Author: roymorgansocial

The boats v Medicare fear election

roymorgansocial Leave a comment

Original article by Phillip Coorey
The Australian Financial Review – Page: 1 & 6 : 23-Jun-16

The future of Medicare was again under scrutiny on 22 June 2016, with Opposition Leader Bill Shorten describing the universal healthcare system as a "birthright" of Australians. Meanwhile, Prime Minister Malcolm Turnbull has reiterated that his government will seek to overhaul the Medicare payments system rather than outsourcing it. Turnbull has also attempted to divert attention from claims about the privatisation of Medicare by warning that the Australian Labor Party’s border protection policies would result in an influx of asylum seekers.

CORPORATES
AUSTRALIAN LABOR PARTY, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, AUSTRALIA. DEPT OF HUMAN SERVICES. MEDICARE AUSTRALIA, AUSTRALIA. DEPT OF IMMIGRATION AND BORDER PROTECTION, LIBERAL PARTY OF AUSTRALIA, AUSTRALIAN MEDICAL ASSOCIATION LIMITED

‘Honest Government’ and ‘Managing the Economy’ the biggest issues in Higgins, Indi, Mayo & Menzies

roymorgansocial Leave a comment

Original article by Roy Morgan Research
Morgan Poll Update – Page: Online : 21-Jun-16

A Snap SMS Roy Morgan ‘issues’ survey has found that ‘Honest Government’ (30 per cent) and ‘Managing the Economy’ (24 per cent) are regarded as the key issues for electors in the four key seats of Higgins, Indi, Mayo and Menzies two weeks before the 2016 Federal Election. The electorates’ ranking of issues today are very different than those found by a Roy Morgan ‘issues’ survey conducted over the 30 months since the last Federal Election in September 2013. Over the period before the Federal Election was called the main issues in the electorates were ‘Keeping day-to-day living costs down’ (31 per cent), ‘Improving health services and hospitals’ (27 per cent), ‘Managing the economy’ (23 per cent) and ‘Improving education’ (20 per cent). Electors were shown a list of issues and asked: "Which three issues are most important to you".

CORPORATES
ROY MORGAN RESEARCH LIMITED, LIBERAL PARTY OF AUSTRALIA, AUSTRALIAN LABOR PARTY, AUSTRALIAN GREENS, NICK XENOPHON TEAM

ANZ-Roy Morgan Australian Consumer Confidence spikes to 118.8 – highest in 2 1/2 years

roymorgansocial Leave a comment

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

ANZ-Roy Morgan Australian Consumer Confidence rose 2.1 per cent to 118.8 in the week ending 19 June 2016, and it now stands at the highest level since November 2013. Good news released last week about the Australian labour market and the business sector is likely to have lifted sentiment. The increase in confidence was broad-based, with consumers’ views about their finances leading the gains. The indicator on "finances compared to a year ago" rose 3.1 per cent, and views towards "economic conditions in the next 12 months" increased by two per cent.

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

Destination cyberspace: Australia’s most popular travel and tourism websites

roymorgansocial Leave a comment

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

A Roy Morgan Single Source survey has found that 13.7 per cent of Australians aged 14+ (2.7 million people) visited the Qantas website in an average four weeks during the year to March 2016. This was followed by the Booking.com and Jetstar websites, which each attracted 9.7 per cent of the population (or 1.9 million people) in an average four weeks. Besides the airlines and the Flight Centre website, the Top 15 travel websites are dominated by online-only businesses: mainly booking sites, but also News Corp-owned news.com.au/travel (5.3 per cent) and Fairfax-owned Traveller.com.au (3.8 per cent).

CORPORATES
ROY MORGAN RESEARCH LIMITED, QANTAS AIRWAYS LIMITED – ASX QAN, BOOKING.COM BV, JETSTAR AIRLINES PTY LTD, VIRGIN AUSTRALIA HOLDINGS LIMITED – ASX VAH, TRIPADVISOR LLC, FLIGHT CENTRE TRAVEL GROUP LIMITED – ASX FLT, NEWS CORP AUSTRALIA PTY LTD, FAIRFAX MEDIA LIMITED – ASX FXJ, WOTIF.COM HOLDINGS LIMITED

Twitter: a bird in the hand for 5.4m Australians

roymorgansocial Leave a comment

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

A Roy Morgan Single Source survey has found that 28 per cent of Australians aged 14+ (5.4 million) used Twitter in an average four weeks in the year to March 2016. This represents around 1.75 per cent of Twitter’s self-reported worldwide monthly audience (or around 1 in 57 users). The survey also shows that 38 per cent of Australians aged 14-24 use Twitter in an average month, compared with just 19 per cent of those aged 50+. Analysis by gender shows that 30 per cent of Australian men and 26 per cent of Australian women use Twitter in an average month. Meanwhile, 30 per cent of capital city residents and 23 per cent of people in country areas use Twitter in an average month.

