Author: roymorgansocial

Nick Xenophon Team (NXT) scores highly in South Australia while ALP vote down in Victoria but still maintains strong lead

roymorgansocial Leave a comment

Original article by Roy Morgan Research
Morgan Poll Update – Page: Online : 8-Dec-15

An SMS Morgan Poll on State voting intention, which was carried out from 4-6 December 2015, has found that support for South Australia’s L-NP Opposition has risen by three per cent to 54 per cent on a two-party preferred basis. Meanwhile, 18 per cent of the state’s electors support the new Nick Xenophon Team (NXT) party, which has been included in the Morgan Poll State voting intention survey for the first time. In Victoria, support for the ALP Government on a two-party preferred basis has fallen by two per cent to 53.5, while support for the L-NP Government in New South Wales is unchanged at 60.5 per cent.

CORPORATES
MORGAN POLL, ROY MORGAN RESEARCH LIMITED, NICK XENOPHON TEAM, LIBERAL PARTY OF NEW SOUTH WALES, NEW SOUTH WALES. DEPT OF PREMIER AND CABINET, NATIONAL PARTY OF AUSTRALIA, AUSTRALIAN LABOR PARTY, LIBERAL-NATIONAL PARTY OF QUEENSLAND, QUEENSLAND. DEPT OF THE PREMIER AND CABINET, LIBERAL PARTY OF VICTORIA, VICTORIA. DEPT OF PREMIER AND CABINET, LIBERAL PARTY OF WESTERN AUSTRALIA, WESTERN AUSTRALIA. DEPT OF THE PREMIER AND CABINET, LIBERAL PARTY OF SOUTH AUSTRALIA, SOUTH AUSTRALIA. DEPT OF THE PREMIER AND CABINET, LIBERAL PARTY OF TASMANIA, TASMANIA. DEPT OF PREMIER AND CABINET, AUSTRALIAN GREENS, PALMER UNITED PARTY, CHRISTIAN DEMOCRATIC PARTY, COUNTRY ALLIANCE, KATTER’S AUSTRALIAN PARTY, FAMILY FIRST PARTY AUSTRALIA LIMITED

Winners of September 2015 New Zealand Customer Satisfaction Awards

roymorgansocial Leave a comment

Original article by Roy Morgan Research
Market Research Update – Page: Online : 7-Dec-15

Roy Morgan Research has announced the winners of its quarterly Customer Satisfaction Awards in New Zealand for September 2015. 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 September winners include Kiwibank (Major Bank of the Month), Muffin Break (Coffee Shop of the Month), Orcon (Home ISP of the Month), Air New Zealand (Domestic Airline of the Month), Nova Energy (Electricity Provider of the Month) and BMW (Car Manufacturer of the Month).

CORPORATES
ROY MORGAN RESEARCH LIMITED, KIWIBANK LIMITED, MUFFIN BREAK, ORCON, AIR NEW ZEALAND LIMITED – ASX AIZ, NOVA ENERGY LIMITED, BMW NEW ZEALAND LIMITED, TSB BANK LIMITED, JEANSWEST CORPORATION PTY LTD, BALLANTYNES, NOEL LEEMING GROUP LIMITED, BUNNINGS GROUP LIMITED, TAKE NOTE, BURGER FUEL LIMITED, R HANNAH AND COMPANY LIMITED, KATHMANDU HOLDINGS LIMITED – ASX KMD, NEW WORLD LIMITED, TRUST POWER LIMITED, APPLE INCORPORATED, TWO DEGREES MOBILE LIMITED, EMIRATES AIRLINES, ONGAS

BHP bonuses cut by Samarco disaster

roymorgansocial Leave a comment

Original article by Matt Chambers, Barry FitzGerald
The Australian – Page: 20 : 8-Dec-15

Shares in BHP Billiton have shed 23 per cent in the wake of the tailings dam failure in Brazil in early November 2015. The resources giant has responded by reducing the number of bonus shares allocated to senior executives under the 2014-15 long-term and short-term incentives scheme. CEO Andrew Mackenzie will be allocated 339,753 long-term incentive plan performance shares and 69,566 short-term incentive plan deferred shares.

CORPORATES
BHP BILLITON LIMITED – ASX BHP, SAMARCO MINERACAO SA

PM pushes risk taking, start-ups

roymorgansocial Leave a comment

Original article by Phillip Coorey
The Australian Financial Review – Page: 1 & 6 : 8-Dec-15

Prime Minster Malcolm Turnbull has unveiled the National Innovation and Science Agenda. He said at the CSIRO Discovery Centre on 7 December 2015 that Australia needs new ways of stimulating the economy, considering that the country could no longer count on the mining boom as the driver of the economy. The Government has proposed 24 measures, including income tax rebates and incentives for business start-ups.

