Author: roymorgansocial

Ban on betting ads would be draconian: Seven West boss

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Original article by John Stensholt
The Australian Financial Review – Page: 5 : 15-Jul-16

It is estimated that bookmakers spent about $A150m on advertising during television broadcasts of sports events. Seven West Media CEO Tim Worner says a proposed ban is "draconian" and unnecessary, adding that Seven already has stricter internal rules on the issue than required by the advertising code. Sportsbet and CrownBet say they would agree to reduce their advertising during sports telecasts, but they oppose the blanket ban that is being advocated by crossbenchers Nick Xenophon and Andrew Wilkie.

CORPORATES
SEVEN WEST MEDIA LIMITED – ASX SWM, SPORTSBET AUSTRALIA, CROWNBET PTY LTD, ALLIANCE FOR GAMBLING REFORM, AUSTRALIAN FOOTBALL LEAGUE

Iron ore miners reaping the benefits from soaring prices

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Original article by Peter Ker, Jessica Sier, Tess Ingram
The Australian Financial Review – Page: 15 & 20 : 14-Jul-16

The share prices of BHP Billiton, Rio Tinto and Fortescue Metals Group rallied on 13 July 2016, as the benchmark iron ore price continued to rise. UBS recently estimated that Fortescue’s break-even price is around $US32 per tonne, which is believed to be still slightly above the break-even price of both BHP and Rio Tinto. Meanwhile, Fortescue has advised that its iron ore shipments totalled 169.4 million tonnes in 2015-16, compared with its guidance of 165 million tonnes.

CORPORATES
BHP BILLITON LIMITED – ASX BHP, RIO TINTO LIMITED – ASX RIO, FORTESCUE METALS GROUP LIMITED – ASX FMG, UBS HOLDINGS PTY LTD, MOUNT GIBSON IRON LIMITED – ASX MGX, ROY HILL HOLDINGS PTY LTD, MARUBENI CORPORATION, BC IRON LIMITED – ASX BCI, ATLAS IRON LIMITED – ASX AGO, VALE SA, STEELHOME, MORGAN STANLEY AUSTRALIA LIMITED, MINERAL RESOURCES LIMITED – ASX MIN, MESA MINERALS LIMITED – ASX MAS, PITCHER PARTNERS CORPORATE ADVISORY PTY LTD

APN Outdoor buys Metrospace, iOM

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Original article by Max Mason, Sarah Thompson
The Australian Financial Review – Page: 20 : 14-Jul-16

Australian-listed APN Outdoor will increase its presence in Queensland and Victoria with two acquisitions in the outdoor advertising sector. Metrospace boasts 110 outdoor advertising panels across Queensland, while iOM has 130 such sites in Victoria. They are expected to boost APN’s earnings by around $A13m in total. Australia’s out-of-home advertising sector boasted revenue of $A184.4m in the June 2016 quarter.

CORPORATES
APN OUTDOOR GROUP LIMITED – ASX APO, METROSPACE OUTDOOR ADVERTISING, IOM PTY LTD, OOH!MEDIA LIMITED – ASX OML, QMS MEDIA LIMITED – ASX QMS, VAL MORGAN OUTDOOR, HOYTS CINEMAS LIMITED, ACTIVE MEDIA GROUP PTY LTD, OAKTREE CAPITAL MANAGEMENT LLC, FITNESS FIRST AUSTRALIA PTY LTD, GOODLIFE HEALTH CLUBS, JUNKEE MEDIA PTY LTD, ADSPACE, INLINK, PRICEWATERHOUSECOOPERS AUSTRALIA (INTERNATIONAL) PTY LTD, OUTDOOR MEDIA ASSOCIATION INCORPORATED

Super-size me: NAB banks on giant new fund

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Original article by Michael Bennet
The Australian – Page: 23 : 14-Jul-16

National Australia Bank’s MLC Super Fund has become the nation’s second-largest superannuation fund and the biggest retail fund after five separate funds were amalgamated. The enlarged MLC Super boasts some $A70bn worth of funds under management, and NAB has indicated that rationalising its super funds is likely to result in lower fees for members. The consolidation of its super funds will also enable NAB to separate its super and investment businesses from its life insurance arm, in which a controlling stake has been sold to Nippon Life.

CORPORATES
NATIONAL AUSTRALIA BANK LIMITED – ASX NAB, MLC LIMITED, NIPPON LIFE INSURANCE COMPANY LIMITED, AUSTRALIANSUPER PTY LTD

CFOs look on bright side

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Original article by Damon Kitney
The Australian – Page: 22 : 14-Jul-16

Some 33 per cent of CFOs at S&P/ASX 200 companies are confident about the future, according to a new Deloitte survey. This compares with just five per in the second half of 2015. The survey, which was carried out in the first half of 2016, also shows that 80 per cent of respondents think that uncertainty is a deterrent to business investment. Meanwhile, nearly 45 per cent of respondents believe that it is a good time to embrace balance sheet risk. New data from Roy Morgan Research also shows that there has been an upturn in business confidence.

