Author: roymorgansocial

AMA head rejects Shorten’s Medicare scare campaign

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Original article by David Crowe, Sean Parnell
The Australian – Page: 8 : 22-Jun-16

Australian Medical Association president Michael Gannon has rejected suggestions that outsourcing the Medicare payments system would constitute the privatisation of Medicare itself. He argues that the payments system technology is outdated and needs to be overhauled. Medicare has featured prominently in the Australian Labor Party’s recent election campaigning. Gannon says the AMA supports some of Labor’s health care policies, but it does not endorse the party’s claims regarding the future of Medicare.

CORPORATES
AUSTRALIAN MEDICAL ASSOCIATION LIMITED, AUSTRALIA. DEPT OF HUMAN SERVICES. MEDICARE AUSTRALIA, AUSTRALIAN LABOR PARTY, THE ROYAL AUSTRALIAN COLLEGE OF GENERAL PRACTITIONERS, AUSTRALIA. DEPT OF THE TREASURY, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, AUSTRALIA. PRODUCTIVITY COMMISSION, AUSTRALIA. DEPT OF HEALTH, ST JOHN OF GOD HOSPITAL SUBIACO INCORPORATED, ACTU

Can Myer shrink to greatness?

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Original article by James Thomson
The Australian Financial Review – Page: 16 : 21-Jun-16

Credit Suisse analyst Grant Saligari suggests that Australian-listed department store group Myer should reduce its floor space by up to 20 per cent. Saligari visited Myer’s stores at Doncaster, Eastland, Chadstone and Highpoint in Victoria and concluded that their trading space – at more than 12,000 sq m in each – is excessive. Improvements in customer services and refurbishment of stores are also necessary.

CORPORATES
MYER HOLDINGS LIMITED – ASX MYR, CREDIT SUISSE (AUSTRALIA) LIMITED, BHP BILLITON LIMITED – ASX BHP

Nothing to sneeze (or cough) at: the annual cycle of throat lozenge and tissue sales

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Original article by Roy Morgan Research
Market Research Update – Page: Online : 20-Jun-16

A Roy Morgan Single Source survey has found that 36.2 per cent of Australians aged 14+ bought tissues/paper handkerchiefs in an average four-week period during the year to March 2016, and nine per cent bought throat lozenges/cough lollies. These figures have remained relatively stable over the last few years. The survey also shows that more Australians buy tissues and cough lollies during the July-September period than any other quarter. In 2015, some 14 per cent of Australians bought cough lozenges and 39.7 per cent bought tissues in an average four weeks during the July-September quarter (as opposed to 5.6 per cent and 32 per cent respectively in the January-March quarter). Meanwhile, a higher proportion of women than men buy these products at any time of the year, and this pattern is especially apparent during the peak July-September quarter.

CORPORATES
ROY MORGAN RESEARCH LIMITED

7 million Aussies now ‘can’t live without’ their smartphones

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Original article by Roy Morgan Research
Market Research Update – Page: Online : 20-Jun-16

A Roy Morgan Single Source survey has found that 45 per cent of Australian smartphone owners aged 14+ say they cannot live without their mobile. The survey, which was carried out in the year to March 2016, also shows that 63 per cent of smartphone owners agree that they need the device to help them juggle their work and personal life, while 59 per cent need a smartphone for their personal security, and 54 per cent need it to help them co-ordinate their social life. Analysis by brand shows that 50 per cent of Apple iPhone owners cannot live without their smartphone, compared with 42 per cent of Samsung users, 43 per cent of HTC users and 45 per cent of LG users.

CORPORATES
ROY MORGAN RESEARCH LIMITED, APPLE INCORPORATED, SAMSUNG ELECTRONICS COMPANY LIMITED, HTC CORPORATION, LG ELECTRONICS, NOKIA OY AB, SONY CORPORATION, HUAWEI TECHNOLOGIES COMPANY LIMITED

Shorten’s policies ‘to cut house prices’

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Original article by Sid Maher
The Australian – Page: 1 & 8 : 21-Jun-16

Adept Economics has released the results of independent modelling which suggests that house prices would fall by an average of four per cent if the Australian Labor Party’s proposed changes to the negative gearing and capital gains tax regimes are implemented. The modelling also suggests that apartments in inner-city regions could fall be up to five per cent. The report, which was produced on behalf of Walshs Financial Planning, concludes that there are risks associated with the policy, and changes should be made if Labor wins the 2016 federal election.

CORPORATES
ADEPT ECONOMICS, WALSHS FINANCIAL PLANNING PTY LTD, AUSTRALIAN LABOR PARTY, AUSTRALIA. DEPT OF THE TREASURY, AUSTRALIAN TAXATION OFFICE, GRATTAN INSTITUTE, URBAN DEVELOPMENT INSTITUTE OF AUSTRALIA

Fortescue unperturbed by reports of Vale talks

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Original article by Tess Ingram
The Australian Financial Review – Page: 15 : 21-Jun-16

A Bloomberg report has suggested that Brazil’s Vale may sell a stake in its iron ore assets to Asian investors for up to $US7bn. Australian-listed Fortescue Metals Group has downplayed the likely impact of such a deal on its proposed iron ore blending joint venture with Vale. A Fortescue spokesman has reiterated that the group hopes to commence marketing the blended product to Chinese customers in the second half of 2016.

