Author: roymorgansocial

Supercars are now the third highest rating sport on Fox Sports

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Original article by John Stensholt
The Australian Financial Review – Page: 27 : 12-Sep-16

Ratings for Fox Sports’ coverage of the 2016 Supercars series are 36 per cent higher than at the same time in 2015. The Supercars now rank behind the National Rugby League and the Australian Football League as the most popular sport on the pay-TV channel. Supercars CEO James Warburton also notes that there has been an 80 per cent increase in the number of videos that are viewed on the Supercars website. The Ten Network broadcasts six Supercars races each year.

CORPORATES
V8 SUPERCARS AUSTRALIA PTY LTD, FOX SPORTS AUSTRALIA PTY LTD, TEN NETWORK HOLDINGS LIMITED – ASX TEN, NATIONAL RUGBY LEAGUE, AUSTRALIAN FOOTBALL LEAGUE, THE A LEAGUE PTY LTD, SUPER RUGBY, VOLVO CAR AUSTRALIA PTY LTD, VOLVO DEALERS COUNCIL

More Australians now have SVOD than Foxtel

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Original article by Roy Morgan Research
Market Research Update – Page: Online : 9-Sep-16

A Roy Morgan Single Source survey has found that 50 per cent of Australians aged 14+ (9.8 million) had access to one or more types of paid TV services in their home in the six months to August 2016. The survey also shows that 28 per cent of Australians (5,595,000 people) have Subscription Video on Demand, while 27 per cent (5,309,000) have linear pay-TV. The bulk of SVOD’s growth is attributable to Netflix, but other services can now be found in the homes of around 1.4 million Australians. However, over 60 per cent of these subscribers also have Netflix.

CORPORATES
ROY MORGAN RESEARCH LIMITED, FOXTEL MANAGEMENT PTY LTD, NETFLIX INCORPORATED, STAN ENTERTAINMENT PTY LTD, PRESTO ENTERTAINMENT PTY LTD, QUICKFLIX LIMITED – ASX QFX, YOUTUBE RED, FOXTEL PLAY, FETCHTV PTY LTD

Long holidays not an option for most Australians

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Original article by Roy Morgan Research
Market Research Update – Page: Online : 9-Sep-16

A Roy Morgan Single Source survey has found that of the 13.8 million Australians aged 14+ who took at least one holiday in the past year, more than 45 per cent were away for just three or less nights on their last trip. In contrast, just 4.1 per cent took off for a month or more. Holidays of between four and seven nights accounted for 15 per cent of travellers, while 12.9 per cent were away for between eight and 14 nights. From there, numbers drop dramatically, with just 4.7 per cent taking a holiday of 15-21 nights and 3.3 per cent enjoying a longer trip of 22-30 nights. Overall, the average length of a holiday taken by Australians in the 12 months to June 2016 was 8.5 nights.

CORPORATES
ROY MORGAN RESEARCH LIMITED

Now ‘too close to call’ in New South Wales as Baird support slips while ALP has slight lead in Western Australia and a clear lead in Victoria

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Original article by Roy Morgan Research
Morgan Poll Update – Page: Online : 9-Sep-16

In NSW the Baird Government has now lost its strong lead: L-NP 50.5% (down 3%) cf. ALP 49.5% (up 3%) and in WA the Mark McGowan-led ALP Opposition now has the lead heading towards next year’s WA State Election: ALP 51% (up 2%) cf. L-NP 49% (down 2%). In Victoria support for the Andrews Government is virtually unchanged with two-party support: ALP 55.5% cf. L-NP 44.5% while in Queensland support for the ALP 50% (unchanged) is level with the L-NP 50% (unchanged). This SMS Morgan Poll on State voting intention was conducted in August with a representative cross-section of 5,490 Australian electors.

CORPORATES
MORGAN POLL, ROY MORGAN RESEARCH LIMITED

Ombudsman wary of tribunal

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Original article by Sally Rose
The Australian Financial Review – Page: 21 : 9-Sep-16

The Financial Ombudsman Service’s chief ombudsman Shane Tregillis has spoken against a proposal to set up a new banking tribunal. He believes that such a tribunal would make the dispute resolution system more adversarial and legalistic. Tregillis has suggested that the proposal should be examined by the independent panel led by Ian Ramsay which will conduct a review of the financial services sector’s dispute resolution and complaints system.

