Foxtel to add rival streaming services to keep customers

Original article by Max Mason
The Australian Financial Review – Page: 21 : 29-Sep-16

Foxtel CEO Peter Tonagh has confirmed that the pay-TV group’s next-generation set-top box will allow customers to access subscription video-on-demand services such as Netflix and Stan. Foxtel competitor Fetch TV also provides access to SVOD services via its set-top box. Tonagh has also indicated that the cost of Foxtel Play packages will be reduced, and subscribers will be able to access Foxtel’s premium sports and movie content via the streaming service.

CORPORATES
FOXTEL MANAGEMENT PTY LTD, FOXTEL PLAY, NETFLIX INCORPORATED, STAN ENTERTAINMENT PTY LTD, PRESTO ENTERTAINMENT PTY LTD, FETCHTV PTY LTD, OZTAM PTY LTD, AMERICAN CHAMBER OF COMMERCE IN AUSTRALIA

1 in 15 AFL and NRL Grand Final viewers could be betting on the outcome

Original article by Roy Morgan Research
Market Research Update – Page: Online : 28-Sep-16

A Roy Morgan Single Source survey has found that 602,000 Australians aged 18+ (3.3 per cent) placed bets on AFL or NRL games during the year to June 2016, up from 520,000 (2.9 per cent) in the year to June 2013. Some 409,000 Australians bet on AFL matches in the last year, and 70 per cent used a website or app to place their most recent bet on the sport, up from 48 per cent three years ago. Meanwhile, some 306,000 Australians placed a bet on an NRL match in the last 12 months, with the proportion who did so online rising from 38 per cent in 2013 to 62 per cent.

CORPORATES
ROY MORGAN RESEARCH LIMITED, AUSTRALIAN FOOTBALL LEAGUE, NATIONAL RUGBY LEAGUE

Miners left reeling as Philippines suspend three-quarters of mines

Original article by Peter Ker
The Australian Financial Review – Page: 13 : 28-Sep-16

Shares in OceanaGold were suspended from trading on 27 September 2016. The stock had fallen in response to reports that its Didipio mine in the Philippines may be one of 20 that could be forced to halt production after failing an environmental audit. OceanaGold has advised the market that the mine is still operating and the company has not received any formal communication from the Philippines Government regarding the status of the mine. Just 25 per cent of the mines in the Philippines are believed to have passed the audit.

CORPORATES
OCEANAGOLD CORPORATION – ASX OGC, RED 5 LIMITED – ASX RED, WESTERN AREAS LIMITED – ASX WSA, INDEPENDENCE GROUP NL – ASX IGO, PANORAMIC RESOURCES LIMITED – ASX PAN

ANZ-Roy Morgan Australian Consumer Confidence jumps 4.4% (5.1pts) to 120.6

Original article by Roy Morgan Research
Market Research Update – Page: Online : 28-Sep-16

ANZ-Roy Morgan Australian Consumer Confidence rose by 4.4 per cent to 120.6 in the week ended 25 September 2016, more than offsetting the previous week’s decline. The improvement in confidence was broadly based. Consumers’ views towards their current and future finances rose by 5.4 per cent and 4.0 per cent respectively. Households’ views of the 12-month economic outlook rose by 6.0 per cent, while views of the five-year economic outlook improved by 3.6 per cent.

CORPORATES
ROY MORGAN RESEARCH LIMITED, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ

How popular are customer loyalty programs really?

Original article by Roy Morgan Research
Market Research Update – Page: Online : 28-Sep-16

A Roy Morgan Single Source survey has found that 71 per cent of Australians aged 14+ are members of at least one store loyalty program. The survey, which was carried out in the six months to June 2016, also shows that 49 per cent of Australians are members of Woolworths Rewards, ahead of FlyBuys (45 per cent) and MyerOne (21 per cent). Meanwhile, 78.2 per cent of people who shop at Woolworths/Safeway in any given four weeks are members of the Woolworths Rewards program, as are 61.8 per cent of people who shop at Woolworths-owned BWS. Similarly, FlyBuys members comprise a resounding majority of Coles customers (69.2 per cent), as well as over half of all shoppers at FlyBuys partners Liquorland (61.0 per cent), Kmart (54.4 per cent), Target (54.3 per cent) and First Choice Liquor (53.6 per cent).

