Author: roymorgansocial

New car market climbs higher in first half of 2016

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Original article by Roy Morgan Research
Market Research Update – Page: Online : 22-Jul-16

A Roy Morgan Single Source survey has found that the number of Australians aged 14+ who intend to buy a new car in the next four years rose by 100,000 to 2,302,000 in the six months to June 2016. The survey also shows that the number of people who intend to buy a new car in the next 12 months has risen by 60,000 over this period, to 628,000. Jordan Pakes of Roy Morgan Research notes that 74,000 new car intenders are considering buying a Toyota, while 70,000 are considering a Mazda.

CORPORATES
ROY MORGAN RESEARCH LIMITED, TOYOTA MOTOR CORPORATION AUSTRALIA LIMITED, MAZDA AUSTRALIA PTY LTD, FORD MOTOR COMPANY AUSTRALIA LIMITED, HYUNDAI MOTOR COMPANY AUSTRALIA PTY LTD, GM HOLDEN LIMITED, HONDA AUSTRALIA PTY LTD

News.com.au and up-for-grabs Gawker Media lead Top 10 Technology Websites

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Original article by Roy Morgan Research
Market Research Update – Page: Online : 21-Jul-16

A Roy Morgan Single Source survey has found that three million Australians aged 14+ visited one or more of the Top 10 technology-focused websites in an average four weeks in the year to March 2016. This is 34 per cent higher than in the year to March 2013. The Technology page on News.com.au remains the country’s most-visited tech site, with 989,000 Australians visiting it in an average four weeks, up 58 per cent since 2013. Only two other tech websites among the Top 10 had an increase in unique monthly audience over the period – and they jumped into second and third spots as a result: 743,000 Australians read Gizmodo (up 59 per cent since 2013) and 725,000 read Lifehacker (up 63 per cent).

CORPORATES
ROY MORGAN RESEARCH LIMITED, NEWS.COM.AU, GIZMODO, LIFEHACKER, GAWKER MEDIA, CNET INCORPORATED, ZDNET, SOURCEFORGE, SLASHDOT

A survey has found primary school children are doing more homework than ever before

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Original article by Nine Network Australia
Nine News – Page: Online : 21-Jul-16

A Roy Morgan Research survey shows that Australian children aged 10-13 are doing almost 40 minutes more homework each week than in 2007. Roy Morgan Research CEO Michele Levine notes that children now spend an average of four hours doing homework each week, but children with an Asian background spend an average of six hours per week doing homework.

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ROY MORGAN RESEARCH LIMITED, NINE NETWORK AUSTRALIA LIMITED

Super fix comes at cost

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Original article by Phillip Coorey
The Australian Financial Review – Page: 1 & 6 : 21-Jul-16

The Australian Government will allow exemptions to its proposed $A500,000 lifetime cap on non-concessional superannuation contributions, to take into account "life events" such as a divorce settlement or an inheritance. The cap had been expected to generate Budget savings of about $A550m over four years, but some estimates have suggested that the exemptions could potentially cost between $A300m and $A450m. Meanwhile, shadow treasurer Chris Bowen has stressed that any super reforms must not be retrospective. The Government plans to backdate the lifetime cap to 2007.

CORPORATES
AUSTRALIA. DEPT OF THE TREASURY, AUSTRALIAN LABOR PARTY, FINANCIAL SERVICES COUNCIL, LIBERAL PARTY OF AUSTRALIA, NATIONAL PARTY OF AUSTRALIA

Labor to reject mandate on IR

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Original article by Joe Kelly
The Australian – Page: 4 : 21-Jul-16

The Australian Government continues to be criticised over its failure to respond to the Productivity Commission’s review of industrial relations laws. The Opposition argues that the Coalition does not have a mandate to pursue workplace reforms during its second term in office as it did not respond to the report prior to the 2016 election. The report, which was released in late 2015, makes 70 recommendations on changes to workplace laws. Business groups have urged the Coalition to pursue IR reforms.

