Author: roymorgansocial

Pilbara property crash could be over

roymorgansocial Leave a comment

Original article by Julie-anne Sprague
The Australian Financial Review – Page: 6 : 5-Jan-17

House prices in Western Australia’s Pilbara region are unlikely to continue to decline. Hedland Property Shop MD Jim Henneberry says a recent increase in sales turnover suggests that the local real estate market is about to rebound, after several years of dramatic falls. The median house price in South Hedland fell 70 per cent in just four years, from $A850,000 to $A250,000.

CORPORATES
HEDLEY PROPERTY SHOP, SQM RESEARCH PTY LTD, COMMONWEALTH BANK OF AUSTRALIA – ASX CBA

Miners’ $8.3b revenue jump to lift profits

roymorgansocial Leave a comment

Original article by Peter Ker
The Australian Financial Review – Page: 13 : 5-Jan-17

Australia’s biggest listed mining companies are believed to have recorded a rise of $US6 billion (($A8.3 billion)) in combined revenues because of higher commodity prices. Analysts expect BHP Billiton to announce in February 2017 that revenues for the six months to 31 December 2016 rose 20 per cent to $US19.1 billion. Rio Tinto is likely to buy back shares worth $US2 billion.

CORPORATES
BHP BILLITON LIMITED – ASX BHP, RIO TINTO LIMITED – ASX RIO, NEWCREST MINING LIMITED – ASX NCM, FORTESCUE METALS GROUP LIMITED – ASX FMG, WHITEHAVEN COAL LIMITED – ASX WHC

Continued iron ore rally faces threat as supply worry returns

roymorgansocial Leave a comment

Original article by Ranjeetha Pakiam
The Australian Financial Review – Page: 16 : 5-Jan-17

The price of iron ore may be negatively affected by oversupply and lower demand. Having risen 81 per cent to around $US80 a tonne in 2016, it is unlikely to continue to climb in 2017. Rising iron ore prices have had a positive impact on share prices of Australian-listed mining companies, with Rio Tinto’s shares gaining 34 per cent in value in 2016.

CORPORATES
RIO TINTO LIMITED – ASX RIO, BHP BILLITON LIMITED – ASX BHP, FORTESCUE METALS GROUP LIMITED – ASX FMG, VALE SA

Building boom in risky areas

roymorgansocial Leave a comment

Original article by Michael Bleby, Matthew Cranston
The Australian Financial Review – Page: 1 : 5-Jan-17

Apartment buildings due for completion in 2017 and 2018 are often located in postcodes which are considered as risky by lenders. A study of Rider Levett Bucknall’s crane index in the September 2016 quarter indicates that about 38 per cent of cranes were located in such areas. Brisbane’s apartment scene is particularly problematic, with nearly 57 per cent of all cranes located in areas of restricted lending.

CORPORATES
RIDER LEVETT BUCKNALL PTY LTD, NATIONAL AUSTRALIA BANK LIMITED – ASX NAB, AMP LIMITED – ASX AMP, REALTY BASE GROUP, CHARTER KECK CRAMER, JONES LANG LASALLE AUSTRALIA PTY LTD, METRO PROPERTY DEVELOPMENT PTY LTD, AUSTRALIAN PRUDENTIAL REGULATION AUTHORITY

‘Our source is not the Russians’: Julian Assange in rare interview

roymorgansocial Leave a comment

Original article by Luke Henriques Gomes
The New Daily – Page: online : 4-Jan-17

WikiLeaks founder Julian Assange insists that his organisation did not receive hacked Hillary Clinton campaign emails from Russia. More than 19,000 emails were released during the US presidential election. The affair could be a factor in Donald Trump’s victory. Assange declined to reveal whether the source was based in the US.