CORPORATES
FORTESCUE METALS GROUP LIMITED – ASX FMG, VALE SA, BELL POTTER SECURITIES LIMITED

Guvera critics back ASX ban

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Original article by Yolanda Redrup, Sally Rose
The Australian Financial Review – Page: 15 : 21-Jun-16

Axstra Capital MD Reuben Buchanan and Atlassian co-founder Mike Cannon-Brookes have expressed support for the ASX’s decision to block Guvera’s IPO. The latter says investors would have lost their money if the streaming music provider’s IPO had been allowed to proceed. Guvera posted an $A81m loss in 2014-15, on revenue of just $A1.2m. However, TechnologyOne CEO Adrian Di Marco has criticised the ASX’s decision.

CORPORATES
GUVERA LIMITED, AXSTRA CAPITAL PTY LTD, ATLASSIAN CORPORATION PLC, TECHNOLOGY ONE LIMITED – ASX TNE, ASX LIMITED – ASX ASX, AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION, BITCOIN GROUP LIMITED, EM ADVISORY PTY LTD, REDBUBBLE LIMITED – ASX RBL, AMMA PRIVATE EQUITY PTY LTD

Childcare sector on track for record investment year

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Original article by Larry Schlesinger
The Australian Financial Review – Page: 34 : 21-Jun-16

Colliers International has reported strong demand for investments in the childcare sector. The commercial real estate company states in its report, titled "Child Care: Australia’s Burgeoning Real Estate Investment Class", that 18 childcare centre were sold in the first half of 2016, at yields ranging between 3.9 per cent and 7.3 per cent. There were 33 childcare centre sales in 2015 and only two in 2008.

CORPORATES
COLLIERS INTERNATIONAL HOLDINGS (AUSTRALIA) LIMITED, ARENA REIT – ASX ARF, FOLKESTONE EDUCATION TRUST – ASX FET, G8 EDUCATION LIMITED – ASX GEM, GOODSTART EARLY LEARNING LIMITED, MORGAN STANLEY REAL ESTATE INVESTMENT TRUST INDEX, AUSTRALIAN CHILDCARE PROJECTS LIMITED

Gold deals tipped to heat up in West Africa

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Original article by Tess Ingram
The Australian Financial Review – Page: 18 : 21-Jun-16

Shares in Australian-listed Gryphon Minerals finished 22.2 per cent higher at $A0.165 on 20 June 2016, in response to a takover bid from Teranga Gold. Both companies have gold projects in West Africa, and Scott Williamson of Hartleys anticipates further consolidation among gold players with a presence in the region. Duncan Hughes of Somers & Partners expects North American miners in particular to target West Africa-focused Australian gold producers.

CORPORATES
GRYPHON MINERALS LIMITED – ASX GRY, TERANGA GOLD CORPORATION – ASX TGZ, HARTLEYS LIMITED, SOMERS AND PARTNERS PTY LTD, PERSEUS MINING LIMITED – ASX PRU, AMARA MINING, ENDEAVOUR MINING CORPORATION, TRUE GOLD MINING, RESOLUTE MINING LIMITED – ASX RSG, WEST AFRICAN RESOURCES LIMITED – ASX WAF, CARDINAL RESOURCES LIMITED – ASX CDV

ASX rallies on signs of a shift in UK polls

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Original article by Vanessa Desloires
The Australian Financial Review – Page: 30 : 21-Jun-16

The Australian sharemarket posted strong gains on 20 June 2016, with the S&P/ASX 200 adding 1.8 per cent to close at 5,256. Asian markets also rose in response to a poll which found that support is growing among British voters to remain in the European Union. Commonwealth Bank was three per cent higher at $A74.20 and BHP Billiton was up 4.4 per cent at $A18.87. However, Northern Star Resources was down 3.5 per cent at $A4.66 and Metcash shed 12.5 per cent to end the session at $A1.86.

CORPORATES
STANDARD AND POOR’S ASX 200 INDEX, COMMONWEALTH BANK OF AUSTRALIA – ASX CBA, BHP BILLITON LIMITED – ASX BHP, NORTHERN STAR RESOURCES LIMITED – ASX NST, METCASH LIMITED – ASX MTS, RIO TINTO LIMITED – ASX RIO, WOODSIDE PETROLEUM LIMITED – ASX WPL, ORIGIN ENERGY LIMITED – ASX ORG, SANTOS LIMITED – ASX STO, WESTPAC BANKING CORPORATION – ASX WBC, NATIONAL AUSTRALIA BANK LIMITED – ASX NAB, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ, TELSTRA CORPORATION LIMITED – ASX TLS, WOOLWORTHS LIMITED – ASX WOW, WESFARMERS LIMITED – ASX WES, EVOLUTION MINING LIMITED – ASX EVN, REGIS RESOURCES LIMITED – ASX RRL, MESOBLAST LIMITED – ASX MSB, HENDERSON GROUP PLC – ASX HGG, CYBG PLC – ASX CYB, CSL LIMITED – ASX CSL, COCHLEAR LIMITED – ASX COH, PATERSONS SECURITIES LIMITED, STANDARD AND POOR’S ASX ALL ORDINARIES INDEX, HANG SENG INDEX, NIKKEI 225 INDEX