Author: roymorgansocial

Power to the irresponsible

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Original article by Mark Ritson
The Australian – Page: 25 : 6-Nov-17

The extent to which Russian operatives attempted to influence the 2016 US presidential election and destabilise American society has been revealed by US social media companies. According to evidence presented by Facebook, Google and Twitter executives to Congress in the week ending 3 November, Russian operatives created close to 36,750 Facebook sites during the 2016 campaign, along with 1,000 YouTube videos, 36,000 bots and 2,752 Twitter accounts. Colin Stretch, Facebook’s general counsel, basically conceded it really had no way of knowing the identity of all of its advertisers.

CORPORATES
FACEBOOK INCORPORATED, GOOGLE INCORPORATED, TWITTER INCORPORATED

Offshore leak exposes Trump’s Russia links

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Original article by International Consortium of Investigative Journalists
The Australian Financial Review – Page: 1 : 6-Nov-17

Some 13.4 million records from Bermudan law firm Appleby have been leaked to the international press. The records cover the period from 1950 to 2016. The leaked records contain significant revelations, including that US Secretary of Commerce Wilbur Ross has interests in a shipping company that has received close to $US70 million in revenue since 2014 from a company co-owned by the son-in-law of Russian President Vladimir Putin. The records also reveal detailed information about the Queen’s finances, and show that mining firm Glencore is Appleby’s largest client.

CORPORATES
APPLEBY, UNITED STATES. DEPT OF COMMERCE, GLENCORE PLC, NIKE INCORPORATED, APPLE INCORPORATED, MICROSOFT CORPORATION

Millennials more than double their share of superannuation funds over the decade

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Original article by
Market Research Update – Page: Online : 6-Nov-17

A Roy Morgan Single Source survey has found that Millennials’ share of superannuation fund balances has more than doubled between September 2007 (6.4%) and September 2017 (14.6%). All three younger generations recorded gains in superannuation market share over the past 10 years. Meanwhile, for the six months to September 2017, satisfaction with the financial performance of industry funds was 58.5%, compared to retail funds on 56.9%. Retail funds increased their satisfaction rating by 0.7% over the last year, while the satisfaction rating for industry funds fell by 1.4%.

CORPORATES
ROY MORGAN RESEARCH LIMITED

Ogilvy’s secret to spotting fake news

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Original article by Stephen Brook
The Australian – Page: 26 : 6-Nov-17

Sam Tatam, a behavioural strategy director with Ogilvy Change is to give a keynote speech at the upcoming Public Relations Institute of Australia conference. His address, "Powerful Ideas and Influence", will look at how the public relations industry can best get its messages across in the current climate of fake news. Tatam says people tend to trust information if they feel that large numbers of other people also trust it, while being honest about something that has previously being hidden also helps to engender trust.

CORPORATES
OGILVY CHANGE, DOMINO’S PIZZA ENTERPRISES LIMITED – ASX DMP, PUBLIC RELATIONS INSTITUTE OF AUSTRALIA

Google, Facebook exert dominance

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Original article by Darren Davidson
The Australian – Page: 24 & 26 : 6-Nov-17

Google and Facebook increased their average revenue per user by 10.6 per cent over the June quarter, as the two companies continue their dominance of digital advertising revenue. However, some traditional media publishers were able to lift their revenue per user, including Fairfax Media, "The New York Times", and Dow Jones, which publishes the "Wall Street Journal". News Corp CEO Robert Thomson, which owns Dow Jones, says it is pleasing that Google at least is beginning to show a willingness to support traditional journalism.

CORPORATES
GOOGLE INCORPORATED, FACEBOOK INCORPORATED, FAIRFAX MEDIA LIMITED – ASX FXJ, THE NEW YORK TIMES COMPANY, DOW JONES AND COMPANY, NEWS CORPORATION – ASX NWS

Four super funds paid millions to CFMEU

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Original article by Sally Patten
The Australian Financial Review – Page: Online : 6-Nov-17

Four industry superannuation funds made total payments of over $A12 million to the Construction, Forestry, Mining & Energy Union between 2007 and 2016, according to the Australian Electoral Commission. The union-backed funds, which include Cbus and FirstSuper, state the payments covered sponsorship arrangements and fees for union officials for sitting on their boards, but Financial Services Minister Kelly O’Dwyer is concerned that the AEC figures do not reflect the full scope of fund payments to unions.

