Author: roymorgansocial

Turnbull is winning despite polls

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Original article by Phillip Coorey
The Australian Financial Review – Page: 1 & 4 : 24-May-16

Strategists for both the Liberal-National Coalition and the Australian Labor Party agree that the outcome of the federal election on 2 July 2016 remains too close to call. Although most public opinion polls suggest that Labor will win the election, analysis shows that the Coalition would in fact win if the election were held now, as the swing to Labor has not been sufficient in the seats it needs to win in order to take office. The Coalition won the 2013 election with 53.5 per cent of the vote on a two-party preferred basis.

CORPORATES
LIBERAL PARTY OF AUSTRALIA, NATIONAL PARTY OF AUSTRALIA, AUSTRALIAN LABOR PARTY, FAIRFAX MEDIA LIMITED – ASX FXJ, IPSOS AUSTRALIA PTY LTD, SEVEN NETWORK LIMITED, REACHTEL PTY LTD, NEWSPOLL, LABOUR PARTY (GREAT BRITAIN), LIBERAL PARTY OF VICTORIA, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET

DomaCom, Lloyds in frame for Kidman sale

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Original article by Matthew Cranston
The Australian Financial Review – Page: 9 : 23-May-16

Lloyds Business Brokers and property crowdfunding group DomaCom have joined forces to submit a joint bid for the cattle station portfolio of S. Kidman & Company. Their $A370m bid values Kidman’s land holdings at $A210m, while its operating businesses are valued at $A160m. The Kidman sale has been re-opened after Treasurer Scott Morrison issued a preliminary ruling that its sale to Chinese investors was not in the national interest.

CORPORATES
S KIDMAN AND COMPANY PTY LTD, LLOYDS BUSINESS BROKERS INTERNATIONAL PTY LTD, DOMACOM PTY LTD, AUSTRALIA. DEPT OF THE TREASURY, DAKANG AUSTRALIA HOLDINGS PTY LTD, ERNST AND YOUNG, RIFA SALUTARY PTY LTD, ZHEJIANG RIFA HOLDING GROUP

Economic Issues the key to the Federal Election

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Original article by Roy Morgan Research
Morgan Poll Update – Page: Online : 20-May-16

A special Roy Morgan telephone survey, which was carried out on 4-5 May 2016, has found that 42 per cent of Australians aged 14+ regard Economic and Financial Issues as the most important set of problems facing the nation. This has increased by four per cent since October 2015. The survey also shows that 13 per cent of Australians rate Religion/Immigration/Human Rights Issues as the biggest problems facing the country (down three per cent). Meanwhile, 25 per cent of Australians identified Environmental Issues as the biggest problems facing the world (up four per cent).

CORPORATES
ROY MORGAN RESEARCH LIMITED

Stop digging, we’re deep enough in this fiscal hole

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Original article by Judith Sloan
The Weekend Australian – Page: 24 : 21-May-16

The Australian Government’s policies means the nation faces cumulative budget deficits of $A85bn over the next four years, although this is based on GDP and revenue projections that are unlikely to be realised. The May 2016 Budget papers also show that the deficit will blow out to $A584bn in 2019-20, compared with $A499bn in 2016-17. Australia is almost certain to lose its triple-A credit rating long before 2025-26, when the deficit will top $A647bn. However, the Australian Labor Party’s election policies would ensure that the Budget is even worse off than under a Coalition government.

CORPORATES
AUSTRALIAN LABOR PARTY, LIBERAL PARTY OF AUSTRALIA, NATIONAL PARTY OF AUSTRALIA, AUSTRALIAN GREENS, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, AUSTRALIA. DEPT OF THE TREASURY, COUNCIL OF AUSTRALIAN GOVERNMENTS

Nine lures 1.2 million to 9Now

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Original article by Jake Mitchell
The Australian – Page: 25 : 23-May-16

The 9Now website of Nine Entertainment Company has gained almost 1.2 million subscribers since it was launched in February 2016. The site offers live streaming of Nine’s primary and digital channels, as well as a catch-up service. Access to 9Now is free, but users must register, which Nine’s chief marketing and digital officer Alex Parsons says has not been a deterrent. Data from Nielsen shows that 9Now boasted a unique audience of 1.6 million in March 2016.

