Author: roymorgansocial

Nexus users are gaga for Google – will Pixel be the all-in-one Google box for the mainstream?

roymorgansocial Leave a comment

Original article by Roy Morgan Research
Market Research Update – Page: Online : 10-Oct-16

A Roy Morgan Single Source survey has found that 115,000 Australians aged 14+ own a Google Nexus smartphone. The survey, which was carried out in the year to June 2016, also shows that Nexus owners are more likely than users of any other smartphone brand to access other Google products in an average four weeks. Just about all Nexus owners use Google Search, compared with 93 per cent of other smartphone owners. Meanwhile, 95 per cent of Nexus owners visit Google-owned YouTube in an average four weeks (compared with 80 per cent of other smartphone users), 83 per cent use Google Maps (vs 65 per cent), and 72 per cent use Gmail (vs 43 per cent). Roy Morgan’s Technology Adoption Segments finds that almost four in 10 Nexus owners are Technology Early Adopters – more, by far, than users of any other handset brand.

CORPORATES
ROY MORGAN RESEARCH LIMITED, GOOGLE INCORPORATED, YOUTUBE INCORPORATED, APPLE INCORPORATED, SAMSUNG ELECTRONICS COMPANY LIMITED, HTC CORPORATION, SONY CORPORATION, LG ELECTRONICS INCORPORATED, MOTOROLA INCORPORATED, NOKIA OY AB, HUAWEI TECHNOLOGIES COMPANY LIMITED, TELSTRA CORPORATION LIMITED – ASX TLS

Over 300,000 mortgage holders have no real equity in their homes

roymorgansocial Leave a comment

Original article by Roy Morgan Research
Market Research Update – Page: Online : 7-Oct-16

Roy Morgan Research’s "State of the Nation – Spotlight on Finance Risk" report shows that 6.8 per cent (311,000) of mortgage holders in Australia have little or no real equity in their home. This is based on the fact that the value of their home is only equal to or less than the amount they still owe, placing them at considerable risk if they have to sell or prices decline. The report, which uses data from the Roy Morgan Single Source Survey, also shows that Western Australia has the highest proportion of mortgage holders with little or no equity in their home, at 9.2 per cent (53,000), followed by Queensland with 7.5 per cent (68,000). New South Wales has the lowest proportion of mortgage holders with little or no equity in their home, at only 5.1 per cent (73,000).

CORPORATES
ROY MORGAN RESEARCH LIMITED

Car industry stalls despite taxpayers fuelling spluttering makes and models

roymorgansocial Leave a comment

Original article by Joshua Dowling
The Advertiser – Page: 4 : 7-Oct-16

New figures highlight the cost to taxpayers of the Federal Government’s efforts to prop up Australia’s ailing car industry. Ford Australia received $A42m in funding via the Green Car Innovation Fund, which means taxpayers effectively subsidised each four-cylinder Falcon to the tune of $A7,000. Likewise, GM Holden received $A179m in funding, which equates to a $A1,418 taxpayer subsidy for every Cruze small car. Ford will end 91 years of local production on 7 October 2016, while Holden and Toyota will cease production by the end of 2017.

CORPORATES
FORD MOTOR COMPANY AUSTRALIA LIMITEDGM HOLDEN LIMITEDTOYOTA MOTOR CORPORATION AUSTRALIA LIMITEDAUSTRALIA. GREEN CAR INNOVATION FUNDGENERAL MOTORS CORPORATIONPONTIAC

$41bn blow from green power push

roymorgansocial Leave a comment

Original article by David Crowe
The Australian – Page: 1 & 6 : 7-Oct-16

Preliminary figures produced by the federal Department of Environment & Energy show that Queensland would require capital investment of $A27bn to meet the state government’s renewable energy target. Victoria would need to invest some $A14bn in additional renewable energy capacity to achieve its target. Federal Energy Minister Josh Frydenberg says the states should instead adopt the federal government’s target for 23.4 per cent of electric power to be derived from renewables by 2020. Renewables and energy security will be on the agenda of a meeting of state and federal energy ministers on 7 October 2016.

CORPORATES
AUSTRALIA. DEPT OF THE ENVIRONMENT AND ENERGYAUSTRALIAN ENERGY MARKET OPERATOR LIMITEDACIL ALLEN CONSULTING PTY LTDAUSTRALIAN LABOR PARTYVICTORIA. DEPT OF ENVIRONMENT, LAND, WATER AND PLANNINGTASMANIA. DEPT OF INFRASTRUCTURE, ENERGY AND RESOURCESFRONTIER ECONOMICS PTY LTDVICTORIA. DEPT OF PREMIER AND CABINETQUEENSLAND. DEPT OF THE PREMIER AND CABINETSOUTH AUSTRALIA. DEPT OF THE PREMIER AND CABINETAUSNET SERVICES LIMITED – ASX ASTCSIROAUSTRALIAN ENERGY MARKET COMMISSION

Bank execs could cop it over failures

roymorgansocial Leave a comment

Original article by James EyersJoanna Mather
The Australian Financial Review – Page: 1 & 4 : 7-Oct-16

The Australian Government could introduce legislation to increase the accountability of senior bank executives for the misconduct of their staff. Liberal MP David Coleman, who chairs the parliamentary committee that has grilled the "big four" bank CEOs, notes that the proceedings have heightened the perception that senior personnel have no accountability for scandals in the sector. Labor MP Matt Keogh has suggested that Australia could consider laws based on the so-called "senior managers regime" in the UK.

