Author: roymorgansocial

Country Aussies cheesier than their capital-city counterparts

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Original article by Roy Morgan Research
Market Research Update – Page: Online : 23-Feb-16

A Roy Morgan Single Source survey has found that 79 per cent of Australian grocery buyers aged 14+ in capital cities and 84 per cent of those in country areas bought block, sliced and/or grated cheese in an average four weeks during the year to September 2015. This pattern can be seen across all states except Western Australia and Tasmania, where capital-city grocery buyers are more likely to shop for cheese than their rural counterparts. In every state, supermarket brands are the most popular choice for city and rural residents alike, with Bega in second place in most instances.

CORPORATES
ROY MORGAN RESEARCH LIMITED, BEGA CHEESE LIMITED – ASX BGA

Newcrest pays $36m to settle class action

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Original article by Barry FitzGerald
The Australian – Page: 20 : 23-Feb-16

Gold producer Newcrest Mining has agreed to a $A36m out-of-court settlement in a class action over its disclosure standards. The case was scheduled to begin on 29 February 2016, but Newcrest has decided that a settlement is in the best interests of shareholders. Plaintiff law firm Slater & Gordon initiated a class action on behalf of shareholders with regard to Newcrest’s breach of continuous disclosure requirements in 2012 and 2013.

CORPORATES
NEWCREST MINING LIMITED – ASX NCM, SLATER AND GORDON LIMITED – ASX SGH, AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION

Client Liaison on The Mix

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Original article by Roy Morgan Research
Market Research Update – Page: Online : 23-Feb-16

ABC personality James Valentine hosts the public broadcaster’s weekly arts, entertainment and culture program, The Mix, which is broadcast on ABC News 24, the main ABC channel and iView. In this week’s episode, Monte Morgan and Harvey Miller of Melbourne band Client Liaison discuss the influence of Prince on their music and costume design.

CORPORATES
AUSTRALIAN BROADCASTING CORPORATION

Private equity floats lag for second year

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Original article by Vesna Poljak
The Australian Financial Review – Page: 17 : 23-Feb-16

New figures show that Australian IPOs in 2015 that were backed by private equity firms delivered an average return of 13.1 per cent. In contrast, the average return of IPOs that had no private equity involvement was 19.3 per cent. Private equity-backed IPOs have not outperformed since 2013, when they achieved an average return of 19.6 per cent. However, they have comfortably exceeded the performance of non-private equity IPOs over a three-year period.

CORPORATES
AUSTRALIAN PRIVATE EQUITY AND VENTURE CAPITAL ASSOCIATION LIMITED, NM ROTHSCHILD AUSTRALIA HOLDINGS PTY LTD, GATEWAY LIFESTYLE – ASX GTY, CBL CORPORATION LIMITED – ASX CBL, BESTON GLOBAL FOOD COMPANY LIMITED – ASX BFC, PEPPER GROUP LIMITED – ASX PEP, MYER HOLDINGS LIMITED – ASX MYR, DICK SMITH HOLDINGS LIMITED – ASX DSH, ECLIPX GROUP LIMITED – ASX ECX, ANCHORAGE CAPITAL PARTNERS PTY LTD, McALEESE LIMITED – ASX MCS

Technology, urbanisation drive billboard surge

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Original article by Jake Mitchell
The Australian – Page: 22 : 23-Feb-16

Australian-listed APN Outdoor has posted a 2015 pro-forma net profit of $A43.3m, which is 83 per cent higher than previously. It is also 53 per cent higher than forecast in the prospectus for its December 2014 IPO. The outdoor advertising group’s EBITDA of $A73.3m was 62 per cent higher than previously. Meanwhile, rival oOh! Media has also exceeded its prospectus forecasts, with a 2015 pro-forma net profit of $A28.5m and EBITDA of $A57.7m.

CORPORATES
APN OUTDOOR GROUP LIMITED – ASX APO, OOH!MEDIA LIMITED – ASX OML, OUTDOOR MEDIA ASSOCIATION INCORPORATED

Not all liquor stores were created equal

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Original article by Roy Morgan Research
Market Research Update – Page: Online : 22-Feb-16

A Roy Morgan Single Source survey, which was carried out in the year to September 2015, has found that 47 per cent of Australians aged 18+ who buy alcohol in an average four weeks believe that "all liquor stores are about the same". This compares with 56 per cent in the year to September 2006. Meanwhile, the proportion who agree that "no single liquor store is best, but two or three are better than others" has risen from 35 per cent to 42 per cent over the same time period; and those who feel that "one liquor store is the very best" rose from six per cent to nine per cent. Among alcohol-buyers who feel that "two or three stores are better than others", 78 per cent nominated Dan Murphy’s, ahead of BWS (38 per cent), Liquorland (28 per cent) and 1st Choice (23 per cent).