CORPORATES
WIKILEAKS, FOX NEWS, DEMOCRATIC NATIONAL COMMITTEE

Big four looking good on capital

roymorgansocial Leave a comment

Original article by Tony Boyd
The Australian Financial Review – Page: 40 : 5-Jan-17

Australia’s major banks are unlikely to be affected by a dispute between the European banks and the Basel Committee on Banking Supervision. Predictably, the European banks are resisting the committee’s stricter capital requirements. The committee stated on 4 January 2017 that aid the regulatory reforms would be delayed as more time is needed to finalise some of their aspects. Unlike the European banks, the big four Australian banks have sufficient levels of common equity tier 1 capital to meet the committee’s new requirements.

CORPORATES
BANK FOR INTERNATIONAL SETTLEMENTS. BASEL COMMITTEE ON BANKING SUPERVISION, DEUTSCHE BANK AG, SOCIETE GENERALE SA, UNICREDIT SPA, AUSTRALIAN PRUDENTIAL REGULATION AUTHORITY, FITCH INVESTORS SERVICE INCORPORATED, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ, WESTPAC BANKING CORPORATION – ASX WBC, COMMONWEALTH BANK OF AUSTRALIA – ASX CBA, NATIONAL AUSTRALIA BANK LIMITED – ASX NAB

are still dragging satisfaction levels down

roymorgansocial Leave a comment

Original article by Roy Morgan Research
Market Research Update – Page: online : 5-Jan-17

A Roy Morgan Single Source survey has found that banking using an app on a mobile phone or tablet is now more popular than using branches, with 38.8% of Australians using it in an average four-week period, compared with only 28.2% for branches. Satisfaction is a major driver of this trend with 90.7% satisfaction with mobile banking among the big four, compared to 84.8% satisfaction with branches. With a 93.8% satisfaction rate among its mobile banking customers, the CBA has the highest satisfaction of the 10 major banks and has improved by 2.2% points over the last 12 months. Bendigo Bank is a close second with 93.4%, followed by ING Direct on 92.7%. The remainder of the big four banks were well below this top group with ANZ on 88.4%, NAB on 88.0% and Westpac on 87.7%.

CORPORATES
ROY MORGAN RESEARCH LIMITED, BANK OF QUEENSLAND LIMITED – ASX BOQ, COMMONWEALTH BANK OF AUSTRALIA – ASX CBA, NATIONAL AUSTRALIA BANK LIMITED – ASX NAB, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ, WESTPAC BANKING CORPORATION – ASX WBC, GREATER BANK LIMITED, BENDIGO AND ADELAIDE BANK LIMITED – ASX BEN, ING DIRECT, SUNCORP BANK, ST GEORGE BANK LIMITED, BANK OF WESTERN AUSTRALIA LIMITED

Sweet drinks much more popular with kids than older Aussies

roymorgansocial Leave a comment

Original article by Roy Morgan Research
Market Research Update – Page: online : 5-Jan-17

A Roy Morgan Single Source survey has found that fruit juice and drinks, soft drinks, cordial and frozen beverages such as Slushies are all dramatically more popular with Australian children aged 6-13 years than with consumers aged 14 or older. In an average seven days, 62.3% of Australian children drink fruit juice/drinks at least once, 57.8% consume carbonated soft drinks, 32.4% drink cordial and 28.6% consume frozen drinks. Those figures exceed 100% as a substantial proportion of children are drinking more than one of these beverage types per week.

CORPORATES
ROY MORGAN RESEARCH LIMITED

Indonesia stops military co-operation

roymorgansocial Leave a comment

Original article by Primrose Riordan
The Australian Financial Review – Page: 3 : 5-Jan-17

Australian Defence Minister Marise Payne has issued a statement about Indonesia’s decision to suspend military co-operation with Australia. According to Payne, suspension applies only to certain areas of defence cooperation between the two countries but Indonesian armed forces spokesman Major General Wuryanto said all forms of cooperation had been suspended. Wuryanto stated technical reasons were behind the suspension.

CORPORATES
AUSTRALIA. DEPT OF DEFENCE, LOWY INSTITUTE FOR INTERNATIONAL POLICY