Author: roymorgansocial

Where did the year go? A look at how Australia spent its time in 2016

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Original article by Roy Morgan Research
Market Research Update – Page: Online : 21-Dec-16

Roy Morgan’s Single Source shows that Australians aged 14+ watched 18.7 billion hours of TV in 2016, compared with a cumulative 17.7 billion hours spent at work. Australians also spent 15.1 billion hours listening to radio and 13.6 billion hours online, while another 6.2 billion hours were spent actively online at work, school, and everywhere else. Newspapers scored 2.1 billion hours of national attention over the year, with magazines claiming just shy of a billion hours overall. Meanwhile, Australians took 52 million holidays during the year (over 2.5 each on average, although around three in 10 did not take any trip).

CORPORATES
ROY MORGAN RESEARCH LIMITED

Sales boom the perfect gift for Myer boss

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Original article by Eli Greenblat
The Australian – Page: 21 : 20-Dec-16

Myer CEO Richard Umbers is confident sales at the group’s stores will be strong in the final week before Christmas. Personalised gift options are particularly popular among shoppers. Umbers hopes these gifts will be as popular as in 2015 when 450,000 shoppers bought personalised jars of Nutella before Christmas.

CORPORATES
MYER HOLDINGS LIMITED – ASX MYR, DAVID JONES LIMITED, GPT GROUP – ASX GPT, PAYLESS SHOES PTY LTD, FERRIER HODGSON AND COMPANY

Charter Hall Retail REIT portfolio grows by $130m

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Original article by Matthew Cranston
The Australian Financial Review – Page: 33 : 20-Dec-16

Charter Hall Retail REIT has reported that the value of its property portfolio increased by $A130 million, or 5.2 per cent, to $A2.695 billion. The portfolio weighted average capitalisation rate rose by 29 basis points to 6.71 per cent, from 6.42 per cent. Shopping Centres Australasia Property Group reported in mid-December 2016 that the value of its property portfolio increased by $A169.1 million. The total portfolio capitalisation rate improved by 51 basis points to 6.62 per cent.

CORPORATES
CHARTER HALL RETAIL REIT – ASX CQR, SHOPPING CENTRES AUSTRALASIA PROPERTY GROUP – ASX SCP

Russian ambassador to Turkey Andrei Karlov shot in Ankara

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Original article by
CBS News – Page: online : 20-Dec-16

Andrey Karlov, the Russian Ambassador to Turkey, is in hospital after being shot by a gunman who fired at least eight shots at the victim. The incident occurred at a photo exhibition in Ankara on 19 December 2016. The gunman shouted "Allahu Akbar" and "For Aleppo!" before being shot dead by the police.

CORPORATES
RUSSIA. MINISTRY OF FOREIGN AFFAIRS

Wesfarmers, Woolies rule out pokies exit

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Original article by Sue Mitchell, Lucille Keen
The Australian Financial Review – Page: 13 : 20-Dec-16

Wesfarmers has no intention to exit the poker machine sector. Such a move would involve selling Coles 3,069 poker machines. Woolworths’ pubs and clubs business ALH also remains committed to its 12,000 poker machines. Independent Senator Nick Xenophon insists that a Senate inquiry is necessary to scrutinise the gambling industry. He warned that 2017 could be "a very unhappy year" for the sector.

CORPORATES
WESFARMERS LIMITED – ASX WES, COLES GROUP LIMITED, ALH AUSTRALIA LIMITED, GAMING TECHNOLOGIES ASSOCIATION LIMITED, ALLIANCE FOR GAMBLING REFORM, AUSTRALIA. PRODUCTIVITY COMMISSION

Super funds’ safe harbour ‘extraordinary’

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Original article by Sally Patten
The Australian Financial Review – Page: 4 : 20-Dec-16

The Federal Government has proposed to protect superannuation funds from legal challenges when fund members claim that the fund did not meet their fiduciary duties. The intention of the Government is to encourage funds to offer more comprehensive retirement income products (CIPRs). Michelle Levy, a partner at law firm Allens, says it would be inappropriate to offer a safe harbour solely for CIPRs.

