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ALL ORDINARIES Index (XAO) Up, Galaxy (ASX:GXY) Share Price Rises

Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.11% at lunch. 

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently up 0.11% at lunch.

The Galaxy Resources Limited (ASX: GXY) share price is up 6.3% as the lithium miner revealed its June 2019 quarter update to investors.

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The share price of Rio Tinto Limited (ASX: RIO) is up 0.6% as the iron ore miner updated the market about its June 2019 numbers.

Hub24 Ltd (ASX: HUB) shares are up more than 4% after the fintech company revealed a record June 2019 quarter and a record FY19 in terms of net inflows.

Fund manager business Perpetual Limited (ASX: PPT) has seen its share price drop another 5.5% after the release of yesterday’s fourth quarter funds under management (FUM) statement.

The St Barbara Ltd (ASX: SBM) share price is up 0.3% after the gold miner announced that Atlantic Gold Corporation shareholders and optionholders have approved the acquisition by St Barbara. A final court order is expected tomorrow and completion by the end of the week.

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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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