Author: roymorgansocial

Mixed views on dollar’s chance of hitting US80c

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Original article by David Rogers
The Australian – Page: 28 : 15-Feb-17

The Australian dollar rallied on 14 February 2017, benefiting from factors such as an upbeat business survey and a strong rise in the Chinese producer price index. The currency has reached a two-year high on a trade-weighted index basis, while it is within sight of the 2016 high of $US0.7835. However, the spot price of iron ore may not be sustainable at the current elevated level, while the gap between official interest rates in Australia and the US is likely to narrow as the Federal Reserve gears up to tighten monetary policy.

CORPORATES
UNITED STATES. FEDERAL RESERVE BOARD, STANDARD AND POOR’S ASX 200 INDEX, BHP BILLITON LIMITED – ASX BHP, RIO TINTO LIMITED – ASX RIO, FORTESCUE METALS GROUP LIMITED – ASX FMG, COMMONWEALTH BANK OF AUSTRALIA – ASX CBA, TELSTRA CORPORATION LIMITED – ASX TLS, NATIONAL AUSTRALIA BANK LIMITED – ASX NAB, JP MORGAN AUSTRALIA LIMITED

Kids now spend more time online than watching TV

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Original article by Roy Morgan Research
Market Research Update – Page: Online : 15-Feb-17

Roy Morgan’s Young Australians Survey has found that Australians aged 6-13 spent an average of almost 12 hours a week using the internet in 2016, almost double the six-and-a-bit hours a week kids spent online in 2008. Including all internet use at home, school or elsewhere, the time spent online has risen consistently over the period, increasing by an average 42 minutes each year. In contrast, the average Australian youngster spent 10.5 hours a week watching TV in 2016, down from over 14.5 hours a week in 2008. However, almost 30 per cent of kids’ internet usage is done outside the home. At home, kids spend almost eight and a half hours a week using the internet – still around two hours less than they spend watching TV.

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ROY MORGAN RESEARCH LIMITED

Betting on US stimulus could come back to bite

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Original article by David Rogers
The Australian – Page: 32 : 14-Feb-17

Sharemarkets have rallied in response to indications from US President Donald Trump of a major announcement on tax policy in coming weeks. Diana Mousina of AMP Capital warns that any move by the Trump administration to back away from its proposed tax cuts for companies and individuals would hit shares and US economic growth. However, an overly aggressive fiscal stimulus package would risk a spike in the inflation rate, which would most likely prompt a rise in interest rates. This in turn could derail the sharemarket rally.

CORPORATES
UNITED STATES. EXECUTIVE OFFICE OF THE PRESIDENT, AMP CAPITAL INVESTORS LIMITED, UNITED STATES. FEDERAL RESERVE BOARD, STANDARD AND POOR’S ASX 200 INDEX, PERPETUAL INVESTMENTS, PACIFIC INVESTMENT MANAGEMENT COMPANY LLC

Networks put gloves on against illegal streaming

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Original article by Mitchell Bingemann
The Australian – Page: 23 : 13-Feb-17

Foxtel CEO Peter Tonagh says the pay-TV group is collaborating with Facebook on the development of software that can detect unauthorised live streams on the social media platform. The tool is being created in the wake of the boxing match between Anthony Mundine and Danny Green. Foxtel had broadcast the match on a pay-per-view basis, but it was illegally streamed via several Facebook accounts. Foxtel has agreed to accept a public apology from those responsible rather than pursue legal action.

CORPORATES
FOXTEL MANAGEMENT PTY LTD, FACEBOOK INCORPORATED

Reforms face stiff test from Hanson

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Original article by Mitchell Bingemann
The Australian – Page: 23 : 13-Feb-17

The Federal Government’s cross-media ownership reforms will require the support of Senate crossbenchers. However, One Nation senator Pauline Hanson is said to be concerned about foreign ownership of Australian media assets, while Nick Xenophon advocates imposing a "super profits" tax on Google and Facebook due to their growing dominance of the online advertising market. Communications Minister Mitch Fifield is tipped to introduce the media reform bill in the upper house in mid-February 2017.

CORPORATES
AUSTRALIA. DEPT OF COMMUNICATIONS AND THE ARTS, ONE NATION PARTY, NICK XENOPHON TEAM, GOOGLE INCORPORATED, FACEBOOK INCORPORATED, AUSTRALIAN LABOR PARTY, AUSTRALIAN GREENS

Digital audience growth continued to drive newspaper readership higher in 2016

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

Roy Morgan Research has released the Print Readership and Cross-Platform Audience results for Australian Newspapers for the 12 months to December 2016. Some 8,153,000 million Australians aged 14+ (41 per cent) read print newspapers in an average week in 2016. This is down 4.3 per cent, or just over half a million readers, compared with 2015. Monday to Friday dailies reach a combined 5.7 million readers during an average week (down 4.8 per cent). Some 4.9 million people read Saturday print newspapers in an average week in 2016 (down 2.7 per cent), and Sunday titles reached 4.4 million (down 4.3 per cent). Meanwhile, the total cross-platform reach of Australian mastheads measured across both print and digital increased to 13.1 million in 2016. Two in three Australians now access these news mastheads across any platform and any device in an average week.

