Author: roymorgansocial

Viewers shun TV for devices

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Original article by Michael Bodey
The Australian – Page: 25 : 1-Feb-16

OzTAM will officially launch its new digital TV ratings system in early February 2016. It will measure the number of people who view TV content online and via portable devices. The launch of the Video Player Measurement system has coincided with a decline in the amount of time people spent watching traditional broadcast TV. The Australian Multi-Screen Report shows that this fell from an average of about three hour per day to just two hours and 49 minutes in the December 2014 quarter.

CORPORATES
OZTAM PTY LTD, NINE NETWORK AUSTRALIA LIMITED, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, FOXTEL MANAGEMENT PTY LTD, NETFLIX INCORPORATED

Retail funds not exempt from disclosure rules: O’Dwyer

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Original article by Sally Rose
The Age – Page: 23 : 29-Jan-16

There will be no exemptions from the product disclosure "dashboard" rules that are designed to allow investors to compare the performance and fees of superannuation funds. Industry Super Australia stated on 28 January 2016 that exemptions from the disclosure rules would apply to about 72 per cent of choice of fund products. However, Assistant Treasurer Kelly O’Dwyer says all funds will have to comply with the new rules.

CORPORATES
INDUSTRY SUPER AUSTRALIA PTY LTD, AUSTRALIA. DEPT OF THE TREASURY, FINANCIAL SERVICES COUNCIL, SUPERRATINGS PTY LTD, AUSTRALIAN INSTITUTE OF SUPERANNUATION TRUSTEES

Lihir mine in PNG gives Newcrest results boost

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Original article by Peter Ker
The Australian Financial Review – Page: 17 : 29-Jan-16

Newcrest Mining achieved total gold production of 1.2 million ounces in the first half of 2015-16, putting it on track to achieve its full-year target of 2.4 to 2.6 million ounces. It boasted all-in sustaining production costs of $US770 an ounce during the half-year. Meanwhile, gold production at the Lihir mine in Papua New Guinea rose by 26 per cent during the December 2015 quarter. Newcrest shares rose by $A0.36 to $A13.88 on 28 January 2016.

CORPORATES
NEWCREST MINING LIMITED – ASX NCM, HARMONY GOLD MINING COMPANY LIMITED

More Australians aged 80+ drive than 18-24 year-olds

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Original article by Roy Morgan Research
Market Research Update – Page: Online : 28-Jan-16

A Roy Morgan Single Source survey has found that 69 per cent of Australians aged 80+ were automobile drivers in 2015, compared with just 59 per cent in 2007. In contrast, the number of drivers aged 18-24 has fallen from 72 per cent to 68 per cent over the same period. The survey shows that all older age groups are now more likely to drive than their younger counterparts. Meanwhile, 45 per cent of those who intended to buy new car within the next four years were aged 50 and over in 2015, compared with just 38 per cent in 2007.

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ROY MORGAN RESEARCH LIMITED

Australian Roy Morgan Business Confidence continues to drift lower in January

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Original article by Roy Morgan Research
Market Research Update – Page: Online : 29-Jan-16

A Roy Morgan Business Single Source survey has found that Australian business confidence fell by 3.9 points to 110.6 in January 2016, following a decline of 4.2 points in December and 0.6 points in November. The combined drop of 8.7 points (down 7.3 per cent) over the last three months is an indication that the initial increase in confidence following Malcolm Turnbull becoming Prime Minister has been outweighed by the negative local and international economic environment, which saw the ASX decline by 8.6 per cent in the first three weeks of January. Despite the negative trend in business confidence over the last three months, it is still 7.8 per cent above the level prior to the appointment of Turnbull. Business confidence is now below the five-year average of 116.8 and is a sign that confidence is very fragile and easily impacted by negative economic events.

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ROY MORGAN RESEARCH LIMITED, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ

Brookfield mulls choice after Qube’s $9b bid

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Original article by Jenny Wiggins
The Australian Financial Review – Page: 15 & 24 : 29-Jan-16

Shares in listed ports and rail group Asciano closed $A0.34 per cent higher at $A8.84 on 28 January 2016, after a consortium led by Qube Holdings trumped the takeover bid of Brookfield Infrastructure Partners. The offer comprises a cash component of $A6.97 per share and one Qube share, valuing the bid at $A8.85bn. Brookfield’s bid consists of $A6.94 in cash and 0.0387 of its units. Asciano will be broken up if the Qube bid succeeds, with Qube itself planning to acquire the Patrick stevedoring business.

