Author: roymorgansocial

Walkley for compelling Bowraville podcast

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Original article by Darren Davidson
The Australian – Page: 23 : 5-Dec-16

The annual Walkley Awards for excellence in journalism were presented on 2 December 2016. News Corp Australia journalists won eight Walkleys in total, including one for the series of podcasts by Dan Box of "The Australian" on the Bowraville murders in New South Wales. The Gold Walkley was awarded to freelance photographer Andrew Quilty, while the achievements of the late sports columnist and broadcaster Rebecca Wilson were recognised with the Walkley Award for journalistic leadership.

CORPORATES
NEWS CORP AUSTRALIA PTY LTD, NEWS CORPORATION – ASX NWS, WALKLEY FOUNDATION FOR JOURNALISM, THE GUARDIAN AUSTRALIA, AUSTRALIAN BROADCASTING CORPORATION, PARRAMATTA EELS, NEW SOUTH WALES. DEPT OF PREMIER AND CABINET, COURT OF CRIMINAL APPEAL (NEW SOUTH WALES)

Too early to say goodbye to tough times

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Original article by Angela Macdonald-Smith
The Australian Financial Review – Page: 20 : 2-Dec-16

AWE Limited CEO David Biggs says that oil and producers are unlikely to increase their capital investment until the longer-term impact of OPEC’s production cuts on the crude oil price is known. He believes that a sustained price above $US60 per barrel will be needed for oil companies to commit to increased spending. Beach Energy director Jim McKerlie agrees that the OPEC deal will not be a "gamechanger" for oil and gas producers.

CORPORATES
AWE LIMITED – ASX AWE, BEACH ENERGY LIMITED – ASX BPT, ORGANISATION OF PETROLEUM EXPORTING COUNTRIES, HORIZON OIL LIMITED – ASX HZN, SANTOS LIMITED – ASX STO, OIL SEARCH LIMITED – ASX OSH, ORIGIN ENERGY LIMITED – ASX ORG, WORLEYPARSONS LIMITED – ASX WOR, WOODSIDE PETROLEUM LIMITED – ASX WPL, FAR LIMITED – ASX FAR, RBC CAPITAL MARKETS

Standing up to be counted: 50 proud LGBTI executives

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Original article by Edmund Tadros, Patrick Durkin, Joanne Gray
The Australian Financial Review – Page: 1 & 13 : 2-Dec-16

Deloitte has compiled a list of prominent executives who belong to the LGBTI (lesbian, gay, bisexual, transgender and intersex) category. The list of 50 LGBTI business leaders will appear in "The Australian Financial Review BOSS" magazine. It includes Optus SingTel chairman Paul O’Sullivan, Business Council of Australia CEO Jennifer Westacott, Qantas CEO Alan Joyce and Partners in Performance CEO Skipp Williamson.

CORPORATES
BUSINESS COUNCIL OF AUSTRALIA, QANTAS AIRWAYS LIMITED – ASX QAN, PARTNERS IN PERFORMANCE PTY LTD, DELOITTE TOUCHE TOHMATSU LIMITED, SINGTEL OPTUS PTY LTD

Second wind lifts Netflix over 5.75 million Australians – but not everyone actually watches it

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Original article by Roy Morgan Research
Market Research Update – Page: Online : 2-Dec-16

A Roy Morgan Single Source survey has found that 29 per cent of Australians aged 14+ (5,776,000 people) had a Netflix subscription in November 2016, up from 25 per cent in May. A total of 2,223,000 Australian households now have a Netflix subscription. Meanwhile, more than two in five Netflix subscribers stream less than three hours of its content during an average week, including 26 per cent who watched some Netflix but less than three hours in the last seven days, and another 16 per cent who did not watch any at all. Some 35 per cent of people with a household Netflix subscription spend three to seven hours watching, and 14 per cent spend eight to 14 hours. Less than one in 10 Netflix subscribers (nine per cent) had a real "binge-viewing" week, watching 15 or more hours of content. Although the overall take-up of Netflix now rivals that of Foxtel, those with the Pay TV provider spend around twice as much time watching. The majority of Foxtel subscribers spend at least eight hours a week watching, including over a third who watch for 15 hours or more. Only around one in 20 people with Foxtel haven not watched it at all in the last seven days.

CORPORATES
ROY MORGAN RESEARCH LIMITED, NETFLIX INCORPORATED, FOXTEL MANAGEMENT PTY LTD

First blood: strikes to roll under ABCC delay

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Original article by Ewin Hannan
The Australian – Page: 1 & 6 : 2-Dec-16

Kane Constructions will be targeted by a series of rolling strikes by the Construction, Forestry, Mining & Energy Union because it has refused to sign a pattern enterprise bargaining agreement that does not comply with the new building code. It is estimated that about 30 clauses in the EBA may not comply with the code, which will apply to Kane as soon as it takes effect. In contrast, some 1,500 firms that have signed the EBA will not have to comply with the code until 2018. The protected strike action at 13 of Kane’s construction sites in Victoria will commence on 2 December 2016.

