Author: roymorgansocial

A numbers game and semantic antics as Realestate and Domain fight over whose app is bigger or better

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Original article by Roy Morgan Research
Market Research Update – Page: Online : 18-Feb-16

A Roy Morgan Single Source survey has found that 1,968,000 Australians aged 14+ have ever downloaded the Realestate.com.au app to one or more mobile devices, and 1,295,000 have downloaded the rival Domain app. The survey, which was carried out in the three months to December 2015, also shows that 30 per cent of those with either app (or 752,000 people) have downloaded both. Meanwhile, 1,414,000 Australians aged 14+ used the Realestate.com.au app in an average four weeks during the December quarter, while 901,000 used the Domain app.

CORPORATES
ROY MORGAN RESEARCH LIMITED, REALESTATE.COM.AU, DOMAIN.COM.AU

Roy Morgan announces winners of the 2015 Customer Satisfaction Awards

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Original article by Roy Morgan Research
Market Research Update – Page: Online : 17-Feb-16

Roy Morgan Research announced the winners of its fifth annual Customer Satisfaction Awards for Australia on 17 February 2016. The awards recognise outstanding levels of customer satisfaction, as judged by more than 50,000 consumers throughout 2015. The 32 award categories cover sectors such as banking, insurance, superannuation, automotive, travel and hospitality, retail, telecommunications and utilities. Roy Morgan Research CEO Michele Levine says the awards are widely considered to be the most accurate, reliable measure of customer satisfaction in Australia. She adds that all of the 2015 award winners have one thing in common: they go the extra mile for their customers and their customers recognise their efforts.

CORPORATES
ROY MORGAN RESEARCH LIMITED, TEACHERS MUTUAL BANK LIMITED, COMMONWEALTH BANK OF AUSTRALIA – ASX CBA, GREATER BUILDING SOCIETY LIMITED, RACT INSURANCE PTY LTD, TEACHERS HEALTH FUND, REAL INSURANCE, ASGARD PTY LTD, ESSSUPER, SUPER CHEAP AUTO, DONUT KING, ROCKMANS STORES LIMITED, MYER HOLDINGS LIMITED – ASX MYR, HARRIS SCARFE HOLDINGS LIMITED, THE REJECT SHOP LIMITED – ASX TRS, BETTA HOME LIVING, HOME TIMBER AND HARDWARE, SOUL PATTINSON, PIZZA CAPERS, DAN MURPHY’S, THE ATHLETE’S FOOT AUSTRALIA PTY LTD, REBEL SPORT LIMITED, FOODLAND AUSTRALIA LIMITED, SOUTHERN PHONE COMPANY LIMITED, APPLE INCORPORATED, ALDIMOBILE, QANTAS AIRWAYS LIMITED – ASX QAN, SINGAPORE AIRLINES LIMITED, RED ENERGY PTY LTD, LEXUS AUSTRALIA

Spending spree hits tax cuts

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Original article by Phillip Coorey
The Australian Financial Review – Page: 1 & 4 : 18-Feb-16

Treasurer Scott Morrison says that fiscal prudence will only allow for "modest" income tax cuts in the May 2016 Budget. The tax-free threshold of $A18,200 is unlikely to be raised. Only those earning more than $A80,000 a year could count on some tax relief.

CORPORATES
AUSTRALIA. DEPT OF THE TREASURY, AUSTRALIA. DEPT OF FINANCE

The average Foxtel subscriber watches eight channels

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Original article by Roy Morgan Research
Market Research Update – Page: Online : 17-Feb-16

A Roy Morgan Single Source survey has found that 24 per cent of Australians aged 14+ who have a Foxtel subscription say there are between six and 10 channels that they especially choose to watch. The survey, which was carried out in the year to December 2015, also shows that 15 per cent of subscribers cite 11-15 channels, nine per cent cite 16-20 channels and six per cent have an extensive must-watch list comprising 21 or more channels. Meanwhile, 21 per cent of subscribers cite two to five channels of particular interest, and five per cent have just one channel that they especially choose to watch.

CORPORATES
ROY MORGAN RESEARCH LIMITED, FOXTEL MANAGEMENT PTY LTD

Australia at risk from hard landing in China

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Original article by Vanessa Desloires
The Australian Financial Review – Page: 35 : 18-Feb-16

The Chinese economy expanded by just 6.9 per cent in 2015, and Oxford Economics forecasts a gradual slowing of economic growth over the next five years. However, Sian Fenner of Oxford Economics warns that Australia could face a recession in 2016 if the Chinese economy experiences a "hard landing". Fenner adds that in the event of a recession the Reserve Bank could reduce the cash rate to just 0.25 per cent, which would limit the extent of the economic downturn.

