Author: roymorgansocial

The clean team: Pine O Cleen, White King and Duck putting the sparkle in Aussie households

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Original article by Roy Morgan Research
Market Research Update – Page: Online : 14-Oct-16

A Roy Morgan Single Source survey has found that 74.7 per cent of Australian grocery buyers aged +14 (11.6 million people) bought at least one household cleaning product in an average six months in the year to June 2016. The survey also shows that the Pine O Cleen range of household cleaning products is purchased by 19.4 per cent of grocery buyers in an average six months, ahead of White King (17.1 per cent) and the Duck toilet cleaner brand (16.3 per cent). Meanwhile, 85.7 per cent of single parents aged 35+ and 80.1 per cent of single parents aged under 35 buy at least one household cleaning product in any given six months, compared with 76.0 per cent and 78.2 per cent respectively of their married peers. However, only 49.2 per cent of single grocery buyers aged under 35 purchase cleaning products in the same time period.

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ROY MORGAN RESEARCH LIMITED

Australia’s favourite overseas holiday destinations (and how they’ve changed)

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Original article by Roy Morgan Research
Market Research Update – Page: Online : 13-Oct-16

A Roy Morgan Single Source survey, which was carried out in the year to June 2016, has found that 10.6 per cent of Australians aged 14+ plan to go overseas on their next holiday. This compares with just 6.0 per cent in the year to June 2006. The survey also shows that 18.0 per cent of Australians with an overseas holiday on the horizon reported that they plan to go to New Zealand, down from 19.5 per cent 10 years ago. The number of people who plan to visit the US on their next holiday has risen from 14.6 per cent to 17.8 per cent, while 13.6 per cent intend to visit England (down from 20.2 per cent in 2006).

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ROY MORGAN RESEARCH LIMITED

CFA launched bid to shut down trial

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Original article by David Marin-Guzman
The Australian Financial Review – Page: 10 : 13-Oct-16

Victoria’s Country Fire Authority wants to halt a case in the Supreme Court. The case was launched by the Volunteer Fire Brigades Victoria, which argued that the CFA’s proposed enterprise agreement with the United Firefighters Union had a number of deficiencies. The CFA says the passage of the Federal Government’s CFA legislation makes the case irrelevant.

CORPORATES
VICTORIA. COUNTRY FIRE AUTHORITY, UNITED FIREFIGHTERS’ UNION OF AUSTRALIA, VOLUNTEER FIRE BRIGADES VICTORIA, SUPREME COURT OF VICTORIA

Twitter secures deal to stream Melbourne Cup

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Original article by Max Mason
The Australian Financial Review – Page: 11 : 13-Oct-16

Social media giant Twitter will stream the 2016 Melbourne Cup live to a global audience via a revenue-sharing arrangement with the Victoria Racing Club. The Seven Network will supply Twitter’s live coverage, which has attracted Sportsbet and AAMI as sponsors. Twitter has previously secured live streaming rights to some US National Football League matches, and it is keen to gain more sports broadcasting rights. Seven will also offer streaming coverage of the Melbourne Cup.

CORPORATES
TWITTER INCORPORATED, THE EMIRATES MELBOURNE CUP, SEVEN NETWORK LIMITED, SEVEN WEST MEDIA LIMITED – ASX SWM, SPORTSBET AUSTRALIA, AUSTRALIAN ASSOCIATED MOTOR INSURERS LIMITED, VICTORIA RACING CLUB LIMITED, FACEBOOK INCORPORATED, SINGTEL OPTUS PTY LTD, ENGLISH PREMIER LEAGUE, NATIONAL FOOTBALL LEAGUE, NATIONAL BASKETBALL ASSOCIATION

Property sentiment strengthens despite negatives

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Original article by Robert Harley
The Australian Financial Review – Page: 41 : 13-Oct-16

The ANZ/Property Council Survey of real estate and construction industry sentiment for the third quarter of 2016 shows an improvement of two percentage points in confidence. A net 29 per cent of property and construction executives and investors are optimistic about the prospects for the property sector over the next 12 months, compared with 27 per cent in the previous quarter. An improvement in confidence occurred in all states except Queensland and South Australia.

CORPORATES
AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ, PROPERTY COUNCIL OF AUSTRALIA LIMITED, WESTPAC BANKING CORPORATION – ASX WBC, UNIVERSITY OF MELBOURNE. INSTITUTE OF APPLIED ECONOMIC AND SOCIAL RESEARCH

Australia raises $7.6b in first 30-year bond

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Original article by Vesna Poljak
The Australian Financial Review – Page: 20 : 13-Oct-16

The inaugural issuance of 30-year Australian government bonds attracted more than $A13bn worth of bids from prospective investors. The offer was capped at $A7.6bn, and the yield on the long-dated bonds will be 3.27 per cent. This is significantly higher than equivalent bonds in the US, the UK and Japan, while financial market watchers had anticipated a yield of between 3.21 per cent and 3.28 per cent. Demand for the 30-year bonds and the limited supply is likely to result in strong activity in the aftermarket.

