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ALL ORDINARIES Index (XAO) Up, NAB (ASX:NAB) Share Price Up 2%

Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.70% at lunch.

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently up 0.70% at lunch.

The National Australia Bank Ltd (ASX: NAB) share price is up 2% after the major ASX bank announced who its new CEO will be.

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The share price of Sydney Airport Holdings Pty Ltd (ASX: SYD) is up 1.3% despite the airport operator revealing that total passengers fell during June 2019.

Listed investment company (LIC) Milton Corporation Limited (ASX: MLT) reported its FY19 result to the market this morning and also declared a special dividend, its share price is flat.

The QBE Insurance Group Ltd (ASX: QBE) share price is up 1.5% after the Ogden discount rate decision has been announced.

The gold mining industry take up the top five performance spots in the ASX 200. The Northern Star Resources Ltd (ASX: NST) share price is up 5.5%, the Evolution Mining Ltd (ASX: EVN) share price is up 4.8% and the Resolute Mining Limited (ASX: RSG) share price is up 5.9%.

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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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