Author: roymorgansocial

Roy Morgan Image of Professions Survey 2016: Nurses still easily most highly regarded – followed by Doctors, Pharmacists & Engineers

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Original article by Roy Morgan Research
Market Research Update – Page: Online : 11-May-16

Roy Morgan Research’s annual Image of Professions survey has found that 92 per cent of Australians aged 14+ rate nurses as the most ethical and honest profession. The telephone survey, which was conducted on 4-5 May 2016, also shows that doctors (86 per cent) ranked second in terms of ethics and honesty, followed by pharmacists (86 per cent) and engineers (78 per cent). Roy Morgan Research executive chairman Gary Morgan notes that car salesmen maintained their ranking at the bottom of the list of 30 professions, with a rating of just four per cent, a position they have held for more than three decades.

CORPORATES
ROY MORGAN RESEARCH LIMITED

Australia’s reading habits: the good (and not-so-good) news

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Original article by Roy Morgan Research
Market Research Update – Page: Online : 10-May-16

A Roy Morgan Young Australians Survey has found that the proportion of Australians aged 6-13 who agree with the statement "I enjoy reading" rose from 73.7 per cent to 74.5 per cent between January 2010 and December 2015. The survey also shows that 81.9 per cent of girls enjoy reading (up from 80.1 per cent in 2010), compared with 67.5 per cent of boys (virtually unchanged from 67.6 per cent in 2010). Whereas 74 per cent of 10-13 year-old girls and 61.3 per cent of boys the same age reported that they enjoyed reading in 2010, both groups have since shown increases. Meanwhile, the proportion of Australians aged 14+ who read books has decreased in recent years, most noticeably among women.

CORPORATES
ROY MORGAN RESEARCH LIMITED

Iron ore blows hole in budget

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Original article by David Uren
The Australian – Page: 6 : 11-May-16

Revenue forecasts in the Australian Government’s May 2016 Budget are based on expectations that the iron ore price will average $US55 over the next two years. The price of the steel input is currently trading at around this level, but futures market quotes in Singapore suggest that it could fall to about $US50. Meanwhile, Justin Smirk of Westpac warns that the iron ore price could potentially fall below $US40, before stabilising at about $US42.

CORPORATES
WESTPAC BANKING CORPORATION – ASX WBC, AUSTRALIA. DEPT OF THE TREASURY, BHP BILLITON LIMITED – ASX BHP, RIO TINTO LIMITED – ASX RIO, FORTESCUE METALS GROUP LIMITED – ASX FMG

ANZ-Roy Morgan Australian Consumer Confidence unchanged at 113.9 after RBA rate cut and Federal Budget

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Original article by Roy Morgan Research
Market Research Update – Page: Online : 10-May-16

The ANZ-Roy Morgan Consumer Confidence rating for Australia remained unchanged at 113.9 in the week ended 8 May 2016. While the Reserve Bank’s cut to the official cash rate is likely to have been well received, any positive impact looks to have been somewhat offset by consumers’ reaction to the Commonwealth Budget. Consumers’ views towards their current personal finances fell 0.8 per cent, and consumers’ views toward the economic conditions in the next 12 months fell 1.2 per cent.

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

Morgan’s property fight ends in stalemate

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Original article by Simon Johanson
The Age – Page: 32 : 11-May-16

The Supreme Court of Victoria has ruled that there are no grounds for either Roy Morgan Research or Impact Investment Group to terminate the former’s lease at 401 Collins Street, Melbourne. Justice Clyde found that neither party had breached the terms of the 10-year lease and are therefore not entitled to damages. The dispute centred on the replacement of the building’s elevators. Roy Morgan Research executive chairman Gary Morgan had withheld rent payments due to the dispute, which culminated in IIG locking the market research firm out of its premises.

CORPORATES
ROY MORGAN RESEARCH LIMITED, IMPACT INVESTMENT GROUP PTY LTD, SUPREME COURT OF VICTORIA

Pembroke buys $104m Peabody coal projects

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Original article by Matt Chambers
The Australian – Page: 22 : 11-May-16

Pembroke Resources has secured a deal to acquire the Olive Downs South, Olive Downs North and Willunga coking coal deposits in Queensland from Peabody Energy Australia in a $A104m deal. The tenements were previously owned by Macarthur Coal, which Peabody acquired in 2011. Pembroke, which is owned by US private equity firm Denham Capital, intends to pursue further acquisitions.

