Author: roymorgansocial

SEEK invests in online sidekick for temp staff

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Original article by Max Mason
The Australian Financial Review – Page: 37 : 4-Jul-16

Australian-listed SEEK has acquired a stake in Sidekicker, a start-up that enables businesses to hire temporary staff at short notice. The online marketplace was founded in 2012, and now offers a database of some 3,000 temporary workers. SEEK’s Michael Ilczynski stresses that the types of positions that are advertised on Sidekicker are rarely advertised on his company’s website.

CORPORATES
SEEK LIMITED – ASX SEK, SIDEKICKER, NIMBLE SOFTWARE SYSTEMS

Back pain a common complaint for Aussies

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Original article by Roy Morgan Research
Market Research Update – Page: Online : 30-Jun-16

A Roy Morgan Single Source survey has found that just over 7.4 million Australians aged 18+ (more than four in every 10) reported having had back pain at least once in the year to March 2016. Some 43.2 per cent of the 65+ age group have had back pain in the last 12 months, but 40.7 per cent of those in the 30-34 age group also had back pain. The survey also shows that a person’s occupation does not appear to increase the risk of back pain either, as 40.5 per cent of both labourers and clerical/admin workers have had back pain, while technicians and trades workers are more likely to be affected with back pain (43.2 per cent).

CORPORATES
ROY MORGAN RESEARCH LIMITED

Rio cuts ties with Bougainville

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Original article by Barry FitzGerald
The Australian – Page: 21 & 24 : 1-Jul-16

Australian-listed Rio Tinto has transferred its stake in Bougainville Copper Limited to the Bougainville and Papua New Guinea governments. Rio Tinto’s Chris Salisbury says the resources giant considered a number of options regarding the Panguna copper and gold mine on Bougainville island before deciding to exit the project by distributing its shareholding to the provincial and national governments.

CORPORATES
RIO TINTO LIMITED – ASX RIO, BOUGAINVILLE COPPER LIMITED – ASX BOC, BHP BILLITON LIMITED – ASX BHP

Serious money on Coalition: bookies

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Original article by Michael Koziol, Nicole Hasham
The Canberra Times – Page: 6 : 1-Jul-16

Bookmakers say that betting trends suggest that the Australian Government will be re-elected on 2 July 2016. The Australian Labor Party’s chances of winning have lengthened to $A7, according to Centrebet’s odds, compared with $A1.10 for the Coalition. However, experience shows that the odds are not always a reliable guide. Labor won the 2015 election in Queensland despite punters backing the Coalition, while the odds suggested that Britons would vote to remain in the European Union.

CORPORATES
CENTREBET INTERNATIONAL LIMITED, AUSTRALIAN LABOR PARTY, LIBERAL PARTY OF AUSTRALIA, NATIONAL PARTY OF AUSTRALIA, LIBERAL-NATIONAL PARTY OF QUEENSLAND, SPORTSBET AUSTRALIA, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, FAIRFAX MEDIA LIMITED – ASX FXJ, IPSOS AUSTRALIA PTY LTD

Last-minute deal keeps Nine in Tassie

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Original article by Jake Mitchell
The Australian – Page: 21 & 24 : 1-Jul-16

The Tasmanian Digital Television joint venture between WIN Corporation and Southern Cross Media Group has agreed to broadcast the Nine Network’s content. The affiliation deal will ensure that viewers in the broadcast area will continue to have access to Nine’s TV shows. WIN and Southern Cross switched metropolitan affiliation partners in some states and regional areas on 1 July 2016.

CORPORATES
TASMANIAN DIGITAL TELEVISION PTY LTD, WIN CORPORATION PTY LTD, SOUTHERN CROSS MEDIA GROUP LIMITED – ASX SXL, NINE NETWORK AUSTRALIA LIMITED, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, TEN NETWORK HOLDINGS LIMITED – ASX TEN, PRIME MEDIA GROUP LIMITED – ASX PRT, AUSTRALIA. DEPT OF COMMUNICATIONS AND THE ARTS, NBN TELEVISION

Homosexuality is immoral, say almost 3 in 10 Coalition voters

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Original article by Roy Morgan Research
Market Research Update – Page: Online : 30-Jun-16

A Roy Morgan Single Source survey has found that 21 per cent of Australian voters agree with the statement that "homosexuality is immoral". The survey, which has been carried out since the last federal election in September 2013, also shows that 28 per cent of Liberal Party voters and 32 per cent of National Party voters (or 28 per cent of Coalition voters overall) believe that homosexuality is immoral. This compares with 15 per cent of ALP voters and four per cent of Greens voters, while 31 per cent of Independent/Other voters agree with the statement. Eight of the top 10 electorates in which voters are most likely to believe that homosexuality is immoral are held by the Coalition.