CORPORATES
ROY MORGAN RESEARCH LIMITED, TWITTER INCORPORATED, FACEBOOK INCORPORATED, INSTAGRAM LLC, SNAPCHAT INCORPORATED, MICROSOFT CORPORATION, LINKEDIN CORPORATION

Commodities glut will last 10 years, says BHP

roymorgansocial Leave a comment

Original article by John Kehoe
The Australian Financial Review – Page: 18 : 22-Jun-16

BHP Billiton CEO Andrew Mackenzie says factors such as a low cost base means the group is in a better position to ride out the downturn in commodity prices than many rivals. He has forecast that the global oversupply of key commodities could to persist for about 10 years due to the big increase in capital investment during the resources boom. Mackenzie adds that demand and supply of iron ore in particular is likely to be take a long time to return to balance.

CORPORATES
BHP BILLITON LIMITED – ASX BHP, RIO TINTO LIMITED – ASX RIO, VALE SA, ASIA SOCIETY

Record fine for 7-Eleven exploitation

roymorgansocial Leave a comment

Original article by Anna Patty
The Age – Page: 2 : 22-Jun-16

The Federal Circuit Court has ordered a 7-Eleven franchisee to pay $A408,348 in penalties for underpaying staff. The court has found that the Brisbane store’s owner had underpaid 12 employees more than $A82,000 and had falsified the store’s payroll records. Judge Michael Jarrett said the franchisee had displayed "contemptuous disregard" for workplace laws. He was ordered to pay the outstanding wages, although the employees are still owed about $A35,000.

CORPORATES
7-ELEVEN STORES PTY LTD, FEDERAL CIRCUIT COURT OF AUSTRALIA, AUSTRALIA. FAIR WORK COMMISSION, AUSTRALIA. FAIR WORK OMBUDSMAN

Rio’s Harding departs in sweeping executive restructure

roymorgansocial Leave a comment

Original article by James Thomson, Tess Ingram
The Australian Financial Review – Page: 15 : 22-Jun-16

Rio Tinto has advised that Chris Salisbury will replace Andrew Harding as the head of its iron ore division. Harding’s departure is part of a broader restructuring at Rio Tinto as it transitions to new CEO Jean-Sebastien Jacques. Joanne Farrell will become the MD of Rio Tinto’s Australian operations, as well as group executive for health, safety and environment. Arnaud Soirat will be CEO of copper and diamonds, and Alan Davies takes on the role of CEO of energy and minerals. Harding had been a candidate to succeed Sam Walsh as Rio Tinto CEO.

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

Nation’s home values fall for first time in 14 quarters

roymorgansocial Leave a comment

Original article by Michael Bleby
The Australian Financial Review – Page: 32 : 22-Jun-16

Residential property prices in Australia’s eight capital cities fell by 0.2 in the March 2016 quarter, according to new data from the Australian Bureau of Statistics. The index of dwelling values had not fallen since the September 2014 quarter. There was an 0.8 per cent decline in the value of attached dwellings compared with the December 2015 quarter, including a fall of 0.6 per cent in Sydney. Paul Bloxham of HSBC expects a sharp fall in house price growth in both Sydney and Melbourne in the near-term.

CORPORATES
AUSTRALIAN BUREAU OF STATISTICS, HSBC AUSTRALIA HOLDINGS PTY LTD, BELLE PROPERTY PTY LTD, SAVILLS CORDEAU MARSHALL

Thwarted Guvera eyes an alternative listing

roymorgansocial Leave a comment

Original article by David Swan
The Australian – Page: 21 : 22-Jun-16

Streaming music provider Guvera may seek to list on the National Stock Exchange after its IPO was vetoed by ASX Limited. Listing on the NSX is believed to be one of the options under consideration by Guvera, which posted a loss of about $A80m for the first nine months of 2015-16. The company’s business model has been criticised by its former COO, Michael Wallis-Brown. Atlassian co-founder Mike Cannon-Brookes has also supported the ASX’s decision to block the IPO.

CORPORATES
GUVERA LIMITED, ASX LIMITED – ASX ASX, NATIONAL STOCK EXCHANGE OF AUSTRALIA LIMITED, ATLASSIAN CORPORATION PLC, AMMA PRIVATE EQUITY PTY LTD