Author: roymorgansocial

Break their funding: McKenzie calls for penalties on universities that teach white guilt

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Original article by David Crowe
The Age – Page: Online : 24-Jun-26

National Party senator Bridget McKenzie has used a speech in London to argue that social factors – including respect for ‘Australian values’ – should be a key criteria in determining the migrant intake. McKenzie said that Australia has become "addicted" to immigration, and she argued that this carries a social cost if it does not deliver a fair outcome for families. She contended that Australia needs to curb the number of fee-paying international students, given their growing share of the nation’s population. McKenzie also called for an overhaul of the funding model for universities, particularly ones that teach students doctrines such as ‘white guilt’ and ‘climate catastrophe’. McKenzie is a former maths teacher and university lecturer.

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NATIONAL PARTY OF AUSTRALIA

Australians hold some of the least favourable views of US, Trump

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Original article by Michael Koziol
The Sydney Morning Herald – Page: Online : 24-Jun-26

A global survey undertaken by the Pew Research Centre has found that 76 per cent of Australians now have an unfavourable opinion of the US. Other countries that have an unfavourable view of the US include France (70 of respondents), Canada (66 per cent) and the UK (58 per cent). Meanwhile, just 37 per cent of Australians now rate the US as a reliable partner, compared with 79 per cent in 2022, while 82 per cent of Australians said they have no confidence in President Donald Trump to do the right thing in world affairs. The researchers note that most of the interviews in 36 countries were conducted after the Iran war began on 28 February.

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PEW RESEARCH CENTER FOR THE PEOPLE AND THE PRESS, UNITED STATES. EXECUTIVE OFFICE OF THE PRESIDENT

New One Nation MP David Farley sides with teals and Greens

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Original article by Brittany Busch, Nick Newling
The Sydney Morning Herald – Page: Online : 24-Jun-26

The House of Representatives has voted against an amendment to the fuel tax credit scheme that was proposed by independent MP Nicolette Boele. She sought to cap the annual rebate for mining companies at $50m and an "orderly phase-out" of fuels that are eligible under the scheme. The amendment was supported by the Greens, Teal MPs and One Nation’s recently-elected MP for Farrer, David Farley; however, both Labor and the Coalition voted against it. Meanwhile, Farley has responded to comments made by One Nation leader Pauline Hanson on the need for Australia to be a "monoculture". He contended that the nation is multicultured, multiracial and multifaith; however, he agreed that migrants must "blend in" by "acting Australian".

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ONE NATION PARTY, AUSTRALIAN GREENS, AUSTRALIAN LABOR PARTY, LIBERAL PARTY OF AUSTRALIA, NATIONAL PARTY OF AUSTRALIA

ANZ-Roy Morgan Consumer Confidence up 2.1pts to 72.8 driven by more people saying good time to buy major household items

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Original article by Roy Morgan
Market Research Update – Page: Online : 24-Jun-26

ANZ-Roy Morgan Consumer Confidence rose 2.1pts to 72.8 in in the week to 21 June, its highest rating since early March. Consumer Confidence is still 13.9pts lower than a year ago (86.7), but 1.6pts above the 2026 weekly average of 71.2. Analysis by State shows that Consumer Confidence increased in New South Wales, Queensland, and Western Australia, was unchanged in South Australia, and down in Victoria. Now just 16% of Australians (down 1ppt) say their families are ‘better off’ financially than this time last year, while 53% (down 1ppt) say their families are ‘worse off’. Looking forward, 22% (up 1ppt) of respondents expect their family to be ‘better off’ financially this time next year, while 43% (unchanged) expect to be ‘worse off’. Only 6% (unchanged) of respondents expect ‘good times’ for the Australian economy over the next 12 months, while 42% (down 4ppts) expect ‘bad times’. Meanwhile, 22% (up 3ppts) of Australians say now is a ‘good time to buy’ major household items, while 42% (down 2ppts) say now is a ‘bad time to buy’.

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ROY MORGAN LIMITED, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ

Union strike at BHP port averted

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Original article by Brad Thompson
The Australian – Page: 13 & 19 : 24-Jun-26

BHP held talks with the leaders of four unions at its Melbourne headquarters yesterday, where it put forward a draft enterprise agreement. The unions represent about 240 of the 450 workers at BHP’s iron ore export hub at Port Hedland, who are currently employed via individual contracts. The unions have released a joint statement advising that while some progress was made during the talks, BHP has not yet addressed the core concerns of their members. The Electrical Trades Union and the Australian Manufacturing Workers’ Union recently voted to take industrial action if BHP does not negotiate a deal, while the Australian Workers’ Union and the Mining & Energy Union intend to hold a ballot.