CORPORATES
ALLENS, AUSTRALIA. DEPT OF FINANCE

Downgrade is on its way

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Original article by Philip Baker
The Australian Financial Review – Page: 1 : 20-Dec-16

S&P Global Ratings, Moody’s Investors Service and Fitch Ratings have decided against downgrading Australia’s AAA credit rating following the release of the Mid-Year Economic and Fiscal Outlook on 19 December 2016. However, S&P warned that Australia’s fiscal position could worsen. Stephen Walters, chief economist at the Australian Institute of Company Directors, says Australia is almost certain to lose the highest credit rating.

CORPORATES
AUSTRALIA. DEPT OF THE TREASURY, AUSTRALIA. DEPT OF FINANCE, S&P GLOBAL RATINGS, MOODY’S INVESTORS SERVICE INCORPORATED, FITCH RATINGS LIMITED, AUSTRALIAN INSTITUTE OF COMPANY DIRECTORS

Canberra cans plan to privatise ASIC Registry

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Original article by Joanna Mather
The Australian Financial Review – Page: 8 : 20-Dec-16

The Federal Government has decided against privatising the Australian Securities & Investments Commission (ASIC)’s registry business. The Government informed on 19 December 2016 that final bids for the business were not high enough to justify the change in the status of the registry. ASIC collected $A768 million in fees in 2015-16.

CORPORATES
AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION, GETUP LIMITED, COMPUTERSHARE LIMITED – ASX CPU, BOREALIS INFRASTRUCTURE MANAGEMENT INCORPORATED, TERANET, LAZARD AUSTRALIA PRIVATE EQUITY PTY LTD, VEDA GROUP LIMITED, INFORMATION SERVICES GROUP, BROOKFIELD ASSET MANAGEMENT INCORPORATED

ASX, dollar shrug off budget update

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Original article by Zac Crellin, Jens Meyer, Patrick Commins
The Australian Financial Review – Page: 28 : 20-Dec-16

Figures in the Federal Government’s Mid-year Economic and Fiscal Outlook on 19 December 2016 made a positive impression on investors. The S&P/ASX 200 Index closed 29 points higher at 5,562 points on the same day while the All Ordinaries index rose 23 points to 5,612. The Australian dollar traded at $US0.729 in late trade. Shares in Seven West Media fell eight per cent, after revelations that CEO Tim Worner and a former executive assistant had a sexual relationship.

CORPORATES
STANDARD AND POOR’S ASX ALL ORDINARIES INDEX, STANDARD AND POOR’S ASX 200 INDEX, SEVEN WEST MEDIA LIMITED – ASX SWM, SYRAH RESOURCES LIMITED – ASX SYR, ORIGIN ENERGY LIMITED – ASX ORG, SANTOS LIMITED – ASX STO, AUSTRALIA. DEPT OF THE TREASURY

Importance of using Roy Morgan’s Cross-Platform Audience measurement proven by Bauer and News Corp’s decisions to pull out of AMAA

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Original article by
B&T – Page: online : 19-Dec-16

In the past week both Bauer Media and now News Corp’s magazines division have made the decision to withdraw from the Audited Media Association of Australia (AMAA) magazine circulation measurement system (as reported in B&T’s article "Is This The End For The AMAA as News Corp Follows Bauer And Pulls The Audit Pin?"). Both magazine publishers have argued that the AMAA doesn’t properly capture the new reality by measuring digital readership of titles properly. The Roy Morgan Cross-Platform Audience figures which measure across print, website and app are the most accurate way to properly measure the breadth of readership of a title – whether a magazine or a newspaper. Advertisers are increasingly relying on the average issue readership figures provided by the Roy Morgan Cross-Platform Audience metric to buy their print advertising to target the correct audience.

CORPORATES
ROY MORGAN RESEARCH LIMITED, BAUER MEDIA AUSTRALIA PTY LTD, NEWS CORPORATION – ASX NWS, AUDITED MEDIA ASSOCIATION OF AUSTRALIA LIMITED