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ALL ORDINARIES Index Up, ANZ (ASX:ANZ) Share Price Rises

Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.69% at lunch.

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently up 0.69% at lunch.

The Australia and New Zealand Banking Group (ASX: ANZ) share price is one of the best performers in the ASX200, it is up by 2.3% at lunch.

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Shares of GBST Holdings Limited (ASX: GBT) are up 22% after the fintech business received a takeover offer from competitor Bravura Solutions Ltd (ASX: BVS), which is up by 1%.

The Commonwealth Bank of Australia (ASX: CBA) share price is up 1.6% as investors learned of a potential secret plan by the CEO to cut more than 10,000 from the workforce.

Origin Energy Ltd (ASX: ORG) shares are up 0.7% after its share price was called cheap.

The Eclipx Group Ltd (ASX: ECX) share price is up 4.6%, making it the biggest riser in the ASX200.

UK bank CYBG Plc (ASX: CYB) has seen its share price rise around 4% with Brexit being delayed by several months.

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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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Picture of Jaz Harrison

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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