CORPORATES
AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, CSIRO, AUSTRALIAN LABOR PARTY, AUSTRALIA. DEPT OF INDUSTRY, INNOVATION AND SCIENCE, AUSTRALIA. PRODUCTIVITY COMMISSION, ORGANISATION FOR ECONOMIC CO-OPERATION AND DEVELOPMENT, KPMG AUSTRALIA PTY LTD

McGrath falters on first ASX day

roymorgansocial Leave a comment

Original article by Robert Harley, Larry Schlesinger
The Australian Financial Review – Page: 35 : 8-Dec-15

Shares in McGrath Limited closed at $A1.835 on 7 December 2015, giving the real estate group a market capitalisation of $A227.9m. The stock was issued at $A2.10 per share, with founder John McGrath reducing his stake from 58.4 per cent to 27 per cent in the IPO. McGrath Limited expects to post a net profit after tax of $A21.1m in 2015-16, compared with $A18.3m previously.

CORPORATES
McGRATH LIMITED – ASX MEA

No shock at plunge: Dick Smith

roymorgansocial Leave a comment

Original article by Patrick Hatch
The Australian Financial Review – Page: 14 : 8-Dec-15

Shares in Dick Smith Holdings (DSH) closed at $A0.36 on 7 December 2015, after reaching a low of $A0.20 in the previous week. The household electronics retailer’s stock was issued at $A2.20 in a $A520m IPO in 2013. Businessman Dick Smith says investors should not be surprised by the slump, noting that Woolworths has sold DSH for just $A94m only one year before the float. However, Smith is confident that the fortunes of the company he founded in 1968 can be revived.

CORPORATES
DICK SMITH HOLDINGS LIMITED – ASX DSH, WOOLWORTHS LIMITED – ASX WOW, ANCHORAGE CAPITAL PARTNERS PTY LTD, JB HI-FI LIMITED – ASX JBH, HARVEY NORMAN HOLDINGS LIMITED – ASX HVN, APPLE INCORPORATED, SAMSUNG ELECTRONICS COMPANY LIMITED

Employment at record high – 11.8 million Australians employed

roymorgansocial Leave a comment

Original article by Roy Morgan Research
Market Research Update – Page: Online : 7-Dec-15

A Roy Morgan Research survey on Australia’s labour market has found that the real unemployment rate was 9.2 per cent in November 2015. The number of people in the workforce now totals 12,954,000 (up 297,000 since November 2014), and a record 11,768,000 Australians are employed (up 372,000 since November 2014). Meanwhile, the number of people who are under-employed has risen by 119,000 in the last 12 months to a record 1,350,000 (10.4 per cent of the workforce). The official unemployment rate was 5.9 per cent in October 2015. Roy Morgan Research executive chairman Gary Morgan says that although Prime Minister Malcolm Turnbull has gained popular support amongst Australian electors, the L-NP has not gained majority support among young electors, and the employment situation for students over the next few months is crucial for the Federal Government.

CORPORATES
ROY MORGAN RESEARCH LIMITED, AUSTRALIAN BUREAU OF STATISTICS, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET

Listed companies too afraid to provide guidance, study says

roymorgansocial Leave a comment

Original article by Jonathan Shapiro
The Australian Financial Review – Page: 1 & 11 : 8-Dec-15

McGrathNicol has released a report which shows that just 49 per cent of the 104 Australian-listed companies it surveyed have released earnings guidance in 2015, compared with 57 per cent in 2014. The survey also found that the number of companies that met or exceeded their earnings guidance fell from 69 per cent in 2014 to 64 per cent. Factors such as concern about class actions and challenging market conditions in some sectors have contributed to companies’ reluctance to release earnings guidance.

CORPORATES
McGRATH NICOL AND PARTNERS SERVICES PTY LTD, ASX LIMITED – ASX ASX, BROADSPECTRUM LIMITED – ASX BRS, JB HI-FI LIMITED – ASX JBH, PACIFIC BRANDS LIMITED – ASX PBG

Iron ore slumps below $US39

roymorgansocial Leave a comment

Original article by Business Spectator
The Australian – Page: Online : 8-Dec-15

The price of benchmark iron ore for immediate delivery to China’s port of Tianjin has fallen by 1.3 per cent to $US38.90 per tonne, compared with US39.40 previously. The iron ore price has fallen for seven consecutive trading sessions, and some market watchers believe that it could test the $US30/tonne level. At current prices, it is estimated that Fortescue Metals Group and Vale are now close to their break-even price.

CORPORATES
PORT OF TIANJIN, FORTESCUE METALS GROUP LIMITED – ASX FMG, VALE SA, BHP BILLITON LIMITED – ASX BHP, RIO TINTO LIMITED – ASX RIO, ROY HILL IRON ORE PTY LTD

Fairfax invests in neighbourhood company

roymorgansocial Leave a comment

Original article by Max Mason
The Australian Financial Review – Page: 14 : 8-Dec-15

Australian-listed Fairfax Media has paid an undisclosed price for a 25 per cent stake in Nabo, a neighbourhood-based social media network that was founded in November 2014. Seven West Media and venture capital group Reinventure were both among the initial investors in Nabo, and each have a 25 per cent stake in the venture. Fairfax has previously invested in a similar New Zealand social media network called Neighbourly.

CORPORATES
FAIRFAX MEDIA LIMITED – ASX FXJ, NABO COMMUNITY, SEVEN WEST MEDIA LIMITED – ASX SWM, REINVENTURE GROUP PTY LTD, WESTPAC BANKING CORPORATION – ASX WBC, NEIGHBOURLY, NEXTDOOR.COM INCORPORATED, LIVINGSOCIAL