Author: roymorgansocial

Google changes tack, works with publishers on subscriptions

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Original article by Max Mason
The Australian Financial Review – Page: 2 : 3-Oct-17

Digital giant Google has responded to news publishers’ concerns by adopting a "flexible sampling" model for news content accessed via its search results. This will replace the "first click free" model, and allows publishers to determine how many of their news articles consumers can read before requiring a paid subscription. Richard Gingras of Google says the company will also co-operate with publishers in streamlining the process of signing up for paid subscriptions.

CORPORATES
GOOGLE INCORPORATED, NEWS CORPORATION – ASX NWS, NEW YORK TIMES COMPANY, FINANCIAL TIMES GROUP

Marriage poll nearly 80% done

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Original article by Adam Gartrell
The Age – Page: 1 : 3-Oct-17

Polling undertaken on behalf of the Equality Campaign has found that 77 per cent of Australian electors have already voted in the postal plebiscite on same-sex marriage. The survey of 1,000 people shows that 69 per cent of electors aged 18-24 have returned their survey form, while 17 per cent of people in this age group have filled in their form but have yet to return it. The majority of young people are expected to vote in favour of same-sex marriage. Some 80 per cent of people aged 65+ have also returned their survey form; support for the traditional view of marriage is expected to be high among this age group.

CORPORATES
THE EQUALITY CAMPAIGN, AUSTRALIAN BUREAU OF STATISTICS, AUSTRALIAN ELECTORAL COMMISSION, AUSTRALIAN CHRISTIAN LOBBY, SKY NEWS, REACHTEL PTY LTD

Oh what a sinking feeling … a half-century on, Toyota pulls out

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Original article by Philip King
The Australian – Page: 7 : 3-Oct-17

Toyota’s Altona manufacturing plant in Melbourne will close on 3 October 2017, with the loss of 2,500 jobs. John Conomos, the former head of Toyota Australia, says the Japanese car-maker would have maintained a local manufacturing presence if Holden or Ford had also decided to remain in Australia. He adds that Toyota had been planning to build a third model in Australia, most likely a sports utility vehicle, when its rivals announced plans to end local production. Holden’s assembly plant in Adelaide will close on 20 October.

CORPORATES
TOYOTA MOTOR CORPORATION AUSTRALIA LIMITED, GM HOLDEN LIMITED, FORD MOTOR COMPANY AUSTRALIA LIMITED

6.5 million Australians watched the NRL Grand Final

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Original article by Roy Morgan Research
Market Research Update – Page: Online : 3-Oct-17

A special snap Roy Morgan SMS survey shows that 6.5 million Australians (34.5%) aged 18+ watched the 2017 NRL Grand Final and a further 1.6 million (8.5%) watched "Just the Highlights", while 10.8 million Australians (57%) did not watch the NRL decider. Of the 6.5 million Australians who watched the NRL Grand Final, 4.9 million (25.5%) primarily watched the game on TV, 330,000 (2%) watched at a friend’s house, 170,000 (1%) watched at a Pub/Hotel, 90,000 (0.5%) watched via an App/Website, 80,000 (0.5%) were at ANZ Stadium while a further 90,000 (0.5%) watched in a different way and 860,000 (4.5%) did not say. Analysis by State shows that 2.4 million people in New South Wales watched the NRL Grand Final, as well as 2 million Queenslanders and 1.4 million Victorians, while analysis by gender shows that more men (3.6 million) than women (2.9 million) watched the NRL Grand Final and a further 820,000 men and 830,000 women watched "Just the Highlights".

CORPORATES
ROY MORGAN RESEARCH LIMITED, NATIONAL RUGBY LEAGUE, MELBOURNE STORM RUGBY LEAGUE CLUB LIMITED, NORTH QUEENSLAND COWBOYS

China moves to put a price on carbon

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Original article by Angus Grigg, Ben Potter, Lisa Murray
The Australian Financial Review – Page: 1 & 6 : 3-Oct-17

China will launch an emissions trading scheme by the end of 2017. The ETS is expected to initially cover power stations, but it will be expanded to cover a range of other industries by 2020, including steel and aluminium production. The ETS could be expected to have a detrimental impact on the level of Australian coal exports to China, currently worth $A8 billion a year, and comes at a time when other regional consumers of Australian coal are imposing similar emission measures.

CORPORATES
TSINGHUA UNIVERSITY, CARBON MARKET INSTITUTE LIMITED, WESFARMERS LIMITED – ASX WES, QANTAS AIRWAYS LIMITED – ASX QAN, ORICA LIMITED – ASX ORI, ORIGIN ENERGY LIMITED – ASX ORG, UNITED NATIONS, GREENPEACE, CHINA. NATIONAL DEVELOPMENT AND REFORM COMMISSION, INSTITUTE FOR ENERGY ECONOMICS AND FINANCIAL ANALYSIS, COMMUNIST PARTY (CHINA), CLIMATE BRIDGE

Gold royalty rise to cost 3000 jobs: lobby

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Original article by Andrew Burrell
The Australian – Page: 6 : 3-Oct-17

Economic modelling by the Chamber of Minerals & Energy of Western Australia highlights the potential impact of the State Government’s proposal to increase the gold royalty from 2.5 per cent to 3.75 per cent. The modelling, which is based on 27 gold mines, suggests that the royalty hike would reduce the gold sector’s cash flow by about $A125m a year and cost up to 3,000 jobs. Saracen Mineral Holdings Raleigh Finlayson notes that a further 2,000 direct jobs would be lost if the gold price fell to $A1,400 per tonne.

