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ALL ORDINARIES Index (XAO) Down, Medibank (ASX:MPL) Share Price Falls

Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down  0.04% at lunch.

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently down  0.04% at lunch.

The Medibank (ASX: MPL) share price is down almost 8% after the private health insurer disclosed that its claims expense is rising faster than previously expected.

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Fund manager Pendal (ASX: PDL) has seen its share price rise around 9% after reporting its FY19 result which included a profit fall and a dividend cut.

The share price of Pushpay (ASX: PPH) has jumped 6.5% after the donation business reported a sharp increase in profit in its FY20 interim result.

The Bubs (ASX: BUB) share price is up 2% after the dairy business announced a new deal with Alibaba.

Brickworks (ASX: BKW) has made another acquisition of a brick maker in the US, it’s now the market leader in the north east of the US.

The share price of Boral (ASX: BLD) is down almost 3% after providing a trading update and updating its FY20 expectations.

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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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