CORPORATES
ROY MORGAN RESEARCH LIMITED, WOOLWORTHS REWARDS, FLYBUYS, WOOLWORTHS LIMITED – ASX WOW, BWS – BEER WINE SPIRITS, COLES SUPERMARKETS AUSTRALIA PTY LTD, LIQUORLAND (AUSTRALIA) PTY LTD, KMART AUSTRALIA LIMITED, TARGET AUSTRALIA PTY LTD, FIRST CHOICE LIQUOR SUPERSTORE, MYER HOLDINGS LIMITED – ASX MYR, PRICELINE PTY LTD, MILLERS, DAN MURPHY’S

National Party support is at lowest level since before election; now behind potential Labour/ Greens Alliance

Original article by Roy Morgan Research
Morgan Poll Update – Page: Online : 28-Sep-16

A New Zealand Roy Morgan Poll on voting intention has found that support for the ruling National Party has fallen by 4.5 per cent to 41.5 per cent in September 2016, which is its lowest level since September 2013. The poll also shows that support for a potential Labour/Greens alliance has risen by 5.5 per cent to 45.5 per cent, while the NZ Roy Morgan Government Confidence Rating has fallen by 10.5 points to 117 points. Roy Morgan Research executive chairman Gary Morgan says that if the poll result were repeated at the 2017 election, NZ First leader Winston Peters would be in a position to determine the nation’s next government and prime minister, despite a slight fall in support for the party in the latest poll.

CORPORATES
ROY MORGAN RESEARCH LIMITED, NATIONAL PARTY OF NEW ZEALAND, LABOUR PARTY (NEW ZEALAND), GREEN PARTY OF AOTEAROA NEW ZEALAND, NEW ZEALAND FIRST PARTY, CONSERVATIVE PARTY OF NEW ZEALAND, THE MAORI PARTY, ACT NEW ZEALAND, INTERNET PARTY, MANA PARTY, UNITED FUTURE PARTY (NEW ZEALAND)

Tourism slams departure tax slug

Original article by Laura Tingle
The Australian Financial Review – Page: 1 & 4 : 28-Sep-16

Treasurer Scott Morrison says reducing the proposed backpacker tax from 32.25 per cent to 19 per cent will enhance Australia’s ability to compete with other countries that are popular with people on working holidays. The Federal Government will also reduce the application fee for working holiday visas in a bid to arrest a decline in such visas in recent years. The Tourism & Transport Forum has welcomed the move to reduce the backpacker tax, but it has criticised a proposed $A5 increase in the departure tax on outbound travellers.

CORPORATES
AUSTRALIA. DEPT OF THE TREASURY, TTF AUSTRALIA LIMITED TOURISM AND TRANSPORT FORUM, TOURISM AUSTRALIA PTY LTD, AUSTRALIAN CHAMBER OF COMMERCE AND INDUSTRY, AUSTRALIAN TAXATION OFFICE, AUSTRALIAN LABOR PARTY, AUSTRALIA. DEPT OF AGRICULTURE AND WATER RESOURCES, NATIONAL PARTY OF AUSTRALIA

Free-to-air TV bosses strengthen calls for licence fee cuts

Original article by Max Mason
The Australian Financial Review – Page: 2 : 28-Sep-16

The Australian Government’s May 2016 Budget included a 25 per cent reduction in TV broadcasting licence fees. Nine Entertainment Company’s submission to a Senate inquiry into the media reform bill has argued that a further reduction in licence fees should have priority over changes to cross-media ownership rules. The Ten Network noted in its submission that Australia’s broadcasting licence fees are still the highest in the world, while News Corp Australia called for broader media reform and changes to the anti-siphoning list for sports broadcasts.

CORPORATES
NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, TEN NETWORK HOLDINGS LIMITED – ASX TEN, NEWS CORP AUSTRALIA PTY LTD, NEWS CORPORATION – ASX NWS

Flexible labour laws saved jobs, says RBA

Original article by Ewin Hannan
The Australian – Page: 1 & 6 : 28-Sep-16

The Reserve Bank of Australia has released a discussion paper which concludes that labour market reforms such as putting a greater emphasis on enterprise bargaining may have reduced the impact of recent downturns in the economy. The paper’s authors suggest that more flexible workplace laws may have encouraged companies to reduce employees’ working hours in response to weaker economic growth – such as during the global financial crisis – instead of retrenching staff.

CORPORATES
RESERVE BANK OF AUSTRALIA, AUSTRALIAN LABOR PARTY

Sydney at risk of housing bubble: UBS report

Original article by Su-Lin Tan
The Australian Financial Review – Page: 3 : 28-Sep-16

UBS Wealth Management has released a report which concludes that of 18 cities worldwide, Vancouver is the most at risk of a residential property bubble. The UBS Global Real Estate Bubble Index report also notes that the risk of a housing bubble in Sydney has increased significantly since 2012, when it was rated the least risky city in the Asia-Pacific region. Stockholm, Munich, San Francisco, Tokyo and Paris are also among the cities that are considered to have a high risk of a housing bubble.

CORPORATES
UBS WEALTH MANAGEMENT