CORPORATES
THE CHAMBER OF MINERALS AND ENERGY OF WESTERN AUSTRALIA INCORPORATED, SARACEN MINERAL HOLDINGS LIMITED – ASX SAR, WESTERN AUSTRALIA. DEPT OF TREASURY AND FINANCE, MACQUARIE RESEARCH EQUITIES, SILVER LAKE RESOURCES LIMITED – ASX SLR, BLACKHAM RESOURCES LIMITED – ASX BLK, WESTGOLD RESOURCES LIMITED – ASX WGX

Sydney house prices slump for the first time since 2015

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Original article by Su-Lin Tan
The Australian Financial Review – Page: 5 : 3-Oct-17

Data from CoreLogic shows that there was an 0.1 per cent decline in Sydney house prices during September 2017. Sydney recorded house price growth of 0.2 per cent in the September quarter, although this compares with 3.5 per cent growth for the same period in 2016. The figures also show that house prices in Melbourne rose by 0.9 per cent in September, while Hobart recorded price growth of 1.7 per cent and house prices in Perth increased by 0.1 per cent.

CORPORATES
CORELOGIC AUSTRALIA PTY LTD, AUSTRALIAN PRUDENTIAL REGULATION AUTHORITY, McGRATH LIMITED – ASX MEA

CBA’s management exodus continues

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Original article by James Eyers
The Australian Financial Review – Page: 9 & 12 : 3-Oct-17

The Commonwealth Bank of Australia’s ASB subsidiary in New Zealand will consider internal and external candidates to succeed outgoing CEO Barbara Chapman. ASB’s profits have risen from just $A568m to more than $A1bn since Chapman took the helm in 2011. She will retire from the banking sector in 2018. CBA also recently advised that the head of its wealth management arm, Annabel Spring, will step down in late 2017, while CEO Ian Narev will leave the banking major by mid-2018.

CORPORATES
COMMONWEALTH BANK OF AUSTRALIA – ASX CBA, ASB BANK LIMITED, NATIONAL AUSTRALIA BANK LIMITED – ASX NAB, ALL BLACKS, RUSSELL REYNOLDS ASSOCIATES INCORPORATED, AUSTRALIA. ATTORNEY-GENERAL’S DEPT. AUSTRALIAN TRANSACTION REPORTS AND ANALYSIS CENTRE, FEDERAL COURT OF AUSTRALIA

Bass gas in Exxon’s frame due to onshore constraint

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Original article by Matt Chambers
The Australian – Page: 20 : 3-Oct-17

The rising price of gas on Australia’s east coast and restrictions on onshore production has prompted renewed exploration activity in Bass Strait. ExxonMobil, Origin Energy and Cooper Energy intend to undertake new drilling programs. ExxonMobil will drill two deepwater wells in the Dory prospect in the offshore Gippsland Basin. The company has previously warned that production at the Longford gas plant will fall in 2018 as its current output is not sustainable.

CORPORATES
EXXONMOBIL CORPORATION, ORIGIN ENERGY LIMITED – ASX ORG, COOPER ENERGY LIMITED – ASX COE, BHP BILLITON LIMITED – ASX BHP, AUSTRALIAN ENERGY MARKET OPERATOR LIMITED, GOLDMAN SACHS AUSTRALIA PTY LTD, LIBERTY PETROLEUM

8.4 million Australians watched the AFL Grand Final

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Original article by Roy Morgan Research
Market Research Update – Page: Online : 3-Oct-17

A special snap Roy Morgan SMS survey shows that 8.4 million Australians (44.5%) aged 18+ watched the 2017 AFL Grand Final and a further 1.8 million (9.5%) watched "Just the Highlights", while 8.7 million Australians (46%) did not watch the AFL’s biggest game. Of the 8.4 million Australians that watched the AFL Grand Final, over 5.7 million (30.5%) primarily watched the game on TV, 1 million (5.5%) watched at a friend’s house, 360,000 (2%) watched at a Pub/Hotel, 100,000 (0.5%) watched via an App/Website, 100,000 (0.5%) were at the MCG while a further 230,000 (1%) watched in a different way and 820,000 (4.5%) did not say. Analysis by State shows that 3.3 million Victorians watched the AFL Grand Final, nearly twice as many as in New South Wales (1.7 million), while analysis by gender shows that more men (4.6 million) than women (3.8 million) watched the AFL Grand Final and a further 1.0 million men and 850,000 women watched "Just the Highlights".

CORPORATES
ROY MORGAN RESEARCH LIMITED, AUSTRALIAN FOOTBALL LEAGUE, RICHMOND FOOTBALL CLUB, ADELAIDE CROWS FOOTBALL CLUB