CORPORATES
OXFORD ECONOMICS LIMITED, RESERVE BANK OF AUSTRALIA, AVIVA PLC, PEOPLE’S BANK OF CHINA, STANDARD AND POOR’S ASX ALL ORDINARIES INDEX

Lend Lease bets big on urban renewal

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Original article by Turi Condon
The Australian – Page: 26 : 18-Feb-16

Lend Lease Group has posted a 2015-16 interim net profit of $A353.8m, which is 12 per cent higher than previously. The property developer’s residential pre-sales rose by 49 per cent to $A5.4bn, and funds under management increased by 26 per cent to $A22bn. CFO Tony Lombardo will succeed Rod Leaver as the CEO of Lend Lease’s Asian business, and Tarun Gupta will take on the role of CFO. Lend Lease shares rose by $A0.57 to $A12.84 on 17 February 2016.

CORPORATES
LEND LEASE GROUP LIMITED – ASX LLC, MACQUARIE GROUP LIMITED – ASX MQG, COMMONWEALTH BANK OF AUSTRALIA – ASX CBA

Oil rout hinders Browse outlook

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Original article by Matt Chambers
The Australian – Page: 19 & 20 : 18-Feb-16

Oil and gas producer Woodside Petroleum has slashed its full-year dividend payout after posting a 2015 net profit of $US26m, compared with $US2.41bn previously. The group’s underlying profit of $US1.126bn exceeded market forecasts, although it was 53 per cent lower than in 2014. Woodside’s full-year result was marred by factors such as a $US865m write-down and the downturn in the crude oil price. Shareholders will receive a full-year dividend of $US1.09 per share.

CORPORATES
WOODSIDE PETROLEUM LIMITED – ASX WPL, CHEVRON CORPORATION, ROYAL DUTCH SHELL PLC, BP PLC, MITSUBISHI CORPORATION, MITSUI AND COMPANY LIMITED, PETROCHINA COMPANY LIMITED, ORGANISATION OF PETROLEUM EXPORTING COUNTRIES, MACQUARIE GROUP LIMITED – ASX MQG, AUSTRALIA. DEPT OF THE TREASURY

Coalition has ‘failed’ to deliver on workplace policy promises

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Original article by James Massola
The Age – Page: 4 : 18-Feb-16

The Australian Government has made just four changes to industrial relations laws since taking office in September 2013. However, it has failed to make much progress on most of the 14 election policy commitments it made regarding industrial relations. Key policies such as reinstating the Australian Building & Construction Commission and changes to union right of entry laws have been stalled in the Senate.

CORPORATES
AUSTRALIAN BUILDING AND CONSTRUCTION COMMISSION, AUSTRALIA. FAIR WORK COMMISSION, AUSTRALIA. ROAD SAFETY REMUNERATION TRIBUNAL, AUSTRALIA. PRODUCTIVITY COMMISSION, AUSTRALIA. DEPT OF EMPLOYMENT

Fast-food group tops recipe with big result

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Original article by Catie Low
The Australian Financial Review – Page: 23 : 18-Feb-16

Domino’s Pizza Enterprises has posted a 2015-16 interim net profit of $A43.3m, which is 49 per cent higher than previously. Revenue rose by 30 per cent to $A445.3m. The group forecasts a 35 per cent rise in both earnings and net profit for the full year. Meanwhile, Domino’s intends to increase its focus on the use of digital technology in its home delivery service, and CEO Don Meij says such technology could make drive-through services obsolete.

CORPORATES
DOMINO’S PIZZA ENTERPRISES LIMITED – ASX DMP, BAILLIEU HOLST LIMITED, UBER TECHNOLOGIES INCORPORATED, RED ROOSTER FOODS, McDONALD’S AUSTRALIA LIMITED, DELIVEROO

It’s all about a cut in licence fees: Worner

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Original article by Jake Mitchell
The Australian – Page: 19 : 18-Feb-16

Seven West Media has posted a 2015-16 interim net profit of $A135.2m, compared with a loss of $A993.6m previously. Underlying net profit rose by 2.1 per cent to $A140.3m, but revenue eased 4.1 per cent to $A896.7m. The TV division’s EBIT rose by two per cent to $A185.4m and revenue fell by 2.1 per cent to $A662.9m, while the newspaper division’s earnings fell 22 per cent to $A24m. CEO Tim Worner says reducing TV broadcasting licence fees should be the highest priority on the Federal Government’s media reform agenda.

CORPORATES
SEVEN WEST MEDIA LIMITED – ASX SWM, SEVEN NETWORK LIMITED, PACIFIC MAGAZINES PTY LTD, MACQUARIE SECURITIES PTY LTD, AUSTRALIAN FOOTBALL LEAGUE, WIN CORPORATION PTY LTD, PRIME MEDIA GROUP LIMITED – ASX PRT, SOUTHERN CROSS MEDIA GROUP LIMITED – ASX SXL, SEVEN GROUP HOLDINGS LIMITED – ASX SVW, TOTALIZATOR AGENCY BOARD (WESTERN AUSTRALIA), RACING VICTORIA LIMITED