CORPORATES
CONSTRUCTION, FORESTRY, MINING AND ENERGY UNION OF AUSTRALIA, AUSTRALIAN ELECTORAL COMMISSION, CONSTRUCTION AND BUILDING UNIONS’ SUPERANNUATION FUND, AUSTRALIAN PRUDENTIAL REGULATION AUTHORITY, FIRST SUPER PTY LTD, BUSS (QUEENSLAND) PTY LTD, MINE WEALTH AND WELLBEING

Fortescue urged to reduce exports, raise iron grades

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Original article by Peter Ker
The Australian Financial Review – Page: 27 : 4-Nov-17

Andrew Hines has urged Fortescue Metals to lift its iron ore grades, even if that means reducing the level of its exports. Hines, an analyst with Evans & Partners, says doing this would help the level of pricing discounts applied to its product. He notes its recent strategy of lowering the grade of its product has reduced its production costs, but at the expense of the price it gets for its shipments. Hines says a "perfect storm of factors", including higher energy and transport costs, could see Fortescue posting a loss in fiscal 2019, compared to the $US2.1 billion ($A2.7 billion) net profit it announced in August.

CORPORATES
FORTESCUE METALS GROUP LIMITED – ASX FMG

2.334 million Australians now unemployed or under-employed

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Original article by
Market Research Update – Page: Online : 6-Nov-17

A Roy Morgan survey has found that 1.226 million Australians were unemployed in October, an increase of 38,000 over the same time in 2016. A further 1.108 million Australians were under-employed, down 138,000 on the same time in 2016. The number of Australians in employment in October totalled 11,767,000, an increase of 104,000 over the past year, with the increase largely due to a rise in full-time jobs. Roy Morgan Research executive chairman Gary Morgan says employment growth has eased in the second half of 2017, while he notes the end of car manufacturing in Australia in October will have a flow-on effect to several automotive parts manufacturers and suppliers.

CORPORATES
ROY MORGAN RESEARCH LIMITED, AUSTRALIAN BUREAU OF STATISTICS

Millers, Lowes and Noni-B lead for customer satisfaction

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Original article by
Market Research Update – Page: Online : 6-Nov-17

A Roy Morgan Single Source survey has found that Millers had the highest level of customer satisfaction level of any clothing store in September, at 89.7 per cent. It was followed by Lowes, Noni-B, Rockmans and Jeanswest. Millers’ customer satisfaction was up by 2.9 per cent over the past year, while Lowes and Noni B also increased their level of customer satisfaction. Roy Morgan Research CEO Michele Levine notes the clothing store sector is one of the most competitive in Australian retail, so good customer service is all important.

CORPORATES
SPECIALTY FASHION GROUP LIMITED – ASX SFH, LOWES MENSWEAR, NONI B LIMITED – ASX NBL, ROCKMANS STORES LIMITED, JEANSWEST CORPORATION PTY LTD, HENNES OCH MAURITZ AB, ZARA, DEBENHAMS RETAIL PLC, AMAZON.COM INCORPORATED, UNIQLO AUSTRALIA PTY LTD

Citizenship debacle a trust breaker: Goyder

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Original article by Jacob Greber
The Australian Financial Review – Page: 4 : 3-Nov-17

Wesfarmers CEO Richard Goyder says political uncertainty is weighing on consumer confidence and retail sales. He used a National Press Club speech on 2 November to criticise former Senate president Stephen Parry over a long delay in disclosing concerns that he may have British citizenship by descent. Goyder added that Parry’s inaction has contributed to the general public’s lack of trust in politicians and heightened the perception that they are not addressing the needs of electors.

CORPORATES
WESFARMERS LIMITED – ASX WES, NATIONAL PRESS CLUB (AUSTRALIA), HIGH COURT OF AUSTRALIA, AMAZON.COM INCORPORATED