Author: roymorgansocial

Consumer satisfaction with big four banks dips in October

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Original article by Roy Morgan Research
Market Research Update – Page: Online : 17-Nov-15

A Roy Morgan Research Single Source survey shows that the satisfaction level of the personal customers of Australia’s four major banks fell by 0.3 per cent to 80.9 per cent in the six months to October 2015. The Commonwealth Bank continued to have the highest customer satisfaction rating of the four major banks, at 82.4 per cent, which is 0.1 per cent lower than previously. It also had the highest satisfaction rating among home loan customers of the big four banks, at 81.8 per cent (down 0.2 per cent). Smaller banks had the highest level of customer satisfaction overall and among home loan customers in October.

CORPORATES
ROY MORGAN RESEARCH LIMITED, COMMONWEALTH BANK OF AUSTRALIA – ASX CBA, WESTPAC BANKING CORPORATION – ASX WBC, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ, NATIONAL AUSTRALIA BANK LIMITED – ASX NAB, TEACHERS MUTUAL BANK LIMITED, SUNCORP BANK, BENDIGO BANK, BANK OF MELBOURNE LIMITED, ST GEORGE BANK LIMITED, ING DIRECT, ME BANK, BANK OF SOUTH AUSTRALIA LIMITED

The iron age: golf a retirement bonus for Aussie men

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Original article by Roy Morgan Research
Market Research Update – Page: Online : 16-Nov-15

A Roy Morgan Single Source survey has found that 5.4 per cent of Australian men aged +14 play golf regularly, while 9.8% per cent enjoy the occasional round of golf. The survey, which was carried out in the year to June 2015, also shows that 19 per cent of Australian men aged 35-44 play golf, with 14 per cent playing golf occasionally and only around five per cent doing so regularly. However, 10 per cent of men aged 65-74 play golf regularly, surpassing the rate of occasional play, while the proportion of men who play golf regularly declines only slightly after the age of 75.

CORPORATES
ROY MORGAN RESEARCH LIMITED

Dan Murphy’s (and Woolworths) blitzing the Aussie liquor market

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Original article by Roy Morgan Research
Market Research Update – Page: Online : 16-Nov-15

A Roy Morgan Single Source survey has found that 4.8 million Australians aged 18+ buy alcohol in an average seven days, spending almost $A296 million between them (an average of $A61 per person per week). The survey, which was carried out in the year to September 2015, also shows that 1.2 million Australians (23.9 per cent of total alcohol-buyers) shop at Dan Murphy’s in any given week, spending an average of $A67 each. Meanwhile, 1.1 million Australians shop at BWS in an average seven days, spending an average of $A48 each.

CORPORATES
ROY MORGAN RESEARCH LIMITED, DAN MURPHY’S, BWS – BEER WINE SPIRITS, LIQUORLAND (AUSTRALIA) PTY LTD, FIRST CHOICE LIQUOR SUPERSTORE, CELLARMASTER WINES PTY LTD, THE WINE SOCIETY LIMITED, ALDI LIQUOR, WOOLWORTHS LIMITED – ASX WOW

Biotech founder Itescu loses $90m in morning as US float disappoints

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Original article by Tim Binsted
The Australian Financial Review – Page: 19 : 17-Nov-15

Mesoblast expects to raise $US63.8 million ($A95.8 million) by issuing American Depositary Shares (ADSs) in the US. The Australian-listed stem cell therapy group is offering ADSs at $US8 a unit, which implies that Mesoblast has a valuation of $A2.20 a share on the Australian stock exchange. Mesoblast shares declined 38.4 per cent to $A2.10 on 16 November 2015.

CORPORATES
MESOBLAST LIMITED – ASX MSB, NASDAQ, STARPHARMA HOLDINGS LIMITED – ASX SPL

Federal Voting Intention virtually unchanged. L-NP (56%) cf. ALP (44%); Confidence in Turnbull Government jumps – highest since March 2011

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Original article by Roy Morgan Research
Morgan Poll Update – Page: Online : 16-Nov-15

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 has fallen by 0.5 per cent to 56 per cent. The poll, which was carried out on the weekends of 7-8 and 14-15 November 2015, also shows that the Coalition’s primary vote has fallen by one per cent to 46 per cent, while the Roy Morgan Government Confidence Rating has risen by 7.5 points to 119.5 points. Roy Morgan Research executive chairman Gary Morgan says the strong lift in confidence around Australia gives the Turnbull Government the mandate to make the tough decisions about whether or not Australia should commit troops to any international coalition aimed at defeating the Islamic State (ISIS) and affiliated terrorist groups in Iraq and Syria over the next few months, as Western nations in particular seek to make the most effective and productive response to the horrific Paris terrorist attacks.

