Stalled India trade reboot

Original article by Phillip Coorey
The Australian Financial Review – Page: 1 & 4 : 10-Apr-17

Progressing a free trade deal will be high on the agenda of Prime Minister Malcolm Turnbull during his three-day visit to India. Two-way trade between Australia and India was worth over $A19 billion in 2015-16, but Turnbull believes there is no reason why it should not be worth a lot more. The major sticking points to striking a free trade deal are seen to be Australia’s wish for greater access to India’s agricultural market and India’s desire for better access to Australia’s labour market.

CORPORATES
AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, ADANI MINING PTY LTD, AUSTRALIA. DEPT OF EDUCATION AND TRAINING, THE GROUP OF EIGHT LIMITED, AUSTRALIA. DEPT OF FOREIGN AFFAIRS AND TRADE

Coalition forced to mull ‘broader’ media reform

Original article by Max Mason
The Australian Financial Review – Page: 29 : 10-Apr-17

The Australian Government will consider more extensive media reforms after failing to secure the Senate’s support for its cross-media ownership bill in the last session of Parliament before the May 2017 Budget. The reforms could include changes to the anti-siphoning list for sports events and a further reduction in broadcasting licence fees. The latter is likely to be reduced over time in order to reduce its impact on the Budget.

CORPORATES
AUSTRALIA. DEPT OF COMMUNICATIONS AND THE ARTS, AUSTRALIAN LABOR PARTY, AUSTRALIAN GREENS, WIN CORPORATION PTY LTD, SOUTHERN CROSS MEDIA GROUP LIMITED – ASX SXL, PRIME MEDIA GROUP LIMITED – ASX PRT

Tesla more valuable than GM or Ford – and the majority of Australians are on-board

Original article by Roy Morgan Research
Market Research Update – Page: Online : 10-Apr-17

A special Roy Morgan Snap SMS Poll has found that 63% of Australians would pay more for a "Zero Emissions" car like Tesla, including 100% of 18-24yr olds and 72% of 25-34yr olds. The results were consistent around Australia, with significant majorities in all states – both regionally (62%) and in capital cities (62%), and both genders – women (65%) and men (61%) saying they were willing to pay more for a "Zero Emissions" car. The poll was conducted on 17 March 2017) in conjunction with the Roy Morgan State of the Nation Report 27 – Focus on Australia’s Automotive Industry.

CORPORATES
ROY MORGAN RESEARCH LIMITED, TESLA INCORPORATED, FORD MOTOR COMPANY, GENERAL MOTORS CORPORATION

Networks seek end to kids’ TV quotas

Original article by Mitchell Bingemann
The Australian – Page: 23 : 10-Apr-17

Australia’s commercial free-to-air networks have argued that the growing range of viewing options means the quota system for children’s programming is no longer appropriate. The networks’ submissions to the Federal Government’s arts inquiry noted that children are spending less time watching TV content on free-to-air, citing factors such as the emergence of streaming services and growing viewership of ABC channels among young audiences.

CORPORATES
AUSTRALIA. DEPT OF COMMUNICATIONS AND THE ARTS, TEN NETWORK HOLDINGS LIMITED – ASX TEN, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, SEVEN WEST MEDIA LIMITED – ASX SWM, AUSTRALIAN BROADCASTING CORPORATION

Rio Tinto ramps up ATO battle with $3.8b report

Original article by Peter Ker
The Australian Financial Review – Page: 15 : 10-Apr-17

Rio Tinto has released a report which shows that it paid $US2.89bn ($A3.85bn) in taxes to governments in Australia during 2016. This compares with $US3.3bn in 2015. The Federal Government received a total of $US1.39bn in tax payments from Rio Tinto in 2016. The resources giant is disputing the Australian Taxation Office’s ruling that it must pay an additional $A447 million in taxes. The ruling is associated with Rio Tinto’s use of a marketing hub in Singapore. Rio’s global tax bill totalled $US3.98bn in 2016.