CORPORATES
AUSTRALIA. PRODUCTIVITY COMMISSION, AUSTRALIAN LABOR PARTY, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, AUSTRALIA. DEPT OF EMPLOYMENT, THE AUSTRALIAN INDUSTRY GROUP, AUSTRALIAN BUILDING AND CONSTRUCTION COMMISSION, VICTORIA. COUNTRY FIRE AUTHORITY

US election a Trump card for gold price, says Beament

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Original article by Peter Ker
The Australian Financial Review – Page: 19 : 21-Jul-16

Northern Star Resources’ gold production totalled 558,143 ounces in 2015-16, with sales of 561,153 ounces. MD Bill Beament remains bullish about the outlook for gold, forecasting that the recent rally in the price of the precious metal will be sustained. He notes that the UK’s vote to leave the European Union has had little impact on the gold price. He expects the gold price to rise further if Donald Trump wins the US presidential election, although he did not specifically name the Republican candidate.

CORPORATES
NORTHERN STAR RESOURCES LIMITED – ASX NST, UNITED STATES. FEDERAL RESERVE BOARD, REPUBLICAN PARTY (UNITED STATES)

Domino’s dining out as Eagle Boys hit the wall

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Original article by Daniel Palmer
The Australian – Page: 21 : 21-Jul-16

Shares in Domino’s Pizza Enterprises closed 2.2 per cent higher at a new high of $A73.35 on 20 July 2016, in the wake of a rival’s collapse. Thomas Kierath of Morgan Stanley says the group could increase its market share following the demise of Eagle Boys Pizza, while Michael Simotas of Deutsche Bank notes that Domino’s could be blocked from acquiring Pizza Boys franchises on competition grounds. Morgan Stanley has an "overweight" recommendation on Domino’s shares, while Deutsche has a "hold" rating.

CORPORATES
DOMINO’S PIZZA ENTERPRISES LIMITED – ASX DMP, EAGLE BOYS PIZZA, MORGAN STANLEY AUSTRALIA LIMITED, DEUTSCHE BANK AG, PIZZA HUT AUSTRALIA, PIZZA CAPERS, CRUST GOURMET PTY LTD, NBC CAPITAL PTY LTD

PC takes aim at rural protectionism

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Original article by Phillip Coorey
The Australian Financial Review – Page: 1 & 4 : 21-Jul-16

The Productivity Commission has recommended a number of changes to Australia’s agricultural policy. The commission states in a draft report that protectionist measures should be removed. It says the aim of liberalisation of the agricultural market necessitates the abolition of marketing agencies such as the New South Wales Rice Marketing Board and the Western Australian Potato Marketing Corporation. The Commission also says foreign investment in Australia’s agricultural sector should be encouraged rather than discouraged.

CORPORATES
AUSTRALIA. PRODUCTIVITY COMMISSION, RICE MARKETING BOARD, POTATO MARKETING CORPORATION OF WESTERN AUSTRALIA, AUSTRALIA. FOREIGN INVESTMENT REVIEW BOARD, NATIONAL PARTY OF AUSTRALIA, LIBERAL PARTY OF AUSTRALIA, AUSTRALIAN LABOR PARTY, BUSINESS COUNCIL OF AUSTRALIA, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET

Fortescue unplugs lithium from battery of resources

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Original article by Barry FitzGerald
The Australian – Page: 22 : 21-Jul-16

Australian-listed Fortescue Metals Group has revealed plans to sell the lithium exploration rights at its iron ore leases in Western Australia’s Pilbara region. CEO Nev Power says iron ore remains the company’s priority. Lithium miners such as Pilbara Minerals and Orocobre have benefited from growing global demand for lithium-ion batteries, with strong gains in their share prices and market capitalisation.

CORPORATES
FORTESCUE METALS GROUP LIMITED – ASX FMG, PILBARA MINERALS LIMITED – ASX PLS, OROCOBRE LIMITED – ASX ORE

Growth returns to BHP but not in petroleum

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Original article by Peter Ker
The Australian Financial Review – Page: 17 & 22 : 21-Jul-16

BHP Billiton plans to lift iron ore, copper, coking coal and nickel production in 2016-17, after the coking coal division was the only one that increased production in 2015-16. However, the petroleum division is expected to reduce production by 13-17 per cent, after output was cut by six per cent in 2015-16. Meanwhile, iron ore shipments from BHP’s mines in Western Australia totalled 257 million tonnes in 2015-16, compared with the group’s target of 260 million tonnes. Output is slated to be within the range of 265 million to 275 million tonnes in 2016-17.

CORPORATES
BHP BILLITON LIMITED – ASX BHP, BT INVESTMENT MANAGEMENT LIMITED – ASX BTT, UBS HOLDINGS PTY LTD, SHAW AND PARTNERS LIMITED