Author: roymorgansocial

Next election may be two years away

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Original article by Phillip Coorey
The Australian Financial Review – Page: 5 : 19-Jul-16

Federal Parliament will resume on 30 August 2016, but it will not run for the full three-year term. Indeed, the timing of state elections in Victoria in November 2018 and New South Wales in March 2019 means that Prime Minister Malcolm Turnbull could potentially call an election in August 2018, which is the earliest possible date for a federal election. His decision to opt for a double-dissolution election means the next poll can be held no later than mid-May 2019.

CORPORATES
AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET

The Pokemon phenomenon: Australian 13 (and 30) year-olds becoming seven again

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Original article by Roy Morgan Research
Market Research Update – Page: Online : 18-Jul-16

A Roy Morgan Young Australians Survey has found that 21 per cent of Australians aged 6-13 thought Pokemon was cool in 2015, a rate that has been fairly consistent over the past eight year. Pokemon’s popularity peaked among the youngest respondents, with the Japanese gaming and entertainment franchise considered cool by 27 per cent of six year-olds and 30 per cent of seven year-olds. Its appeal declined to 24 per cent of eight and nine year-olds, 21 per cent of 10 year-olds, 18 per cent of 11 year-olds and just 13 per cent of kids aged 12 to 13. However, with the release of Pokemon GO – a GPS-based augmented reality app – our continuing research over the rest of 2016 may well show that these older Australian kids (and their parents) could consider Pokemon cool again.

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ROY MORGAN RESEARCH LIMITED

Rio tipped to sell off smaller divisions

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Original article by Peter Ker
The Australian Financial Review – Page: 18 : 18-Jul-16

UBS analyst Myles Allsop suggests that Rio Tinto may seek to offload some of its non-core assets under new CEO Jean-Sebastien Jacques. Allsop says this could include its thermal coal, diamond and uranium mines, noting that they rarely receive much attention in Rio’s production reports. He also says Rio might also regard assets such as the Simandou iron ore project in Guinea as being non-core. Iron ore accounts for nearly 75 per cent of Rio’s earnings.

CORPORATES
RIO TINTO LIMITED – ASX RIO, UBS HOLDINGS PTY LTD, BHP BILLITON LIMITED – ASX BHP, DEUTSCHE BANK AG, MACQUARIE GROUP LIMITED – ASX MQG, FORTESCUE METALS GROUP LIMITED – ASX FMG, NEWCREST MINING LIMITED – ASX NCM, MACH ENERGY, GLENCORE PLC

Power is still on after five years at FMG, so what’s next?

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Original article by Tess Ingram
The Australian Financial Review – Page: 13 & 16 : 18-Jul-16

Fortescue Metals Group has significantly reduced its debt and ramped up iron ore production since Nev Power succeeded Andrew Forrest as CEO on 18 July 2011. Fortescue’s "C1" cost of production was around $US50 per tonne at the start of Power’s tenure, but some analysts believe that it may have come close to achieving its goal of reducing this to $US13/tonne in 2015-16. Fortescue exceeded its full-year production target of 165 million tonnes, with shipments for the fiscal year totalling 169.4 million.

CORPORATES
FORTESCUE METALS GROUP LIMITED – ASX FMG, BHP BILLITON LIMITED – ASX BHP, RIO TINTO LIMITED – ASX RIO

PM bends to revolt over super

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Original article by Laura Tingle
The Australian Financial Review – Page: 1 & 4 : 18-Jul-16

Prime Minister Malcolm Turnbull has indicated that he may be open to changes to the Coalition’s superannuation reforms. The proposed changes will be discussed at the Coalition’s party room meeting on 18 July, with some backbenchers seeking a compromise on policies such as the $A500,000 lifetime cap on non-concessional contributions. Senator Nick Xenophon says the government must reconsider the lifetime cap and limiting concessional contributions to $A25,000 a year, arguing that they will not be approved by either the Senate or the Coalition’s own party room.

