Author: roymorgansocial

Netflix a ‘threat to jobs’ without media reforms

roymorgansocial Leave a comment

Original article by Darren Davidson
The Australian – Page: 1 & 2 : 14-Jan-16

Changes to cross-media ownership laws remain on the Australian Government’s agenda, and Nine Entertainment Company CEO Hugh Marks argues that reforms are necessary for local companies to compete effectively against offshore groups like Netflix. He notes that the subscription video-on-demand provider is not subject to the same regulations and does not pay a licence fee. Marks adds that lack of reform will threaten jobs in the industry and the production of local content.

CORPORATES
NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, NINE NETWORK AUSTRALIA LIMITED, NETFLIX INCORPORATED, AUSTRALIA. DEPT OF COMMUNICATIONS AND THE ARTS, STAN ENTERTAINMENT PTY LTD, FAIRFAX MEDIA LIMITED – ASX FXJ, WIN CORPORATION PTY LTD, GOOGLE INCORPORATED, FACEBOOK INCORPORATED, LIBERAL PARTY OF AUSTRALIA, NATIONAL PARTY OF AUSTRALIA

Roy Morgan Customer Satisfaction Awards November 2015 Winners

roymorgansocial Leave a comment

Original article by Roy Morgan Research
Market Research Update – Page: Online : 12-Jan-16

Roy Morgan Research has announced the November 2015 winners of its monthly Customer Satisfaction Awards in Australia. The awards cover the finance, retail, telecommunications, travel and tourism, automotive and utilities sectors, and are based on data from the Roy Morgan Consumer Single Source survey. The November winners include P&N Bank (Bank of the Month), Super Cheap Auto (Auto Store of the Month), Internode (Home Broadband Provider of the Month), Qantas (Domestic Airline of the Month) and Lumo Energy (Gas Provider of the Month).

CORPORATES
ROY MORGAN RESEARCH LIMITED, P&N BANK, SUPER CHEAP AUTO, INTERNODE SYSTEMS PTY LTD, QANTAS AIRWAYS LIMITED – ASX QAN, LUMO ENERGY AUSTRALIA PTY LTD, COMMONWEALTH BANK OF AUSTRALIA – ASX CBA, GREATER BUILDING SOCIETY LIMITED, RACT INSURANCE PTY LTD, HEALTH PARTNERS, INSURANCEONLINE, ASGARD PTY LTD, ESSSUPER, MUFFIN BREAK PTY LTD, 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, AMCAL PTY LTD, PIZZA CAPERS, DAN MURPHY’S, THE ATHLETE’S FOOT AUSTRALIA PTY LTD, REBEL SPORT LIMITED, ALDI STORES SUPERMARKETS PTY LTD, SOUTHERN PHONE COMPANY LIMITED, APPLE COMPUTER AUSTRALIA PTY LTD, SINGAPORE AIRLINES LIMITED, VIRGIN AUSTRALIA HOLDINGS LIMITED – ASX VAH, LEXUS AUSTRALIA

Hall says yes; next comes the pre-nup

roymorgansocial Leave a comment

Original article by Neil Chenoweth
The Australian Financial Review – Page: 1 & 2 : 13-Jan-16

Media mogul Rupert Murdoch will marry for the fourth time after using the classifieds section of "The Times" to announce his engagement to Jerry Hall. The former model was married to Sir Mick Jagger until 1999, while Murdoch’s most recent marriage to Wendi Deng ended with a divorce settlement that is believed to have been worth about $US100m in 2013. Murdoch’s impending marriage is unlikely to have any impact on succession planning at News Corporation and 21st Century Fox.

CORPORATES
NEWS CORPORATION – ASX NWS, 21ST CENTURY FOX INCORPORATED

Five legal battles to watch in 2016

roymorgansocial Leave a comment

Original article by Nick Lenaghan
The Australian Financial Review – Page: 30 : 13-Jan-16

Some high-profile legal disputes in the Australian property sector will be contested in court during 2016. A tenancy dispute between Roy Morgan Research and Impact Investment Group will return to court in February. The Gary Morgan-led market research firm was briefly locked out of its offices in Melbourne’s Collins Street in late December 2015, before a court ordered Impact to grant access to the building. Construction, Forestry, Mining & Energy Union officials John Setka and Shaun Reardon will defend blackmail charges arising from an industrial dispute with Grocon that subsequently embroiled Boral. Sunland Group faces a damages claim by former employee Marcus Lee, while litigation is continuing between Grocon and APN Property Group.

CORPORATES
ROY MORGAN RESEARCH LIMITED, IMPACT INVESTMENT GROUP PTY LTD, CONSTRUCTION, FORESTRY, MINING AND ENERGY UNION OF AUSTRALIA, GROCON PTY LTD, BORAL LIMITED – ASX BLD, SUNLAND GROUP LIMITED – ASX SDG, APN PROPERTY GROUP LIMITED – ASX APD, SUPREME COURT OF VICTORIA, FEDERAL COURT OF AUSTRALIA, WESTPAC BANKING CORPORATION – ASX WBC, HIGH COURT OF AUSTRALIA, LEND LEASE GROUP LIMITED – ASX LLC, PRIME RETIREMENT AND AGED CARE PROPERTY TRUST, AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION

ERA ‘strategic review’ for Ranger in pipeline

roymorgansocial Leave a comment

Original article by Barry FitzGerald
The Australian – Page: 18 : 13-Jan-16

Energy Resources of Australia’s uranium production at the Ranger mine in the Northern Territory rose by 12 per cent year-on-year to 669 tonnes in the December 2015 quarter. The company is only processing stockpiled ore from the open-cut operation, which has reached the end of its mine life, after major shareholder Rio Tinto rejected plans for the Ranger 3 Deeps expansion. ERA will release the results of its strategic review during the March 2016 quarter.