CORPORATES
AUSTRALIA. HOUSE OF REPRESENTATIVES STANDING COMMITTEE ON ECONOMICS, FINANCE AND PUBLIC ADMINISTRATIONLIBERAL PARTY OF AUSTRALIAAUSTRALIAN LABOR PARTYNATIONAL AUSTRALIA BANK LIMITED – ASX NABCOMMONWEALTH BANK OF AUSTRALIA – ASX CBAAUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZWESTPAC BANKING CORPORATION – ASX WBCAUSTRALIAN GREENSAUSTRALIAN BANKERS’ ASSOCIATIONAUSTRALIAN PUBLIC SERVICE COMMISSION

Morrison spruiks ‘strong banks’

roymorgansocial Leave a comment

Original article by John Kehoe
The Australian Financial Review – Page: 1 & 12 : 7-Oct-16

Federal Treasurer Scott Morrison has addressed the American Australian Association during a visit to the US. He stressed the need for banks to be profitable, financially strong and well-regulated, and warned that jobs in the sector would be at risk if Australia’s strong banking system were to be undermined. Morrison has also highlighted the importance of the banking industry in attracting offshore capital. He has also told ratings agency S&P Global that Australia boasts stronger economic growth and lower debt than other countries with a triple-A credit rating.

CORPORATES
AUSTRALIA. DEPT OF THE TREASURYSTANDARD AND POOR’S CORPORATIONAMERICAN AUSTRALIAN ASSOCIATIONAUSTRALIAN LABOR PARTYCITIBANK CORPORATIONINTERNATIONAL MONETARY FUNDNEW YORK STOCK EXCHANGEASX LIMITED – ASX ASX

Mining boss backs Grylls’ levy plan

roymorgansocial Leave a comment

Original article by Tess Ingram
The Australian Financial Review – Page: 20 : 7-Oct-16

A proposal to increase the Western Australian iron ore levy paid by BHP Billiton and Rio Tinto has received some support from former Atlas Iron MD Ken Brinsden. He says there should be public debate on the issue, noting that BHP and Rio have benefited significantly from the iron ore lease agreements that were struck in the 1950s and 1960s. He adds that other iron ore producers have state agreements with less favourable terms than those of BHP and Rio.

CORPORATES
BHP BILLITON LIMITED – ASX BHPRIO TINTO LIMITED – ASX RIOATLAS IRON LIMITED – ASX AGONATIONAL PARTY OF AUSTRALIAWESTERN AUSTRALIA. DEPT OF THE PREMIER AND CABINETFORTESCUE METALS GROUP LIMITED – ASX FMGHANCOCK PROSPECTING PTY LTDPILBARA MINERALS LIMITED – ASX PLSDAKOTA MINERALS LIMITED – ASX DKOALTURA MINING LIMITED – ASX AJMLITHIUM AUSTRALIA NL – ASX LIT

Diversity key to APN-News deal: Sims

roymorgansocial Leave a comment

Original article by Darren Davidson
The Australian – Page: 21 : 7-Oct-16

The Australian Competition & Consumer Commission will make a final decision on the sale of APN News & Media’s regional newspapers on 1 December 2016. The ACCC has signalled that factors such as the impact on "diversity of voice" and the potential for content to be aggregated will influence its decision on News Corp’s $A36.6m deal to acquire Australian Regional Media,. APN CEO Ciaran Davis says the regional newspapers may not be financially viable if the deal is rejected.

CORPORATES
APN NEWS AND MEDIA LIMITED – ASX APNAUSTRALIAN REGIONAL MEDIANEWS CORP AUSTRALIA PTY LTDNEWS CORPORATION – ASX NWSAUSTRALIAN COMPETITION AND CONSUMER COMMISSIONTHE NIELSEN COMPANY (AUSTRALIA) PTY LTDSEVEN WEST MEDIA LIMITED – ASX SWM

Active fund managers lag those lazy index-huggers

roymorgansocial Leave a comment

Original article by David RogersDaniel Palmer
The Australian – Page: 19 & 31 : 7-Oct-16

Data from S&P Dow Jones Indices shows that the returns of most Australian active fund managers have lagged their benchmark index over periods of one, three, and five years. Mid-cap and small-cap funds are the only ones to have outperformed their benchmark over these periods, according to data up to the end of June 2016. BetaShares MD Alex Vynokur notes that global themes and decisions regarding asset allocations have become a major influence on returns.

CORPORATES
S&P DOW JONES INDICES LLPBETASHARES CAPITAL LIMITEDSTANDARD AND POOR’S ASX 200 INDEXSTANDARD AND POOR’S ASX ALL ORDINARIES ACCUMULATION INDEXWILSON ASSET MANAGEMENTWAM EQUITY FUNDWATERMARK FUNDS MANAGEMENT PTY LTDWATERMARK MARKET NEUTRAL FUND LIMITED – ASX WMKANTIPODES GLOBAL INVESTMENT COMPANY LIMITED – ASX APLPENGANA CAPITAL LIMITEDPENGANA AUSTRALIAN EQUITIES FUND

Citi tips ASX to hit 6000 by end of 2017

roymorgansocial Leave a comment

Original article by Jessica Sier
The Australian Financial Review – Page: 31 : 7-Oct-16

Citigroup is bullish about the outlook for Australian equities and corporate earnings. It forecasts that the benchmark S&P/ASX 200 will gain 10 per cent over the next year or so to top the 6,000-point level by the end of 2017. Citigroup also expects the corporate sector to post earnings growth of eight per cent in 2016-17, following an 11 per cent decline in 2015-16. The firm is also upbeat about global equities, anticipating a 10 per cent rise by the end of 2017.

CORPORATES
STANDARD AND POOR’S ASX 200 INDEXCITIGROUP PTY LTDMORGAN STANLEY AUSTRALIA LIMITEDRESERVE BANK OF AUSTRALIA