CORPORATES
PEMBROKE RESOURCES PTY LTD, PEABODY ENERGY AUSTRALIA COAL PTY LTD, PEABODY ENERGY CORPORATION, MACARTHUR COAL LIMITED, DENHAM CAPITAL MANAGEMENT LP, CITIC RESOURCES HOLDINGS LIMITED

Labor to revive 12 per cent super guarantee

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Original article by Phillip Coorey
The Australian Financial Review – Page: 4 : 11-May-16

Shadow treasurer Chris Bowen has told the National Press Club that the Australian Labor Party will act quickly to release a mini-Budget if it wins the federal election on 2 July 2016. He also indicated that Labor will reinstate plans to lift the employer superannuation contribution to 12 per cent. The Australian Government put this policy on hold after abolishing the mining tax. The super guarantee has been increased from nine per cent to 9.5 per cent, but at present it is not slated to rise to 12 per cent until 2025.

CORPORATES
AUSTRALIAN LABOR PARTY, NATIONAL PRESS CLUB (AUSTRALIA)

Publishers unite to spread the good word

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Original article by Darren Davidson
The Australian – Page: 19 & 22 : 11-May-16

A new report shows that the print and digital advertising revenue of Australia’s major news publishers fell by a lower-than-expected 6.7 per cent in 2015, to $A2.4bn. The News Media Index report outlines the advertising revenue of News Corp Australia, Fairfax Media, West Australian News­papers and APN News & Media, which account for around 90 per cent of the sector. Traditional media groups have been able to offset a decline in ad revenue with growth in digital subscriptions.

CORPORATES
NEWS CORP AUSTRALIA PTY LTD, NEWS CORPORATION – ASX NWS, FAIRFAX MEDIA LIMITED – ASX FXJ, WEST AUSTRALIAN NEWSPAPER HOLDINGS LIMITED, APN NEWS AND MEDIA LIMITED – ASX APN, SMI MEDIA INCORPORATED, THE NEWSPAPER WORKS LIMITED, NEWSMEDIAWORKS, PRICEWATERHOUSECOOPERS AUSTRALIA (INTERNATIONAL) PTY LTD

‘Fairfax news business can survive’

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Original article by Max Mason
The Australian Financial Review – Page: 18 : 11-May-16

Fairfax Media CEO Greg Hywood has stressed that the group is still primarily a media company rather than a digital real estate business. He is also confident that Fairfax’s news operations would be able to survive without the revenue contribution of the Domain property division. Fairfax’s revenue from its publishing operations has fallen by six per cent so far in the second half of 2015-16, while Domain’s revenue has grown by nine per cent.

CORPORATES
FAIRFAX MEDIA LIMITED – ASX FXJ, DOMAIN.COM.AU, THE NEWSPAPER WORKS LIMITED, NEWSMEDIAWORKS, SMI MEDIA INCORPORATED, NEWS CORP AUSTRALIA PTY LTD, NEWS CORPORATION – ASX NWS, SEVEN WEST MEDIA LIMITED – ASX SWM, APN NEWS AND MEDIA LIMITED – ASX APN, PRICEWATERHOUSECOOPERS AUSTRALIA (INTERNATIONAL) PTY LTD

Business lashes PM on super, tax

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Original article by Patrick Durkin, Phillip Coorey
The Australian Financial Review – Page: 1 & 5 : 11-May-16

Asciano chairman Malcolm Broomhead has questioned whether the Australian Government will act on its May 2016 Budget commitment to progressively reduce the company tax rate to 25 per cent. He says the Government has already broken its promise to make no changes to the superannuation regime, and criticised the retrospective nature of the super tax reforms. Treasurer Scott Morrison and Foreign Minister Julie Bishop have emphasised that the tax changes will only apply to future rather than past super earnings.

CORPORATES
ASCIANO LIMITED – ASX AIO, AUSTRALIA. DEPT OF THE TREASURY, AUSTRALIA. DEPT OF FOREIGN AFFAIRS AND TRADE, AUSTRALIAN LABOR PARTY, NATIONAL PARTY OF AUSTRALIA, WHITEHAVEN COAL LIMITED – ASX WHC, BHP BILLITON LIMITED – ASX BHP, HOST-PLUS, INSTITUTE OF PUBLIC AFFAIRS LIMITED, LIBERAL PARTY OF AUSTRALIA