Author: roymorgansocial

Finals fever part 2: Storm and Sharks fans compared

roymorgansocial Leave a comment

Original article by Roy Morgan Research
Market Research Update – Page: online : 29-Sep-16

A Roy Morgan Single Source survey has found that Melbourne Storm and Cronulla Sharks have very different-sized fan bases. As of June 2016, Melbourne Storm was the second-most popular team in the National Rugby League (after the Brisbane Broncos), with 836,000 supporters – no less than 15.1% of total NRL fans. In contrast, the Sharks’ 202,000 supporters account for 3.7% of the League’s total fans. While it is relatively small, the Sharks fan base is noteworthy for being composed of more women than men. Almost 65% of Sharks supporters are female. On the other hand, nearly 61% of Storm fans are men.

CORPORATES
ROY MORGAN RESEARCH LIMITED, NATIONAL RUGBY LEAGUE, MELBOURNE STORM RUGBY LEAGUE CLUB LIMITED, CRONULLA SHARKS, BRISBANE BRONCOS RUGBY LEAGUE CLUB LIMITED

NAB pays out $6.5m for poor advice

roymorgansocial Leave a comment

Original article by Michael Roddan
The Australian – Page: 23 : 29-Sep-16

National Australia Bank has revealed that it paid $A6.5 million in compensation to customers who received poor financial advice over the past 18 months. NAB’s head of consumer banking and wealth management, Andrew Hagger, said a significant investment had been made in the bank’s complaints resolution system. The Commonwealth Bank has stated that a third of its compensation scheme was completed in June 2016.

CORPORATES
NATIONAL AUSTRALIA BANK LIMITED – ASX NAB, COMMONWEALTH BANK OF AUSTRALIA – ASX CBA, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ, WESTPAC BANKING CORPORATION – ASX WBC, AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION

We kick out 15 per cent of tenants: Scentre CEO

roymorgansocial Leave a comment

Original article by Larry Schlesinger
The Australian Financial Review – Page: 12 : 29-Sep-16

Scentre Group recognises the importance of data analytics in managing tenancies. CEO Peter Allen told The "Australian Financial Review" Retail Summit in Melbourne on 28 September 2016 that 15 per cent of its tenants leave shopping centres when their leases expire. They are either unable to fulfil Scentre’s requirements or cannot afford the rent.

CORPORATES
SCENTRE GROUP – ASX SCG, MYER HOLDINGS LIMITED – ASX MYR, DAVID JONES LIMITED

Extra tax perks to boost R&D

roymorgansocial Leave a comment

Original article by Michael Bailey, Joanna Mather
The Australian Financial Review – Page: 1 & 6 : 29-Sep-16

The Federal Government wants to encourage large companies to be more technologically innovative. The existing research and development scheme was reviewed by Innovation Australia chairman Bill Ferris, chief scientist Alan Finkel and Treasury Secretary John Fraser, who recommended doubling the value of tax breaks for large companies to a maximum of $A17 million a year. They also proposed an annual cap of $A2 million on cash claims by smaller companies.

CORPORATES
INNOVATION AUSTRALIA, AUSTRALIA. DEPT OF THE TREASURY, AUSTRALIA. OFFICE OF THE CHIEF SCIENTIST, DULUXGROUP LIMITED – ASX DLX, CSIRO

Morrison says lower backpacker tax is competitive

roymorgansocial Leave a comment

Original article by Laura Tingle
The Australian Financial Review – Page: 8 : 29-Sep-16

Treasurer Scott Morrison has rejected criticism of the tax treatment of non-resident income. Faced with opposition from tourism operators and farmers to the original proposal of a 32.5 per cent backpackers tax rate, the Government has reduced it to 19 per cent. However, at the same time it has proposed raising the passenger departure tax by $A5. Morrison said the new tax will not make Australia less attractive to backpackers than New Zealand, the UK and Canada.

CORPORATES
AUSTRALIA. DEPT OF THE TREASURY, AUSTRALIAN LABOR PARTY

BHP Coal ordered to reinstate miner after scab comment

roymorgansocial Leave a comment

Original article by Ewin Hannan
The Australian – Page: 8 : 29-Sep-16

The Fair Work Commission has ruled that BHP Billiton’s coal division must reinstate an employee at its Saraji mine in Queensland, who was sacked for using the word "scab". A mine manager had argued that the use of the word "scab" was much worse in the industrial relations context than using certain swear words in the workplace.