CORPORATES
KANE CONSTRUCTIONS PTY LTD, CONSTRUCTION, FORESTRY, MINING AND ENERGY UNION OF AUSTRALIA, AUSTRALIAN BUILDING AND CONSTRUCTION COMMISSION, MASTER BUILDERS AUSTRALIA INCORPORATED, AUSTRALIA. DEPT OF EMPLOYMENT, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, AUSTRALIAN GREENS, BRICKWORKS LIMITED – ASX BKW

Turnbull to mount fresh IR push in 2017

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Original article by Phillip Coorey
The Australian Financial Review – Page: 1 & 4 : 2-Dec-16

Employment Minister Michaelia Cash has advised that the Federal Government proposes further industrial relations reform in 2017, after the Senate passed a bill to reinstate the Australian Building & Construction Commission. The Government intends to implement more of the recommendations made by the trade unions royal commission, as well as the Productivity Commission’s review of the industrial relations system. Opposition Leader Bill Shorten says the Australian Labor Party will abolish the ABCC if it wins the next election.

CORPORATES
AUSTRALIA. DEPT OF EMPLOYMENT, AUSTRALIAN BUILDING AND CONSTRUCTION COMMISSION, AUSTRALIA. ROYAL COMMISSION INTO TRADE UNION GOVERNANCE AND CORRUPTION, AUSTRALIA. PRODUCTIVITY COMMISSION, AUSTRALIAN LABOR PARTY, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, CONSTRUCTION, FORESTRY, MINING AND ENERGY UNION OF AUSTRALIA, AUSTRALIAN GREENS, AUSTRALIA. FAIR WORK COMMISSION, AUSTRALIA. DEPT OF THE TREASURY

Perennial pair target ‘unloved, undervalued’ bunch of five

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Original article by Jonathan Shapiro
The Australian Financial Review – Page: 17 & 31 : 2-Dec-16

Value investing has fallen out of favour in recent years, but the August 2016 reporting season was a catalyst for renewed interest in value stocks. Stephen Bruce, a portfolio manager at Perennial, says stocks that have been dubbed "expensive defensives" began to be sold down in the wake of the reporting season, while value stocks received support due to financial results that were better than expected. Bruce and colleague John Murray identify BHP Billiton, QBE Insurance Group, AMP, Lend Lease and Macquarie Group as their top picks among value stocks.

CORPORATES
PERENNIAL VALUE MANAGEMENT LIMITED, BHP BILLITON LIMITED – ASX BHP, QBE INSURANCE GROUP LIMITED – ASX QBE, AMP LIMITED – ASX AMP, LEND LEASE GROUP LIMITED – ASX LLC, MACQUARIE GROUP LIMITED – ASX MQG, CSL LIMITED – ASX CSL, TRANSURBAN GROUP LIMITED – ASX TCL

The festive spirit(s): not everyone will be drinking beer and sparkly this silly season

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Original article by Roy Morgan Research
Market Research Update – Page: Online : 2-Dec-16

A Roy Morgan Single Source survey has found that 69.6% of Australians aged 18+ consumed alcohol in any given four-week period in the year to September 2016, as they did in 2012. The survey also shows that 44.5% (or almost 8.3 million people) drink wine in an average four weeks, followed by beer (38.5%/over 7.1 million). Spirits are the third-most popular type of liquor, drunk by 26.2% of Australian adults (or nearly five million people). Analysis by gender shows that 31.6% of men and 20.9% of women consume spirits in any given four weeks. However, whisky, bourbon/American whiskey and rum are more popular with men, while vodka and gin are more popular with women. Meanwhile, 37% of Australians aged 18-24 drink spirits in an average four weeks, compared with just 21.4% of those aged 50+.

CORPORATES
ROY MORGAN RESEARCH LIMITED

News Corp takes full control of Sky News

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Original article by Darren Davidson
The Australian – Page: 21 : 2-Dec-16

News Corp Australia is believed to have paid about $A20m for Australian News Channel, which owns Sky News. The media giant has been in talks with ACN owners Seven West Media, Nine Entertainment Company and Sky plc since 2015. News Corp Australia executive chairman Michael Miller says the deal brings together two of the nation’s "strongest and most credentialed" providers of news media. He has flagged increased investment in content and quality journalism at Sky.

CORPORATES
NEWS CORP AUSTRALIA PTY LTD, NEWS CORPORATION – ASX NWS, SKY NEWS, AUSTRALIAN NEWS CHANNEL PTY LTD, SEVEN WEST MEDIA LIMITED – ASX SWM, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, SKY PLC, FOXTEL MANAGEMENT PTY LTD, 21ST CENTURY FOX INCORPORATED

Gary Morgan’s comment on Australia’s worrying State-based unemployment picture

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Original article by Gary Morgan, Roy Morgan Research
Market Research Update – Page: Online : 2-Dec-16

One clear political impact of the worsening employment situation is the rise of regional parties around Australia. In particular we have the rise of the Nick Xenophon Team (NXT) in South Australia (three Senators and one Lower House MP), the return of One Nation – primarily in Queensland, but also strong in Western Australia and regional New South Wales (four Senators around Australia), the popularity of Senator Jacqui Lambie and the Jacqui Lambie Network in Tasmania and even the election of Senator Derryn Hinch in Victoria. To overcome the popularity of regional parties Prime Minister Malcolm Turnbull and the L-NP Government must concentrate more on the regional problems of high and rising unemployment and under-employment with policies prioritising job creation and a growing economy.

CORPORATES
ROY MORGAN RESEARCH LIMITED, NICK XENOPHON TEAM, ONE NATION PARTY, JACQUI LAMBIE NETWORK, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, LIBERAL PARTY OF AUSTRALIA, NATIONAL PARTY OF AUSTRALIA