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AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, LIBERAL PARTY OF AUSTRALIA, NATIONAL PARTY OF AUSTRALIA, NICK XENOPHON TEAM, AUSTRALIAN LABOR PARTY, AUSTRALIAN GREENS

ANZ-Roy Morgan New Zealand Consumer Confidence slips to 118.2 in July (down 0.7pts)

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Original article by Roy Morgan Research
Market Research Update – Page: Online : 18-Jul-16

The ANZ-Roy Morgan New Zealand Consumer Confidence Index has fallen from 118.9 to 118.2 in July 2016. However, it is holding in at levels of elevation, and in line with its historical average. In seasonally adjusted terms confidence rose from 118 to 119, the second monthly rise in a row. The Current Conditions and Future Conditions indices were both down by a small amount, but they were up marginally in seasonally adjusted terms.

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

Investors to shrug off events in Turkey

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Original article by Mark Mulligan
The Australian Financial Review – Page: 20 : 18-Jul-16

Futures traders expect the Australian sharemarket to shed about 11 points when trading resumes on 18 July 2016, in response to growing geopolitical tensions worldwide. With a dearth of upcoming local economic data, investors will be awaiting the release of the minutes from the Reserve Bank’s monthly board meeting. Meanwhile,, the latest US economic data may provide some guidance on the timing of any change in US monetary policy.

CORPORATES
STANDARD AND POOR’S ASX 200 INDEX, RESERVE BANK OF AUSTRALIA, UNITED STATES. FEDERAL RESERVE BOARD, RESERVE BANK OF NEW ZEALAND, INTERNATIONAL MONETARY FUND, STANDARD AND POOR’S 500 INDEX, MORGAN STANLEY CAPITAL INTERNATIONAL EMERGING MARKETS INDEX, BT INVESTMENT MANAGEMENT LIMITED – ASX BTT, NATIONAL AUSTRALIA BANK LIMITED – ASX NAB, EUROPEAN CENTRAL BANK, FEDERAL RESERVE BANK OF PHILADELPHIA

Telstra thrives on new look tag

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Original article by Darren Davidson
The Australian – Page: 25 : 18-Jul-16

Telstra will use its alliance with Olympic Games broadcaster Seven Network to launch a major overhaul of its brand. The telco has developed its rebranding in partnership with creative agency The Monkeys, and will replace its long-running "It’s how we connect" tagline with "Thrive On". Joe Pollard, Telstra’s group managing director of media and marketing, says the new branding is based on the theme that the telco "empowers people to thrive".

CORPORATES
TELSTRA CORPORATION LIMITED – ASX TLS, SEVEN NETWORK LIMITED, SEVEN WEST MEDIA LIMITED – ASX SWM, THE MONKEYS PTY LTD, AUSTRALIAN OLYMPIC COMMITTEE, FEDERAL COURT OF AUSTRALIA

Only extreme event will trigger RBA QE

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Original article by Mark Mulligan
The Australian Financial Review – Page: 3 : 18-Jul-16

Perpetual Investment’s Matt Sherwood says geopolitical tensions would not be a sufficient reason for the Reserve Bank of Australia to implement quantitative easing. He argues that such measures would only be necessary if there were a major crisis such as the collapse of the Chinese economy. The RBA has developed a strategy for implementing quantitative easing, and Sherwood says this demonstrates that the central bank wants to be more prepared than it was at the onset of the global financial crisis in 2008.

CORPORATES
RESERVE BANK OF AUSTRALIA, PERPETUAL INVESTMENTS, UNITED STATES-CHINA JOINT COMMISSION ON COMMERCE AND TRADE, BT INVESTMENT MANAGEMENT LIMITED – ASX BTT

TV chiefs rail against gambling-ad threat

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Original article by Sarah-Jane Tasker
The Australian – Page: 23 : 18-Jul-16

Standard Media Index data shows that the gambling industry spend some $A63m on TV advertising in the first half of 2016, which represents year-on-year growth of nearly 20 per cent. The CEOs of Australia’s commercial free-to-air networks are united in their opposition to a push for new restrictions on gambling ads on TV. Crossbenchers Nick Xenophon and ­Andrew Wilkie are leading the bid to ban gambling ads during the broadcasting of sports events in certain timeslots.

CORPORATES
SMI MEDIA INCORPORATED, TEN NETWORK HOLDINGS LIMITED – ASX TEN, SEVEN WEST MEDIA LIMITED – ASX SWM, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, THE NIELSEN COMPANY (AUSTRALIA) PTY LTD, SPORTSBET AUSTRALIA, LADBROKES, CROWNBET PTY LTD