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

Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.63% at lunch.

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently up 0.63% at lunch.

The Australia and New Zealand Banking Group (ASX: ANZ) share price is up 2.8% after the major ASX bank reported its FY19 half year result which showed cash profit growth.

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The Westpac Banking Corp (ASX: WBC) share priec is up 1.7% despite just revealing a significant customer remediation charge for its upcoming result.

A2 Milk Company Ltd (ASX: A2M) shares are down 3% after providing a trading update for the nine months to 31 March 2019.

Shares of Scentre Group (ASX: SCG) are up 0.25% after reporting that its tenants achieved a small level of sales growth.

The share price of Automotive Holdings Group Ltd (ASX: AHG) is down 0.8% and AP Eagers Ltd (ASX: APE) shares are up 1.5%, AP Eagers said that over 50% of AHG shares support a merger of the two car dealership businesses, but that includes the 28.85% that AP Eagers already owns.

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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.

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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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