CORPORATES
ASCIANO LIMITED – ASX AIO, QUBE HOLDINGS LIMITED – ASX QUB, BROOKFIELD INFRASTRUCTURE PARTNERS LP, PATRICK CORPORATION LIMITED, GLOBAL INFRASTRUCTURE PARTNERS, CANADA PENSION PLAN INVESTMENT BOARD, CHINA INVESTMENT CORPORATION, PACIFIC NATIONAL PTY LTD, BROOKFIELD ASSET MANAGEMENT INCORPORATED, AUSTRALIAN COMPETITION AND CONSUMER COMMISSION

Charter Hall’s Southon to go as MD

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Original article by Mercedes Ruehl
The Australian Financial Review – Page: 34 : 29-Jan-16

Some analysts do not expect Charter Hall Group to be significantly affected if co-founder David Southon vacates the role of MD, which he shares with David Harrison. The two executives have been joint MD since 2004, and they are also joint CFO of the Australian-listed property group. While Charter Hall has yet to confirm that Southon will step down, it is believed that he will do so when the group releases its 2015-16 interim financial results in February 2016.

CORPORATES
CHARTER HALL GROUP – ASX CHC, CIMIC GROUP LIMITED – ASX CIM, LEIGHTON PROPERTIES PTY LTD, COLES GROUP LIMITED, RESOLUTION CAPITAL LIMITED, STANDARD AND POOR’S ASX 200 A-REIT INDEX

Terms of trade slump mires budget outlook

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Original article by Jacob Greber
The Australian Financial Review – Page: 3 : 29-Jan-16

The Australian Government’s mid-year budget update in December 2015 had forecast a 10.5 per cent decline in the nation’s terms of trade in 2015-16. However, the latest trade data has prompted analysts to estimate that the terms of trade declined by between 4.5 per cent and 5.2 per cent in the December 2015 quarter. The downturn in the prices of key export commodities have hit the terms of trade, which may in turn significantly impact on government revenue.

CORPORATES
AUSTRALIA. DEPT OF THE TREASURY, AUSTRALIAN BUREAU OF STATISTICS, COMMONWEALTH BANK OF AUSTRALIA – ASX CBA, INDUSTRY SUPER AUSTRALIA PTY LTD, JP MORGAN AUSTRALIA LIMITED, FITCH RATINGS LIMITED

Resources sector delivers top stock picks for the bold

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Original article by Simon Evans
The Australian Financial Review – Page: 26 : 29-Jan-16

Credit Suisse has identified Kula Gold as the Australian-listed stock that it expects to perform the best in 2016, forecasting a return of 362 per cent. This based on an analysis of 180 stocks. The other five stocks that Credit Suisse expects to achieve the highest returns for the calendar year are Altona Mining, WorleyParsons, Whitehaven Coal, Bradken and Senex Energy. Meanwhile, Brambles and Evolution Mining are among the stocks that are tipped to underperform.

CORPORATES
CREDIT SUISSE (AUSTRALIA) LIMITED, KULA GOLD LIMITED – ASX KGD, ALTONA MINING LIMITED – ASX AOH, WORLEYPARSONS LIMITED – ASX WOR, WHITEHAVEN COAL LIMITED – ASX WHC, BRADKEN LIMITED – ASX BKN, SENEX ENERGY LIMITED – ASX SXY, BRAMBLES LIMITED – ASX BXB, EVOLUTION MINING LIMITED – ASX EVN, PACIFIC ROAD CAPITAL MANAGEMENT PTY LTD, FRANKLIN TEMPLETON ASSET MANAGEMENT LIMITED, OZ MINERALS LIMITED – ASX OZL, TRANSURBAN GROUP LIMITED – ASX TCL, PACIFIC EQUITY PARTNERS PTY LTD, BAIN CAPITAL LLC

Stan becomes video star with Showtime deal

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Original article by Jake Mitchell
The Australian – Page: 19 : 29-Jan-16

Australian subscription video-on-demand provider Stan has secured a content deal with CBS Corporation-owned US cable TV network Showtime. The exclusive arrangement will give Stan exclusive local rights to all new Showtime content for at least five years, as well as its existing catalogue of TV shows. Stan, which is a joint venture between Fairfax Media and Nine Entertainment Company, is believed to have about 700,000 gross subscribers.

CORPORATES
STAN ENTERTAINMENT PTY LTD, SHOWTIME, CBS CORPORATION, FAIRFAX MEDIA LIMITED – ASX FXJ, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, NETFLIX INCORPORATED, FOXTEL MANAGEMENT PTY LTD, NEWS CORP AUSTRALIA PTY LTD, NEWS CORPORATION – ASX NWS, TELSTRA CORPORATION LIMITED – ASX TLS, SKY PLC, BELL MEDIA, WARNER BROS