CORPORATES
DELOITTE TOUCHE TOHMATSU LIMITED, ROY MORGAN RESEARCH LIMITED, NATIONAL AUSTRALIA BANK LIMITED – ASX NAB, KPMG AUSTRALIA PTY LTD, STANDARD AND POOR’S ASX 200 INDEX, AGL ENERGY LIMITED – ASX AGL

Bleak credit outlook rating for oil and gas this quarter

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Original article by Angela Macdonald-Smith
The Australian Financial Review – Page: 21 : 14-Jul-16

Brent crude oil was trading at around $US48 per barrel on 13 July 2016, but ratings agency Standard & Poor’s still expects it to average $US40 for the remainder of the calendar year. Meanwhile, Lawrence Hu of S&P has identified the potential for a sustained oversupply of oil as the biggest risk for oil and gas companies in the Asia-Pacific region. Both S&P and Moody’s expect the oil price to average $US45 in 2017.

CORPORATES
STANDARD AND POOR’S CORPORATION, MOODY’S INVESTORS SERVICE INCORPORATED, SANTOS LIMITED – ASX STO, ORIGIN ENERGY LIMITED – ASX ORG, WOODSIDE PETROLEUM LIMITED – ASX WPL, UBS HOLDINGS PTY LTD, CITIGROUP PTY LTD

PM steeled for Senate showdown

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Original article by David Crowe
The Australian – Page: 1 & 4 : 14-Jul-16

The Federal Government will negotiate with crossbenchers on key election policies such as company tax cuts, but Prime Minister Malcolm Turnbull has conceded that some compromises will be necessary. However, the Greens have signalled that they will oppose some of the proposed tax reforms, while Nick Xenophon says ensuring the future of Arrium and manufacturing jobs should take precedence over company tax cuts. Meanwhile, some Coalition MPs are pushing for changes to the Government’s superannuation reforms.

CORPORATES
AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, AUSTRALIAN GREENS, NICK XENOPHON TEAM, AUSTRALIAN LABOR PARTY, LIBERAL PARTY OF AUSTRALIA, NATIONAL PARTY OF AUSTRALIA, INDUSTRY SUPER AUSTRALIA PTY LTD, CROSBY TEXTOR RESEARCH STRATEGIES RESULTS PTY LTD

Does anyone even notice shopping trolley ads and supermarket-docket specials anymore?

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Original article by Roy Morgan Research
Market Research Update – Page: Online : 14-Jul-16

A Roy Morgan Single Source survey has found that 10.8 per cent of Australians aged 14+ (or just over 2.1 million people) agree that "I usually notice the advertisements on shopping trolleys when I go grocery shopping". The survey, which was carried out in the year to March 2016, also shows that 22.0 per cent (4.3 million people) reported that "I often take advantage of the special offers on the back of my supermarket shopping docket". Meanwhile, 18.8 per cent of Australians aged 25-34 usually notice shopping-trolley advertising, compared with just 5.7 per cent of those aged 65+.

CORPORATES
ROY MORGAN RESEARCH LIMITED

Gary Morgan’s comment on the latest real Australian unemployment figures

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Original article by Gary Morgan, Roy Morgan Research
Market Research Update – Page: Online : 14-Jul-16

This slow employment market was largely ignored by the major parties in the Federal Election campaign. It is why neither party secured a clear victory. The lack of coherent plans and details on how each major party would grow the Australian economy and generate jobs is the reason for the high vote for minor parties – today counted at 22.9%. Hopefully, the "shock" of a close election result – along with the record high support for minor parties – will mean both Prime Minister Malcolm Turnbull and Opposition Leader Bill Shorten start listening to the clear message the electorate is sending the major parties. Nearly a quarter of the Australian electorate feels ignored and unheard by Australia’s political leaders.

CORPORATES
ROY MORGAN RESEARCH LIMITED, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, AUSTRALIAN LABOR PARTY

Aussie men facing up to skincare

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Original article by Roy Morgan Research
Market Research Update – Page: Online : 14-Jul-16

A Roy Morgan Single Source survey has found that 3.7 million Australian men aged 14+ purchased at least one skincare product in any given six months during the year to March 2016. While this equates to a much lower proportion (37.9 per cent) than women (83.7 per cent) who bought skincare products in the same period, it is still a sizeable market. The survey also shows that 26.8 per cent of Australian men purchase hand-and-body lotion in an average six months, ahead of facial moisturiser (21.5 per cent) and facial cleanser (17.8 per cent). Meanwhile, Nivea (17.9 per cent) is the most popular brand among Australian men, followed by L’Oreal (5.8 per cent) and Olay (5.0 per cent).

CORPORATES
ROY MORGAN RESEARCH LIMITED, NIVEA, L’OREAL AUSTRALIA PTY LTD, OLAY