Author: roymorgansocial

Dividends back at Newcrest

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Original article by Barry FitzGerald
The Australian – Page: 21 : 26-Jul-16

Australian-listed Newcrest Mining produced 598,037 ounces of gold during the June 2016 quarter, compared with 636,521 ounces in the March quarter. Full-year output was at the lower end of its guidance of between 2.4 million and 2.6 million ounces. However, the group slashed its net debt by 27 per cent to $A2.1bn in 2015-16, prompting some analysts to forecast that it will pay a dividend for the first time since 2013.

CORPORATES
NEWCREST MINING LIMITED – ASX NCM, CREDIT SUISSE (AUSTRALIA) LIMITED

Market backs BHP’s bid to buy Anglo coal

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Original article by James Thomson
The Australian Financial Review – Page: 13 & 18 : 25-Jul-16

BHP Billiton has declined to comment on speculation that it is poised to acquire Anglo American’s coal assets in Queensland, with the auction process nearing its end. BHP is said to be the only remaining bidder for the assets, which initially attracted interest from companies such as Glencore and Yancoal. The Anglo American assets include the Moranbah North and Grosvenor metallurgical coal mines, and some market analysts say the deal should generate significant synergies for BHP.

CORPORATES
BHP BILLITON LIMITED – ASX BHP, ANGLO AMERICAN PLC, GLENCORE PLC, YANCOAL AUSTRALIA LIMITED – ASX YAL, AMERICAN METALS AND COAL INTERNATIONAL INCORPORATED, XCOAL ENERGY AND RESOURCES LLC, BM ALLIANCE COAL OPERATIONS PTY LTD, MITSUBISHI CORPORATION, SHAW AND PARTNERS LIMITED, TRIBECA GLOBAL NATURAL RESOURCES FUND, AUSTRALIAN FOUNDATION INVESTMENT COMPANY LIMITED – ASX AFI, UBS HOLDINGS PTY LTD

Half of mobile owners reckon they know how to get the best deal – but they end up spending more

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Original article by Roy Morgan Research
Market Research Update – Page: Online : 25-Jul-16

A Roy Morgan Single Source survey has found that 49 per cent of Australians aged 14+ who own a mobile phone agree with the statement "I know how to find the best deal". This rate is almost the same among pre- and post-paid users. However, consumers who agree that they know how to find the best deal spend an average of seven per cent more for their post-paid and 25 per cent more for their pre-paid service per month than mobile owners who do not think they have value-seeking skills. Meanwhile, 66 per cent of mobile owners with Virgin (either pre- or post-paid) deem themselves good deal-hunters, ahead of 63 per cent of those with Amaysim and 57 per cent of those with Vodafone.

CORPORATES
ROY MORGAN RESEARCH LIMITED, VIRGIN MOBILE (AUSTRALIA) PTY LTD, AMAYSIM AUSTRALIA LIMITED – ASX AYS, VODAFONE AUSTRALIA LIMITED, SINGTEL OPTUS PTY LTD, TPG TELECOM LIMITED – ASX TPM, IINET LIMITED, ALDIMOBILE, TELSTRA CORPORATION LIMITED – ASX TLS

Miners more worried about Qld laws than global markets

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Original article by Mark Ludlow
The Australian Financial Review – Page: 6 : 25-Jul-16

A new report by the Queensland Resources Council highlights the key issues of concern for executives in the state’s mining sector. The latest "state of the sector" report shows that uncertainty regarding State Government policy and regulatory issues are the main concerns for the industry. QRC CEO Michael Roche notes that environmental regulation laws in particularly are a major concern for industry leaders.

CORPORATES
QUEENSLAND RESOURCES COUNCIL LIMITED, QUEENSLAND. DEPT OF THE PREMIER AND CABINET, BHP BILLITON LIMITED – ASX BHP, ANGLO AMERICAN PLC, QUEENSLAND NICKEL PTY LTD, AUSTRALIAN LABOR PARTY

Over-55s could add $78b in GDP

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Original article by Lucille Keen
The Australian Financial Review – Page: 7 : 25-Jul-16

A new study by PwC shows that Australia is ranked 16th among OECD nations in terms of retaining older employees in the workforce. The PwC Golden Age Index estimates that the nation’s GDP could be boosted by 4.7 per cent by ensuring that more older people – particularly the 55+ age group – remain in the workforce. This would equate to an annual increase in GDP of about $A78bn. Jeremy Thorpe of PwC warns that it would take about 10 years to achieve such an increase in GDP via measures aimed at lifting workforce participation among older age groups.

