which is up 1.5%.

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Shares of Bubs Australia Ltd (ASX: BUB) have gone into a trading halt. The goat infant formula company is going to announce a capital raising and acquisition to the market in the near future.

The SKYCITY Entertainment Group Limited (ASX: SKC) share price is up just over 0.5% with the casino company confirming the sale of its Darwin Australia business for $188 million. The Little Mindil property (with a book value of $11 million) which is located next to the Darwin site will be sold separately.

Gold miners are facing red across the board with the share market’s recovery today. The worst performer is the Saracen Mineral Holdings Limited (ASX: SAR) share price which is down 4.2%.

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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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