CORPORATES
RIO TINTO LIMITED – ASX RIO, AUSTRALIAN TAXATION OFFICE, NATIONAL PARTY OF AUSTRALIA

Roy Morgan launches Auto Industry Future Tracker

Original article by Roy Morgan Research
Market Research Update – Page: Online : 7-Apr-17

The automotive industry is undergoing the biggest revolution since the car replaced the horse – cars that drive themselves, driverless trucks, car-sharing, Uber ride-sharing, new cars bought entirely online. The Roy Morgan Future Tracker will track when and where critical tipping points are reached, providing companies most impacted by the revolution with ongoing and up-to-date data on the key drivers of the technological revolution sweeping Australia’s automotive and related industries: Quest for Zero Emissions, Mobility, Driverless cars and Digital disruption/Connectivity. Continuous monitoring of these key drivers of change increases understanding of uptake, acceptance and attitudes towards new trends as they develop.

CORPORATES
ROY MORGAN RESEARCH LIMITED

Roy Morgan launches a Risk Profiler – an early warning system for the automotive industry

Original article by Roy Morgan Research
Market Research Update – Page: Online : 7-Apr-17

In a fast-changing world, automotive leaders need an "early-warning" system to pinpoint which brands are most at risk – and when. The automotive revolution represents a clear and present threat to incumbent businesses that rely on traditional business models, so early warnings are essential to survival. The Roy Morgan Risk Profiler provides an "early-warning" for brands that face the most risk. Along with Roy Morgan’s integrated suite of products, led by Helix Personas and the automotive industry-targeted Roy Morgan Future Tracker, Roy Morgan provides the solutions businesses are looking for to maintain and grow their market share.

CORPORATES
ROY MORGAN RESEARCH LIMITED

More Australians are using mobile data for talk, text and chat – especially people born overseas

Original article by Roy Morgan Research
Market Research Update – Page: Online : 6-Apr-17

A Roy Morgan Single Source survey has found that 6.5 million Australians aged 14+ used Facebook Messenger via mobile phone in an average four weeks during the six months to December 2016. This represents growth of 19 per cent compared with the same period in 2015. Meanwhile, use of WhatsApp grew by 15 per cent to 2.2 million average monthly users. Skype usage was virtually steady with just over 1.6 million users, use of Viber fell 28 per cent to 869,000 and WeChat usage rose by seven per cent to 340,000. The survey also shows that Australians born overseas are generally more likely to use these Over-The-Top communication apps, although people born in Australia and overseas are almost equally likely to use Facebook Messenger (32.6 per cent versus 32.9 per cent).

CORPORATES
ROY MORGAN RESEARCH LIMITED, FACEBOOK MESSENGER, WHATSAPP, SKYPE, VIBER, WECHAT

Strike delays copper mine projects: BHP

Original article by Peter Ker
The Australian Financial Review – Page: 13 & 25 : 6-Apr-17

BHP Billiton executive Daniel Malchuk has advised that a recent 44-day strike at the Escondida copper mine in Chile will postpone completion of a new concentrator and a desalination plant at the mine. Both projects had been slated for completion by June 2017, and the delay could impact on the mine’s output for the 2017-18 financial year. Malchuk has also indicated that production has resumed at Escondida, although it is not yet back to full capacity. He is optimistic that the dispute over a new pay deal at Escondida can be resolved.

CORPORATES
BHP BILLITON LIMITED – ASX BHP, MINERA ESCONDIDA LIMITADA, RIO TINTO LIMITED – ASX RIO, MITSUBISHI CORPORATION, NIPPON MINING AND METALS COMPANY LIMITED, FREEPORT-McMORAN COPPER AND GOLD INCORPORATED, MMG LIMITED – ASX MMG, OZ MINERALS LIMITED – ASX OZL

ANZ-Roy Morgan Australian Consumer Confidence trend decline resumes, down 2.7pts to 111.1

Original article by Roy Morgan Research
Market Research Update – Page: Online : 5-Apr-17

ANZ-Roy Morgan Australian Consumer Confidence fell 2.4% to 111.1 in the week ended 2 April 2017, its lowest value since October 2015. The four-week average now stands at 112.5, falling below its long-term average for the first time since February 2016. The fall in confidence was broad based, with four out of the five sub-indices recording declines. Expectations for economic conditions for next year fell sharply, with the index falling by 5.4% to the lowest this year. Households’ views towards their current finances fell by 2.8%, while the future finances index was down 2.1%.

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