CORPORATES
PRICEWATERHOUSECOOPERS, ORGANISATION FOR ECONOMIC CO-OPERATION AND DEVELOPMENT, AUSTRALIA. DEPT OF HUMAN SERVICES. CENTRELINK, UNIVERSITY OF MELBOURNE

Auctions lack that spring in their step

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Original article by Michael Bleby
The Australian Financial Review – Page: 3 : 25-Jul-16

Preliminary data from CoreLogic shows that Sydney’s residential auction clearance rate was 75.3 per cent in the week to 23 July 2016, with 448 homes going under the hammer. The clearance rate in Melbourne was 72.4 per cent, with 515 properties scheduled for auction during the week. Both cities recorded a sharp fall in auction numbers compared with the same period in 2015. James Andrews of Ray White Thornleigh expects an upturn in homes put up for auction as the Spring selling season approaches.

CORPORATES
CORELOGIC AUSTRALIA PTY LTD, RAY WHITE REAL ESTATE, DOMAIN.COM.AU, FAIRFAX MEDIA LIMITED – ASX FXJ, GREG HOCKING GROUP PTY LTD, HODGES REAL ESTATE

Sorrell on digital metrics: critical to have universal measurement

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Original article by Max Mason
The Australian Financial Review – Page: 29 : 25-Jul-16

WPP Group CEO Martin Sorrell has stressed the need for a digital advertising audience measurement system that is independent, rather than relying on data supplied by digital giants such as Facebook and Google. WPP holds an 18.6 per cent stake in the merged ComScore and RenTrak, having acquired stakes in both companies prior to their amalgamation. Meanwhile, Sorrell has identified clients’ short-term focus as the major challenge for the advertising industry.

CORPORATES
WPP GROUP PLC, FACEBOOK INCORPORATED, GOOGLE INCORPORATED, COMSCORE NETWORKS INCORPORATED, RENTRAK CORPORATION, WPP AUNZ LIMITED – WPP, NEWS CORPORATION – ASX NWS, 21ST CENTURY FOX INCORPORATED, CBS CORPORATION, VIACOM INCORPORATED

G20 growth target ends in failure

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Original article by David Uren
The Australian – Page: 1 & 4 : 25-Jul-16

The Group of 20 finance ministers have reiterated their commitment to a global economic growth target. This is despite new projections showing that the two per cent growth target for 2018 set at the G20 summit in Brisbane in 2014 is unlikely to be achieved. Australian Treasurer Scott Morrison and his predecessor Joe Hockey say this growth target is still relevant. Adam Triggs of the Australian National University says the latest forecasts from the International Monetary Fund suggest that the global economy will be worth $US117.7trn by 2018, rather than the target of $US123.9trn set in 2014.

CORPORATES
GROUP OF TWENTY (G-20), AUSTRALIA. DEPT OF THE TREASURY, INTERNATIONAL MONETARY FUND, AUSTRALIAN NATIONAL UNIVERSITY, AUSTRALIA. DEPT OF HUMAN SERVICES. MEDICARE AUSTRALIA, SUPREME COURT OF THE UNITED STATES

Investors focus on inflation, central banks

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Original article by Jessica Sier
The Australian Financial Review – Page: 20 : 25-Jul-16

Futures traders expect the Australian sharemarket to gain about four points when trading resumes on 25 July 2016. The local bourse is likely to benefit from a positive lead from Wall Street, having lost ground in the previous trading session. Investors will be awaiting the upcoming release of inflation data for the June quarter, which could provide guidance on the Reserve Bank’s next move on the interest rate front. The US Federal Open Market Committee’s monetary policy statement will also be closely scrutinised by investors.

CORPORATES
STANDARD AND POOR’S ASX 200 INDEX, RESERVE BANK OF AUSTRALIA, UNITED STATES. FEDERAL OPEN MARKET COMMITTEE, COMMONWEALTH BANK OF AUSTRALIA – ASX CBA, CAPITAL ECONOMICS LIMITED, BANK OF JAPAN

Ten tie-up delivers good news for WIN

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Original article by Darren Davidson
The Australian – Page: 23 & 25 : 25-Jul-16

RegionalTAM data shows that WIN Corporation’s ratings in the 6pm to 7:30pm timeslot have risen since it became a Ten Network affiliate on 1 July 2016. WIN CEO Andrew Lancaster has praised the level of assistance and co-operation provided by Ten during WIN’s switch from its long-running affiliation deal with the Nine Network. The data also show that Southern Cross Media Group’s ratings under its new program supply deal with Nine are lower than WIN’s ratings when it was affiliated with Nine.

CORPORATES
WIN CORPORATION PTY LTD, TEN NETWORK HOLDINGS LIMITED – ASX TEN, SOUTHERN CROSS MEDIA GROUP LIMITED – ASX SXL, NINE NETWORK AUSTRALIA LIMITED, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, REGIONAL TAM PTY LTD, NATIONAL RUGBY LEAGUE, CRICKET AUSTRALIA