CORPORATES
ROY MORGAN RESEARCH LIMITED, NEWS CORP AUSTRALIA PTY LTD, FAIRFAX MEDIA LIMITED – ASX FXJ, SEVEN WEST MEDIA LIMITED – ASX SWM

Magazine readership finishes 2016 on a high

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

Roy Morgan Research has released the Australian Magazine Print Readership and Cross-Platform Audience results for the 12 months to December 2016. Print magazines reached 12,658,000 Australians aged 14+ in 2016, up 3.6 per cent since 2015. "Coles Magazine" remained the most widely-read print magazine during the period, with an average readership of 3,729,000 per issue (an increase of 24.5 per cent). Meanwhile, "Better Homes & Gardens" and "Australian Women’s Weekly" continue to have the highest Cross-Platform Audiences, at 2,112,000 and 1,965,000 respectively.

CORPORATES
ROY MORGAN RESEARCH LIMITED

Apple Pay to take bite at big three banks

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Original article by James Eyers
The Australian Financial Review – Page: 1 & 30 : 10-Feb-17

Macquarie Bank and ING Direct customers will have access to the Apple Pay service by the end of February 2017, but the ANZ Bank is the only "big four" bank that currently offers it. The head of Apple Pay, Jennifer Bailey, warns that the Commonwealth Bank, Westpac and National Australia Bank risk losing customers unless they embrace the global payments system. ANZ Bank has indicated that about 26 per cent of its customers use Apple Pay, while Bailey notes that Australians are now the biggest users of the service.

CORPORATES
APPLE PAY, APPLE INCORPORATED, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ, COMMONWEALTH BANK OF AUSTRALIA – ASX CBA, WESTPAC BANKING CORPORATION – ASX WBC, NATIONAL AUSTRALIA BANK LIMITED – ASX NAB, MACQUARIE BANK LIMITED – ASX MBL, ING DIRECT, BENDIGO AND ADELAIDE BANK LIMITED – ASX BEN, AUSTRALIAN COMPETITION AND CONSUMER COMMISSION

Over 12 million Australians have jobs for the first time – including over 8 million full-time jobs, but real unemployment now 9.7% (1.295m)

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Original article by Roy Morgan Research
Market Research Update – Page: Online : 9-Feb-17

A Roy Morgan Research survey has found that Australia’s real unemployment rate was 9.7 per cent in January 2017. Some 1.295 million Australians are now unemployed (down 51,000 in a year), while the number of people who are under-employed has fallen by 122,000 in the last 12 months to 1,107,000 (8.3 per cent of the workforce). Meanwhile, the total workforce has risen to 13,414,000 (up 316,000 since January 2016), and total employment has risen above 12 million for the first time, to 12,120,000 (up 368,000). The number of Australians who are employed full-time has also risen above 8 million for the first time, to 8,085,000 (up 221,000 since January 2016). The official unemployment rate was 5.8 per cent in December 2016. Roy Morgan Research executive chairman Gary Morgan says US President Donald Trump has consistently outlined the problems with the way unemployment is measured in the US. Trump’s insistence that the BLS severely under-estimates US unemployment is one of the primary reasons he was elected President. The Australian Government faces the same problem Trump has called attention to. The changing nature of the workforce in Australia, the US, and for that matter around the world demands that Governments look seriously at amending the official measures of employment and unemployment that policymakers rely on to make decisions that impact millions of their citizens.

CORPORATES
ROY MORGAN RESEARCH LIMITED, AUSTRALIAN BUREAU OF STATISTICS, UNITED STATES. EXECUTIVE OFFICE OF THE PRESIDENT, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, AUSTRALIAN BUILDING AND CONSTRUCTION COMMISSION

Satisfaction with big four banks up in December but high-value customers left well behind for satisfaction and advocacy

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Original article by Roy Morgan Research
Market Research Update – Page: Online : 8-Feb-17

A Roy Morgan Research Single Source survey has found that the satisfaction level of personal customers of Australia’s four major banks was 79.9% in the six months to December 2016, compared with 79.5% in November. However, the top-quintile customers (top 20%), who account for 62.9% of the total value of the financial services market across all banking and wealth-management products, had the lowest satisfaction level of all the quintiles (73.4%) and the lowest level of advocacy with a "net promoter score" (NPS3) of minus 23.9. The Commonwealth Bank had the highest satisfaction rating among top-quintile customers (75.6%), although the smaller Teachers Mutual Bank had the highest satisfaction rating among these customers, at 96.1%.

CORPORATES
ROY MORGAN RESEARCH LIMITED, COMMONWEALTH BANK OF AUSTRALIA – ASX CBA, WESTPAC BANKING CORPORATION – ASX WBC, NATIONAL AUSTRALIA BANK LIMITED – ASX NAB, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ, TEACHERS MUTUAL BANK LIMITED, BENDIGO BANK, ING DIRECT