CORPORATES
AUSTRALIA. DEPT OF THE TREASURY. OFFICE OF FINANCIAL MANAGEMENT, QIC LIMITED, JP MORGAN AUSTRALIA LIMITED, BANK OF JAPAN, EUROPEAN CENTRAL BANK

Media bosses back to Senate

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Original article by Jake Mitchell
The Australian – Page: 22 : 13-Oct-16

The Senate’s Environment & Communications Legislation Committee will release the findings of its second inquiry into the Federal Government’s cross-media ownership reforms on 7 November 2016. The CEOs of media companies fronted the first inquiry in March and April, and they are said to have been asked to appear before the committee again on 24 October. The first inquiry recommended that Parliament should approve the reforms, although the bill was shelved due to the double-dissolution election.

CORPORATES
AUSTRALIA. SENATE STANDING COMMITTEE ON ENVIRONMENT, COMMUNICATIONS, INFORMATION TECHNOLOGY AND THE ARTS, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, SEVEN WEST MEDIA LIMITED – ASX SWM, FAIRFAX MEDIA LIMITED – ASX FXJ, SOUTHERN CROSS MEDIA GROUP LIMITED – ASX SXL, PRIME MEDIA GROUP LIMITED – ASX PRT, WIN CORPORATION PTY LTD, NSW FARMERS’ ASSOCIATION, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, LIBERAL PARTY OF AUSTRALIA, AUSTRALIAN LABOR PARTY

Livingstone named CBA chair as Turner departs

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Original article by Richard Gluyas
The Australian – Page: 21 : 13-Oct-16

The Commonwealth Bank has advised that Catherine Livingstone will succeed David Turner as the bank’s chair in early 2017. Livingstone has praised Turner’s contribution as chairman, which he has held since 2010. Brian Johnson of CLSA notes that the bank has outperformed during Turner’s time in the role, but adds that it has underperformed in 2016. He also says Livingstone’s biggest challenge is likely to be finding an eventual successor to CEO Ian Narev.

CORPORATES
COMMONWEALTH BANK OF AUSTRALIA – ASX CBA, CLSA AUSTRALIA PTY LTD, TELSTRA CORPORATION LIMITED – ASX TLS, MACQUARIE GROUP LIMITED – ASX MQG, COCHLEAR LIMITED – ASX COH, WESTPAC BANKING CORPORATION – ASX WBC, NATIONAL AUSTRALIA BANK LIMITED – ASX NAB

BHP says black lung levy not needed

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Original article by James Thomson
The Australian Financial Review – Page: 23 : 13-Oct-16

The Construction, Forestry, Mining & Energy Union has proposed compensating Queensland coal miners who have contracted black lung disease via a levy on coal output. However, BHP Billiton argues that the state’s workers’ compensation scheme is sufficient and the he levy of $A0.10 per tonne is unnecessary. Three of the resources group’s employees have contracted black lung disease, and 16 cases have been confirmed across the state’s coal mining sector since 2015.

CORPORATES
BHP BILLITON LIMITED – ASX BHP, CONSTRUCTION, FORESTRY, MINING AND ENERGY UNION OF AUSTRALIA, QUEENSLAND. DEPT OF NATURAL RESOURCES AND MINES

Commodities surge lifts outlook

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Original article by Barry FitzGerald, David Rogers, Sue Neales
The Australian – Page: 19 & 31 : 13-Oct-16

Copper and uranium are Australia’s only major resources commodity exports that have not posted strong gains in 2016. Coking and thermal coal in particular have rallied in the year to date, and Paul Bloxham of HSBC believes that the nation’s "income recession" is over. He estimates that nominal GDP could be boosted by around two per cent if the rise in coal prices is sustained, a view shared by the ANZ Bank. There has also been a big rise in the export price of beef, although drought caused Australian shipment to fall in 2015-16.

CORPORATES
HSBC AUSTRALIA HOLDINGS PTY LTD, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ, MOODY’S INVESTORS SERVICE INCORPORATED, PEABODY ENERGY AUSTRALIA COAL PTY LTD, NIPPON STEEL AND SUMITOMO METAL CORPORATION, RESERVE BANK OF AUSTRALIA, AUSTRALIA. DEPT OF THE TREASURY, RABOBANK AUSTRALIA LIMITED