CORPORATES
ENERGY RESOURCES OF AUSTRALIA LIMITED – ASX ERA, RIO TINTO LIMITED – ASX RIO, UBS HOLDINGS PTY LTD, ZENTREE INVESTMENTS

ANZ-Roy Morgan Consumer Confidence falls following rout on Australian share-markets

roymorgansocial Leave a comment

Original article by Roy Morgan Research
Market Research Update – Page: Online : 12-Jan-16

The ANZ-Roy Morgan Consumer Confidence rating for Australia fell by 1.9 per cent to 114.1 in the week ended 10 January 2016, retracing the 0.8 per cent rise in the previous week. Concerns around China’s economic growth prospects and volatility on global financial markets are likely to have had an impact on consumer confidence. The fall was largely driven by a 9.9 per cent dip in consumers’ views towards their current finances, which recorded the largest fall since March 2012. The sub-index on "economic conditions in the next 12 months" fell a modest 0.3 per cent, whereas "economic conditions in the next five years" rose by 2.6 per cent.

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

Bookies say disgraced outfit is a lock for wooden spoon

roymorgansocial Leave a comment

Original article by Perry Williams
The Australian Financial Review – Page: 4 : 13-Jan-16

Punters who have backed Essendon to win the 2016 Australian Football League premiership will be offered a refund by Sportsbet in the wake of the landmark ruling on the supplements scandal. The firm notes that Essendon had been heavily backed to win both its first game of the season and the premiership. With many Essendon players now banned for the entire season, Sportsbet is no longer accepting bets on the team that will finish last on the AFL ladder.

CORPORATES
ESSENDON FOOTBALL CLUB, AUSTRALIAN FOOTBALL LEAGUE, SPORTSBET AUSTRALIA, PADDY POWER PLC, TABCORP HOLDINGS LIMITED – ASX TAH, WILLIAM HILL AUSTRALIA PTY LTD, UBET, GOLD COAST FOOTBALL CLUB LIMITED, SYDNEY FOOTBALL CLUB, ADELAIDE FOOTBALL CLUB, RICHMOND FOOTBALL CLUB, NORTH MELBOURNE FOOTBALL CLUB LIMITED, PORT ADELAIDE FOOTBALL CLUB

Rusal boss calls for worldwide tax on carbon to curb emissions

roymorgansocial Leave a comment

Original article by Barry FitzGerald
The Australian – Page: 18 : 13-Jan-16

Rusal president Oleg Deripaska argues that action to address the issue of climate change requires a global carbon tax. He has proposed that this tax be initially set at $US15 per tonne, while 33 per cent of revenue generated by the tax could be allocated to financing R&D projects in the fields of cleaner energy sources and energy efficient technology. There is widespread support for a carbon tax among Australian mining companies.

CORPORATES
RUSAL, MASSACHUSETTS INSTITUTE OF TECHNOLOGY

New Dick Smith CEO hopes to find a buyer

roymorgansocial Leave a comment

Original article by Patrick Hatch
The Australian Financial Review – Page: 13 & 18 : 13-Jan-16

Receiver Ferrier Hodgson has received more than 40 expressions of interest in buying failed consumer electronics retailer Dick Smith. Meanwhile, Don Grover has been appointed as interim CEO following the resignation of Nick Abboud. He had the led the company since its acquisition by Anchorage Capital Partners in 2012. The slump in Dick Smith’s share price prior to its collapse had reduced the value of Abboud’s shareholding by almost $A30m.

CORPORATES
DICK SMITH HOLDINGS LIMITED – ASX DSH, FERRIER HODGSON AND COMPANY, FUSION RETAIL BRANDS PTY LTD, JB HI-FI LIMITED – ASX JBH, DIANA FERRARI (AUSTRALIA) PTY LTD, WILLIAMS SHOES, MATHERS SHOES PTY LTD, COLORADO GROUP LIMITED, FORAGER FUNDS MANAGEMENT PTY LTD, ANCHORAGE CAPITAL PARTNERS PTY LTD, OWNERSHIP MATTERS PTY LTD, WOOLWORTHS LIMITED – ASX WOW, McGRATH NICOL AND PARTNERS SERVICES PTY LTD, STANDARD AND POOR’S ASX 200 INDEX

Gindalbie ‘at risk’ of collapse

roymorgansocial Leave a comment

Original article by Paul Garvey
The Australian – Page: 18 : 13-Jan-16

The future of Gindalbie Metals is uncertain following Ansteel’s decision to cease providing funding for the Karara magnetite ore mine in Western Australia. The Chinese group has a 52 per cent stake in the mine, which has a workforce of 1,000. Gindalbie has advised that there now are doubts about its ability to continue as a going concern, prompting its shares to fall to a record low of $A0.08 on 12 January 2016. The stock traded at $A1.40 in 2011, when the iron ore price was around $A180 per tonne.

CORPORATES
GINDALBIE METALS LIMITED – ASX GBG, ANSHAN IRON AND STEEL COMPANY, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