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, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET

Pressure grows over BHP Billiton’s $US9bn dividend question

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Original article by Amanda Saunders
The Australian Financial Review – Page: 19 : 17-Nov-15

It is unwise for BHP Billiton to have a firm commitment to pay $US6.6 billion ($A9.2 billion) annually in dividends. Ross Barker, the MD of the Australian Foundation Investment Company (AFIC), says debt levels should be the primary consideration. A payout ratio should be made dependent on company results. AFIC has a large stake in BHP.

CORPORATES
BHP BILLITON LIMITED – ASX BHP, AUSTRALIAN FOUNDATION INVESTMENT COMPANY LIMITED – ASX AFI, ARGO INVESTMENTS LIMITED – ASX ARG, PENGANA CAPITAL LIMITED, SOUTH32 LIMITED – ASX S32

Media reform beyond ‘reach’

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Original article by Darren Davidson, Jake Mitchell
The Australian – Page: 2 : 17-Nov-15

The focus of the Australian Government’s upcoming media reforms were tipped to be the so-called "reach rule". However, it is believed to be planning to also abolish the "two-out-of-three rule" in a reform package that is expected to be unveiled in late November 2015. Australian media groups are concerned that failure to fully abolish cross-media laws would provide rivals such as video-on-demand providers with a competitive advantage. The Government’s media reforms are likely to be dependent on the support of cross-bench senators.

CORPORATES
AUSTRALIA. DEPT OF COMMUNICATIONS AND THE ARTS, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, SOUTHERN CROSS AUSTEREO PTY LTD, SOUTHERN CROSS MEDIA GROUP LIMITED – ASX SXL, NETFLIX INCORPORATED, GOOGLE INCORPORATED, FACEBOOK INCORPORATED, TEN NETWORK HOLDINGS LIMITED – ASX TEN

Budget blowout of $5b if growth 3pc

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Original article by Jacob Greber
The Australian Financial Review – Page: 3 : 17-Nov-15

The Australian economy’s trend growth rate has traditionally been regarded as 3.25 per cent. Reserve Bank Governor Glenn Stevens and Treasury secretary John Fraser have both recently warned that the nation’s "potential" growth rate could slow in coming years. Economic modelling by PwC has concluded that a trend rate of three per cent would result in Budget revenue being around $A5bn lower than expected each year.

CORPORATES
RESERVE BANK OF AUSTRALIA, AUSTRALIA. DEPT OF THE TREASURY, PRICEWATERHOUSECOOPERS AUSTRALIA (INTERNATIONAL) PTY LTD, AUSTRALIAN CHAMBER OF COMMERCE AND INDUSTRY

History proves markets resilient to global terror

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Original article by Philip Baker
The Australian Financial Review – Page: 34 : 17-Nov-15

The Australian sharemarket lost ground early in trading on 16 November 2015, in the aftermath of the Islamic terrorist attacks in Paris. However, investors returned to the market to take advantage of lower share prices, allowing the S&P/ASX 200 to close slightly above the 5,000-point level. Analysis of trading patterns following significant terrorist attacks since 2001 shows that equity markets have generally rebounded strongly after falling in the immediate aftermath of the attacks.

CORPORATES
STANDARD AND POOR’S ASX 200 INDEX, STANDARD AND POOR’S 500 INDEX, BHP BILLITON LIMITED – ASX BHP, TELSTRA CORPORATION LIMITED – ASX TLS, MACQUARIE BANK LIMITED – ASX MBL

Woolies taps Best & Less boss for seat

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Original article by Sue Mitchell
The Australian Financial Review – Page: 17 & 22 : 17-Nov-15

Australian-listed retailer Woolworths is believed to have invited Holly Kramer to become a non-executive director. Kramer is on the boards of AMP and Nine Entertainment Company, having stepped down as CEO of discount department store group Best & Less in May 2015. Woolworths is seeking to appoint three directors to replace Ian MacFarlane, Christine Cross and David Mackay. It has also yet to appoint a successor to CEO Grant O’Brien, who may remain at the helm until his replacement is appointed.

CORPORATES
WOOLWORTHS LIMITED – ASX WOW, BEST AND LESS PTY LTD, AMP LIMITED – ASX AMP, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, BIG W DISCOUNT STORES, KMART AUSTRALIA LIMITED, TARGET AUSTRALIA PTY LTD, TESCO PLC, KELLOGG (AUSTRALIA) PTY LTD, RESERVE BANK OF AUSTRALIA, YALE UNIVERSITY, GEORGETOWN UNIVERSITY, FORD MOTOR COMPANY AUSTRALIA LIMITED, TELSTRA CORPORATION LIMITED – ASX TLS, PACIFIC BRANDS LIMITED – ASX PBG, AUSTRALIAN SHAREHOLDERS’ ASSOCIATION, CGI GLASS LEWIS PTY LTD