CORPORATES
ROY MORGAN RESEARCH LIMITED, LIBERAL PARTY OF AUSTRALIA, NATIONAL PARTY OF AUSTRALIA, AUSTRALIAN LABOR PARTY, AUSTRALIAN GREENS

ASX enjoys sweet end to sour financial year

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Original article by Jessica Sier
The Australian Financial Review – Page: 29 : 1-Jul-16

The Australian sharemarket posted solid gains on 30 June 2016, with the S&P/ASX 200 adding 1.8 per cent to end the financial year at 5,233.4. The Commonwealth Bank was 1.2 per cent higher at $A74.37 and BHP Billiton advanced 1.9 per cent to end the session at $A18.65. Woodside Petroleum rose 2.8 per cent to close at $A26.84 and Mayne Pharma was up 35.1 per cent at $A1.09. The benchmark index shed 4.1 per cent in 2015-16.

CORPORATES
STANDARD AND POOR’S ASX 200 INDEX, COMMONWEALTH BANK OF AUSTRALIA – ASX CBA, BHP BILLITON LIMITED – ASX BHP, WOODSIDE PETROLEUM LIMITED – ASX WPL, MAYNE PHARMA GROUP LIMITED – ASX MYX, RIO TINTO LIMITED – ASX RIO, FORTESCUE METALS GROUP LIMITED – ASX FMG, NEWCREST MINING LIMITED – ASX NCM, WESTPAC BANKING CORPORATION – ASX WBC, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ, NATIONAL AUSTRALIA BANK LIMITED – ASX NAB, TELSTRA CORPORATION LIMITED – ASX TLS, WOOLWORTHS LIMITED – ASX WOW, WESFARMERS LIMITED – ASX WES, PM CAPITAL LIMITED, PERPETUAL INVESTMENTS, RESERVE BANK OF AUSTRALIA, COLES SUPERMARKETS AUSTRALIA PTY LTD, STANDARD AND POOR’S ASX ALL ORDINARIES INDEX, FTSE 100 INDEX, FTSE 250 INDEX

Burn the votes

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Original article by Ellen Whinnett, Rob Harris, Annika Smethurst
Herald Sun – Page: 1 & 4 : 1-Jul-16

There is concern within the Australian Labor Party that the dispute over union control of Victoria’s Country Fire Authority may cost it the federal election. Labor must win 21 seats nationwide in order to win the election, but it now seems unlikely to win the Victorian marginal seats of Dunkley and Corangamite due to the CFA dispute. Some federal Labor MPs have criticised the handling of the dispute by Premier Daniel Andrews, with federal Opposition Leader Bill Shorten also expressing dissatisfaction with the state government’s actions.

CORPORATES
AUSTRALIAN LABOR PARTY, VICTORIA. COUNTRY FIRE AUTHORITY, VICTORIA. DEPT OF PREMIER AND CABINET, UNITED FIREFIGHTERS’ UNION OF AUSTRALIA, VICTORIA. DEPT OF JUSTICE AND REGULATION, GALAXY RESEARCH PTY LTD

Nine escapes with fine as mum, abductors face seven years’ jail

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Original article by Jacquelin Magnay
The Australian – Page: 1 & 2 : 1-Jul-16

Members of a "60 Minutes" team will be fined less than $A1,000 for their role in the Lebanon child-kidnapping scandal, after being charged with minor offences by a Beirut court. However, Sally Faulkner will face kidnapping charges over the failed attempt to remove her children from the custody of her estranged husband and return them to Australia. Adam Whittington and three member of his child-recovery team also face kidnapping charges. The Nine Network is believed to have paid more than $A2m in legal and other costs as a result of the scandal.

CORPORATES
NINE NETWORK AUSTRALIA LIMITED, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC

Coalition declines more IR changes

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Original article by Ewin Hannan
The Australian Financial Review – Page: 6 : 1-Jul-16

Cabinet secretary Arthur Sinodinos has indicated that the Coalition will consider the Productivity Commission’s recommendations on workplace reform if it wins the federal election. The Coalition has in the past expressed its intention to respond to the recommendations prior to the poll, but Sinodinos said the Coalition will consult with all interested parties before issuing a formal response. Australian Chamber of Commerce & Industry CEO James Pearson says the business sector will continue to push for industrial relations reform.

CORPORATES
AUSTRALIAN CHAMBER OF COMMERCE AND INDUSTRY, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, AUSTRALIAN BUILDING AND CONSTRUCTION COMMISSION, AUSTRALIA. ROAD SAFETY REMUNERATION TRIBUNAL, ACTU