CORPORATES
FINANCIAL OMBUDSMAN SERVICE LIMITED, CREDIT AND INVESTMENTS OMBUDSMAN, AUSTRALIA. DEPT OF THE TREASURY, AUSTRALIA. SUPERANNUATION COMPLAINTS TRIBUNAL, FINANCIAL PLANNING ASSOCIATION OF AUSTRALIA LIMITED, AUSTRALIAN BANKERS’ ASSOCIATION

Savvy mine buyers benefit from coal price lift

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Original article by Peter Ker
The Australian Financial Review – Page: 27 : 9-Sep-16

The price of coking coal has risen 47 per cent in the last month, and 105 per cent so far in 2016. Macquarie Group notes that only 510,000 tonnes of coking coal has been traded via the globalCOAL platform in the last month, and it says the low volumes have been a major driver of the spot price in recent weeks. The spot price is currently significantly higher than the contract price, which has benefited major spot price traders such as BHP Billiton.

CORPORATES
MACQUARIE GROUP LIMITED – ASX MQG, BHP BILLITON LIMITED – ASX BHP, GLOBAL COAL LIMITED, STANMORE COAL LIMITED – ASX SMR, VALE SA, TAURUS FUNDS MANAGEMENT PTY LTD, ANGLO AMERICAN PLC, AUSTRALIAN PACIFIC COAL LIMITED – ASX AQC, COLONIAL FIRST STATE GLOBAL ASSET MANAGEMENT

Turnbull suggests foreign donor ban

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Original article by Primrose Riordan
The Australian Financial Review – Page: 5 : 9-Sep-16

Prime Minister Malcolm Turnbull has suggested allowing only those who are eligible to vote to make political donations. The issue of political donations gained national prominence after revelations that Australian Labor Party senator Sam Dastyari accepted payments from Chinese-backed companies. The Liberal Party of Australia wants the Joint Standing Committee on Electoral Matters to suggest appropriate changes, but the Opposition says the matter is urgent.

CORPORATES
AUSTRALIAN LABOR PARTY, LIBERAL PARTY OF AUSTRALIA, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, FORTESCUE METALS GROUP LIMITED – ASX FMG

Supervision the best defence, urges RBA

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Original article by Michael Bennet
The Australian – Page: 19 & 23 : 9-Sep-16

Philip Lowe says that thorough supervision of banks is the best way to safeguard against a financial crisis, and he argues that regulatory reforms alone are insufficient. Lowe will shortly succeed Glenn Stevens as Reserve Bank of Australia governor. The banking sector has been subject to greater scrutiny by the Australian Prudential Regulation Authority in recent years, while they are expected to face further regulatory requirements when the so-called Basel IV reforms are finalised by the Basel Committee on Banking Supervision.

CORPORATES
RESERVE BANK OF AUSTRALIA, AUSTRALIAN PRUDENTIAL REGULATION AUTHORITY, BANK FOR INTERNATIONAL SETTLEMENTS. BASEL COMMITTEE ON BANKING SUPERVISION, KPMG AUSTRALIA PTY LTD, GROUP OF TWENTY (G-20), UBS HOLDINGS PTY LTD, COMMONWEALTH BANK OF AUSTRALIA – ASX CBA, WESTPAC BANKING CORPORATION – ASX WBC, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ, NATIONAL AUSTRALIA BANK LIMITED – ASX NAB

Westpac refunds $20m over credit card transaction fees

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Original article by Clancy Yeates
The Age – Page: 21 : 9-Sep-16

Some 820,000 credit card customers of Westpac will be reimbursed after being charged foreign transaction fees on purchases via offshore merchants that were made in Australian dollars. The banking major has issued about $A20m worth of refunds after the Australian Securities & Investments Commission found that it had neglected to inform customers that such transactions would attract a so-called "foreign transaction fee". Westpac has also updated its terms and conditions.

CORPORATES
WESTPAC BANKING CORPORATION – ASX WBC, AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION

South32 chief docked $1.2m over mining deaths in Africa

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Original article by Tess Ingram
The Australian Financial Review – Page: 28 : 9-Sep-16

The annual report of South32 shows that the Australian-listed group’s safety record in South Africa was reflected in the remuneration of senior executives in 2015-16. The miner’s board slashed the short-term incentive payments of CEO Graham Kerr and other top executives after four fatal incidents at its South African mines and aluminium smelter during the financial year. This is estimated to have reduced Kerr’s total remuneration by around $A1.2m.

CORPORATES
SOUTH32 LIMITED – ASX S32