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BHP GROUP LIMITED – ASX BHP, ELECTRICAL TRADES UNION, AUSTRALIAN MANUFACTURING WORKERS’ UNION, AUSTRALIAN WORKERS’ UNION, MINING AND ENERGY UNION

ANZ-Roy Morgan Inflation Expectations were at 5.8% in late June – down 0.5% points from the month of May

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Original article by Roy Morgan
Market Research Update – Page: Online : 24-Jun-26

The weekly ANZ-Roy Morgan Inflation Expectations declined sharply in the month of May 2026, and have continued this downward trend so far during June; Inflation Expectations are at 5.8% for the week of 15-21 June, down 0.5% points from the month of May. The latest weekly reading is now below the average for Inflation Expectations over the first 24 weeks of 2026 of 6.1%. A look at monthly Inflation Expectations for May shows the measure at 6.3% for the month – down 0.7% points from the prior month of April, returning to its level in March (also 6.3%). Inflation Expectations spiked to a record weekly high of 7.3% (23-29 March) and record monthly high of 7% for April, following the US and Israel attack on Iran, but have dropped significantly over the last two months as a ceasefire was called. The data for the Inflation Expectations series is drawn from the Roy Morgan Single Source, which has interviewed an average of around 5,300 Australians aged 14+ per month over the last decade, and includes interviews with 4,104 Australians aged 14+ in May 2026.

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ROY MORGAN LIMITED, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ

Labor-Greens deal clips the wings of SMSFs

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Original article by Anthony Keane, Noah Yim, Cliona O’Dowd
The Australian – Page: 4 : 24-Jun-26

Treasurer Jim Chalmers estimates that changes to the rules governing the purchase of residential properties via self-managed superannuation funds will boost government revenue by about $50m over four years. Labor has agreed to scrap the limited recourse borrowing arrangements for SMSFs in return for the Greens’ support for its budget tax reform legislation in the Senate; Chalmers contends that this will only affect "a very small part" of the housing market. However, economists and financial advisers contend that the changes will make SMSFs less attractive and result in fewer new ones being established, while boosting demand for industry super funds.

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AUSTRALIA. DEPT OF THE TREASURY, AUSTRALIAN GREENS

Labor predicts budget backlash will fade

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Original article by Phillip Coorey
The Australian Financial Review – Page: 4 : 24-Jun-26

The federal government has secured the Greens’ support for its capital gains tax and negative gearing reforms in the Senate, in return for several concessions. Self-managed superannuation funds will be banned from borrowing to buy residential properties, while the government has agreed to extend a Senate inquiry into its National Disability Insurance Scheme reform bill for eight weeks; delaying the passage of the NDIS legislation until mid-August is expected to cost the budget hundreds of millions of dollars, given that the reforms were intended to start on 1 July. Finance Minister Katy Gallagher believes that the general public’s concerns about the tax reforms will quickly abate.

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AUSTRALIAN GREENS, AUSTRALIA. DEPT OF FINANCE

NRL’s V’landys nears record NZ broadcast deal

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Original article by Sam Buckingham-Jones, Zoe Samios
The Australian Financial Review – Page: 13 : 24-Jun-26

Sky Network Television has held the New Zealand broadcasting rights to National Rugby League matches for the last three decades. The Australian Rugby League Commission’s chairman Peter V’landys and NRL CEO Andrew Abdo recently held talks with Sky executives, and sources have indicated that the pay-TV group is close to securing a new five-year deal. However, free-to-air rival TVNZ is also believed to have submitted a bid for the NRL rights. Meanwhile, V’landys met with Nine Entertainment chairman Peter Tonagh yesterday, as the ARLC seeks to finalise the new NRL rights deal in Australia; Nine and Foxtel are the current NRL broadcasters.

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SKY NETWORK TELEVISION LIMITED – ASX SKT, NATIONAL RUGBY LEAGUE, AUSTRALIAN RUGBY LEAGUE COMMISSION LIMITED, TELEVISION NEW ZEALAND LIMITED, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, FOXTEL MANAGEMENT PTY LTD

Risk of mortgage stress up 0.8% points in May after the Reserve Bank raised interest rates in early May to 4.35%

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Original article by Roy Morgan
Market Research Update – Page: Online : 24-Jun-26

New research from Roy Morgan shows that 29% of mortgage holders were ‘At Risk’ of ‘mortgage stress’ in the three months to May 2026, up 0.8% points from April. This is equivalent to 1,538,000 people (up 65,000 on a month earlier). The number of Australians ‘At Risk’ of mortgage stress is up by 100,000 on a year ago, after the Reserve Bank cut interest rates in May and August 2025, and then raised them in February, March and May 2026. Meanwhile, the number of Australians who are considered to be ‘Extremely At Risk’ of mortgage stress is now numbered at 1,084,000 (20.4% of mortgage holders); this is significantly above the long-term average over the last two decades of 16.4%.

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ROY MORGAN LIMITED, RESERVE BANK OF AUSTRALIA