CORPORATES
NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, THE NIELSEN COMPANY (AUSTRALIA) PTY LTD, FACEBOOK INCORPORATED, CRICKET AUSTRALIA, SINGTEL OPTUS PTY LTD, SEVEN WEST MEDIA LIMITED – ASX SWM, WIN CORPORATION PTY LTD, SUPREME COURT OF NEW SOUTH WALES

Labor’s $8b budget drag

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Original article by Laura Tingle
The Australian Financial Review – Page: 1 & 4 : 23-May-16

The Federal Opposition estimates that its proposal to abolish the pharmaceutical co-payment will cost nearly $A1bn over four years. The co-payment was outlined in the Australian Government’s 2014 Budget but has been stalled in the Senate. The Opposition has now announced some $A8bn worth of election promises in the areas of health and education. Prime Minister Malcolm Turnbull has called on Opposition Leader Bill Shorten to outline how the Australian Labor Party will fund its spending promises, arguing that it cannot do so without tax increases.

CORPORATES
AUSTRALIAN LABOR PARTY, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, AUSTRALIA. PARLIAMENTARY BUDGET OFFICE, AUSTRALIA. DEPT OF THE TREASURY

Double-dippers stand by rules

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Original article by Jared Owens, Rebecca Puddy, Sid Maher
The Australian – Page: 1 & 6 : 23-May-16

Some 52 past and current MPs have declared a financial interest in residential properties in Canberra since the 2013 federal election. While the majority have not replied to enquiries as to whether they had claimed a travel allowance for staying in their Canberra home, Australian Labor Party MP Brendan O’Connor is the only one to have stated that he did not make such a claim. Five MPs have acknowledged that they have claimed both the travel allowance and a tax deduction associated with their Canberra home.

CORPORATES
AUSTRALIAN LABOR PARTY, LIBERAL DEMOCRATIC PARTY, AUSTRALIA. DEPT OF FINANCE, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, AUSTRALIAN TAXATION OFFICE, AUSTRALIAN GREENS

Top-end sales and a lack of properties drive Sydney housing market

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Original article by Larry Schlesinger
The Australian Financial Review – Page: 7 : 23-May-16

Preliminary data from CoreLogic RP Data shows that Sydney’s residential property market boasted an auction clearance rate of 74 per cent on the weekend of 21-22 May 2016, with 700 homes going under the hammer. The preliminary clearance rate in Melbourne was 70.7 per cent, with 825 properties auctioned. Some 1,900 homes were auctioned across Australia’s capital cities, with a national clearance rate of 70 per cent.

CORPORATES
CORELOGIC AUSTRALIA PTY LTD, RP DATA LIMITED, BELLE PROPERTY PTY LTD, McGRATH LIMITED – ASX MEA

WIN nails affiliate deal with Ten

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Original article by Jake Mitchell
The Australian – Page: 23 : 23-May-16

WIN Corporation is set to finalise a five-year affiliation deal with the Ten Network, after the regional broadcaster was dumped by Nine Entertainment Company in April 2016. Ten is expected to receive a much lower proportion of WIN’s TV revenue under the content supply deal than the one struck by Southern Cross Media with Nine. Southern Cross and WIN will switch affiliation partners on 1 July 2016, which Dentsu Aegis Network Australia CEO Simon Ryan warns is likely to have a short-term impact on their revenue.

CORPORATES
WIN CORPORATION PTY LTD, TEN NETWORK HOLDINGS LIMITED – ASX TEN, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, SOUTHERN CROSS MEDIA GROUP LIMITED – ASX SXL, DENTSU AEGIS MEDIA AUSTRALIA PTY LTD, OPTIMUM MEDIA DIRECTION PTY LTD, PRIME MEDIA GROUP LIMITED – ASX PRT, SEVEN NETWORK LIMITED, SEVEN WEST MEDIA LIMITED – ASX SWM, AUSTRALIAN FOOTBALL LEAGUE, NATIONAL RUGBY LEAGUE, MINDSHARE, WPP AUNZ

Grove iFlicks the switch to revolutionise TV

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Original article by John Stensholt
The Australian Financial Review – Page: 31 : 23-May-16

Streaming video start-up iFlix boasts about two million paying customers in Asia after its first year in operation, according to founder Patrick Grove. The Australian entrepreneur, who is ranked 104th on the 2016 edition of the "BRW" Rich List, aims for iFlix to have one billion paying customers within a decade. iFlix currently has a presence in Malaysia, the Philippines and Thailand, and Groves has flagged plans to expand into Vietnam and Indonesia.

CORPORATES
IFLIX LIMITED, NETFLIX INCORPORATED, CATCHA GROUP, METRO-GOLDWYN-MAYER INCORPORATED, SKY PLC, EMTEK GROUP, PHILIPPINE LONG DISTANCE TELEPHONE COMPANY, TELKOM INDONESIA, ANDERSEN, IPROPERTY GROUP LIMITED, REA GROUP LIMITED – ASX REA, ICAR ASIA LIMITED – ASX ICQ, ENSOGO LIMITED – ASX E88, FRONTIER DIGITAL VENTURES