CORPORATES
ROY MORGAN RESEARCH LIMITED, DAN MURPHY’S, BWS – BEER WINE SPIRITS, LIQUORLAND (AUSTRALIA) PTY LTD, FIRST CHOICE LIQUOR SUPERSTORE

Not your mother’s Newspoll: robo-poll not quite what it seems

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Original article by Edmund Tadros
The Australian Financial Review – Page: 4 : 23-Feb-16

The latest Morgan Poll, which uses both face-to-face and SMS interviews, has found that support for the Coalition on a two-party preferred basis is steady at 52.5 per cent. In contrast, the latest Newspoll suggests that support for the Coalition and the Australian Labor Party is tied at 50 per cent apiece. However, the Newspoll is now conducted by Galaxy Research, which uses a combination of automated "robo-polling" and online surveys rather than telephone surveys.

CORPORATES
MORGAN POLL, ROY MORGAN RESEARCH LIMITED, NEWSPOLL, GALAXY RESEARCH PTY LTD, IPSOS AUSTRALIA PTY LTD, FAIRFAX MEDIA LIMITED – ASX FXJ, MACQUARIE UNIVERSITY, LIBERAL PARTY OF AUSTRALIA, NATIONAL PARTY OF AUSTRALIA, AUSTRALIAN LABOR PARTY

Federal Voting Intention unchanged: L-NP 52.5% maintain clear 2PP lead over ALP 47.5%

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Original article by Roy Morgan Research
Morgan Poll Update – Page: Online : 22-Feb-16

A multi-mode Morgan Poll on Federal voting intention has found that support for Australia’s ruling Liberal-National Coalition on a two-party preferred basis is steady at 52.5 per cent. The poll, which was carried out on the weekends of 13-14 and 20-21 February 2016, also shows that the Coalition’s primary vote is unchanged at 43.5 per cent, while the Roy Morgan Government Confidence Rating has fallen by 7.5 points to 105. Roy Morgan Research executive chairman Gary Morgan says Prime Minister Malcolm Turnbull and Treasurer Scott Morrison need to outline the policies and reforms they will stake this Government on now rather than waiting until Morrison delivers his first Federal Budget in May or when Turnbull decides to call an election.

CORPORATES
MORGAN POLL, ROY MORGAN RESEARCH LIMITED, LIBERAL PARTY OF AUSTRALIA, NATIONAL PARTY OF AUSTRALIA, AUSTRALIAN LABOR PARTY, AUSTRALIAN GREENS, KATTER’S AUSTRALIAN PARTY, PALMER UNITED PARTY, NICK XENOPHON TEAM, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET

Turnbull: no change to capital gains tax

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Original article by Sid Maher
The Australian – Page: 1 & 4 : 23-Feb-16

The Australian Government’s options for tax reform have become more limited after Prime Minister Malcolm Turnbull told Parliament that changes to the capital gains tax regime are not on its agenda. Turnbull warned that the Opposition’s proposed capital gains tax reforms will deter investment in Australia, while its policy on negative gearing would adversely affect house prices. Changes to superannuation tax concessions and tax deductions for work-related expenses are among the few tax reform options that are still available to the Government.

CORPORATES
AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, AUSTRALIAN LABOR PARTY, AUSTRALIA. DEPT OF FINANCE, BUSINESS COUNCIL OF AUSTRALIA, BLUESCOPE STEEL LIMITED – ASX BSL, PROPERTY COUNCIL OF AUSTRALIA LIMITED, AUSTRALIAN NATIONAL UNIVERSITY, AUSTRALIA. DEPT OF THE TREASURY, NEWSPOLL

Large rivals may spur nib M&A

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Original article by Tim Binsted
The Australian Financial Review – Page: 17 : 23-Feb-16

Australian-listed private health insurer NIB Holdings has posted a 2015-16 interim profit of $A43.4m, which is five per cent higher than previously. The group’s net premium revenue was up 10.5 per cent at $A781.3m, and gross margins rose from 13.4 per cent to 15.1 per cent. MD Mark Fitzgibbon says NIB would be open to acquisitions, particularly as Medibank Private and Bupa are becoming increasingly competitive.

CORPORATES
NIB HOLDINGS LIMITED – ASX NHF, MEDIBANK PRIVATE LIMITED – ASX MPL, BUPA AUSTRALIA PTY LTD, ONEPATH AUSTRALIA LIMITED, SOUTHERN CROSS HEALTH LIMITED, AUSTRALIA. DEPT OF HEALTH