CORPORATES
BHP BILLITON LIMITED – ASX BHP, AUSTRALIA. FAIR WORK COMMISSION

Booming gold sector powers Barminco profit

roymorgansocial Leave a comment

Original article by Paul Garvey
The Australian – Page: 22 : 29-Sep-16

Unlisted mining services group Barminco has posted a net profit of $A42.4m for 2015-16, compared with a net loss of $A48.4m previously, while EBIT rose from $A43.6 million to $A57m. Barminco now boasts debt of just $US306m after repaying some $US79.8m ($104m) during fiscal 2016. The group has benefited from its strong presence in the gold sector, which accounts for more than 50 per cent of its contracts.

CORPORATES
BARMINCO PTY LTD, GRESHAM PRIVATE EQUITY LIMITED, NORTHERN STAR RESOURCES LIMITED – ASX NST

Real estate group retreats on ad rate bargaining

roymorgansocial Leave a comment

Original article by Darren Davidson
The Australian – Page: 21 : 29-Sep-16

The Australian Competition & Consumer Commission recently blocked a proposal by Property Media Group to engage in collective bargaining with REA Group and Domain regarding advertising rates for property listings. Property Media Group, which comprises a consortium of 170 real estate agents, has agreed to withdraw its proposal in response to the ACCC’s draft determination in late August. REA Group CEO Tracey Fellows says the listed group supports the ACCC’s ruling.

CORPORATES
REA GROUP LIMITED – ASX REA, DOMAIN.COM.AU, FAIRFAX MEDIA LIMITED – ASX FXJ, PROPERTY MEDIA GROUP, AUSTRALIAN COMPETITION AND CONSUMER COMMISSION, NEWS CORP AUSTRALIA PTY LTD, NEWS CORPORATION – ASX NWS

Huawei patrol: has the AFL and NRL’s only mobile handset sponsor backed the right teams?

roymorgansocial Leave a comment

Original article by Roy Morgan Research
Market Research Update – Page: Online : 29-Sep-16

A Roy Morgan Single Source survey has found that over four million Australians aged 14+ (21 per cent) plan to buy a new mobile phone in the next 12 months. The survey, which was carried out in the year to June 2016, also shows that 23 per cent of AFL and NRL club supporters intend to buy a new handset in the next 12 months. Huawei is currently the only handset maker that is a sponsor of an AFL or NRL team. Huawei is a major sponsor of the Canberra Raiders, and 24 per cent of the NRL team’s supporters intend to buy a new handset in the next 12 months. However, Raiders fans are almost 20 per cent less likely than average to want one of the two dominant handset brands, the Apple iPhone or Samsung Galaxy. Huawei is also a technology and ball partner of the Gold Coast Suns, and 34 per cent of the AFL team’s fans are in the market for a new mobile phone, while they also more likely to have their hearts set on an Apple iPhone.

CORPORATES
ROY MORGAN RESEARCH LIMITED, AUSTRALIAN FOOTBALL LEAGUE, NATIONAL RUGBY LEAGUE, HUAWEI TECHNOLOGIES COMPANY LIMITED, CANBERRA RAIDERS, GOLD COAST FOOTBALL CLUB LIMITED, APPLE INCORPORATED, SAMSUNG ELECTRONICS COMPANY LIMITED, NEW ZEALAND WARRIORS LIMITED, MANLY WARRINGAH DISTRICT RUGBY LEAGUE FOOTBALL CLUB, SYDNEY ROOSTERS RUGBY LEAGUE FOOTBALL, GOLD COAST TITANS, MELBOURNE FOOTBALL CLUB, ST KILDA FOOTBALL CLUB, CARLTON FOOTBALL CLUB, ADELAIDE CROWS FOOTBALL CLUB

Finals fever: Bulldogs and Swans fans compared

roymorgansocial Leave a comment

Original article by Roy Morgan Research
Market Research Update – Page: Online : 29-Sep-16

A Roy Morgan Single Source survey has found that AFL grand finalist the Western Bulldogs has the league’s most gender-balanced fan base: 49.9 per cent are men and 50.1 per cent are women. In contrast, 58.4 per cent of Sydney Swans supporters are men and 41.6 per cent are women. The survey, which was carried out in the year to June 2016, also shows that Swans supporters have a mean age of 47 years, compared with 44 years for Western Bulldogs fans. Meanwhile, a slightly higher proportion of Bulldogs supporters are aged 65 and older (19.2 per cent vs 18.4 per cent). Overall, the Swans boast 1.1 million supporters (14.5 per cent of the country’s AFL supporters), while the Western Bulldogs have 249,000 supporters (3.3 per cent of all AFL fans).

CORPORATES
ROY MORGAN RESEARCH LIMITED, AUSTRALIAN FOOTBALL LEAGUE, WESTERN BULLDOGS FOOTBALL CLUB, SYDNEY SWANS FOOTBALL CLUB