Author: roymorgansocial

Prophylactic stats: Australia’s condom buyers

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Original article by Roy Morgan Research
Market Research Update – Page: Online : 6-Nov-15

A Roy Morgan Single Source survey has found that 11 per cent of Australians aged 18+ buy condoms in any given six-month period, which is unchanged since 2011. The survey, which was carried out in the year to June 2015, also shows that 59 per cent of condom purchasers are men. Analysis shows that Australians of both genders in the 25-34 age group remain the most likely to purchase condoms in an average six months. Meanwhile, people who are engaged or planning to marry (20 per cent), single (17 per cent) or in a de facto relationship (15 per cent) are above-average for purchasing condoms.

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ROY MORGAN RESEARCH LIMITED

Woolies credit outlook cut, rating questioned

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Original article by Sue Mitchell
The Australian Financial Review – Page: 15 : 6-Nov-15

Moody’s Investors Service has maintained Woolworths’ "Baa1" credit rating, although the retailer’s credit outlook has been downgraded from "stable" to "negative". Ian Chitterer of Moody’s attributes the move to factors such as disappointing sales for the first quarter of 2015-16 and Woolworths’ third earnings downgrade in less than a year. He has also expressed concern about the uncertainty concerning the timeframe for appointing a new CEO.

CORPORATES
WOOLWORTHS LIMITED – ASX WOW, MOODY’S INVESTORS SERVICE INCORPORATED, STANDARD AND POOR’S CORPORATION, BIG W DISCOUNT STORES, MASTERS HOME IMPROVEMENT AUSTRALIA PTY LTD, NATIONAL AUSTRALIA BANK LIMITED – ASX NAB

No vacancy? It’s just too expensive to clean hotel rooms

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Original article by Joe Kelly, Lisa Allen
The Australian – Page: 2 : 6-Nov-15

Accommodation Association of Australia CEO Richard Munro says Sunday penalty rates are forcing many hotels to delay cleaning their rooms until Monday, which has reduced the available of accommodation on weekends. He adds that some hotel operators are also delaying essential maintenance work and cancelling breakfast services on Sundays. The association wants the Federal Government to make a submission on penalty rates to the Fair Work Commission’s review of the modern industrial awards system.

CORPORATES
ACCOMMODATION ASSOCIATION OF AUSTRALIA PTY LTD, AUSTRALIA. FAIR WORK COMMISSION, AUSTRALIA. DEPT OF EMPLOYMENT, MANTRA GROUP LIMITED – ASX MTR, THE WINDSOR HOTEL

BCA says cut taxes for business first

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Original article by Phillip Coorey
The Australian Financial Review – Page: 1 & 4 : 6-Nov-15

Business Council of Australia president Catherine Livingstone argues that a lower corporate tax rate should be at the top of the Federal Government’s tax reform agenda. She notes that reducing the corporate tax burden has been proven to be most effective at boosting innovation and economic growth in other countries. Meanwhile, Prime Minister Malcolm Turnbull has stressed that tax reforms will not gain widespread public support unless they are seen to be fair.

CORPORATES
BUSINESS COUNCIL OF AUSTRALIA, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, AUSTRALIA. DEPT OF THE TREASURY, AUSTRALIAN LABOR PARTY, DELOITTE TOUCHE TOHMATSU LIMITED

BHP signs 100-year Pilbara deal

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Original article by Tess Ingram
The Australian Financial Review – Page: 12 : 6-Nov-15

BHP Billiton has signed a native title mining agreement with the Banjima people of Western Australia’s Pilbara region. The 100-year agreement covers 8,263 square kilometres of land. Banjima Native Title Aboriginal Corporation chairman Slim Parker says the agreement is worth "a lot of money", although its exact value has not been disclosed.

CORPORATES
BHP BILLITON LIMITED – ASX BHP, YAMATJI MARLPA BARNA BABA MAAJA ABORIGINAL CORPORATION, BANJIMA NATIVE TITLE ABORIGINAL CORPORATION, FEDERAL COURT OF AUSTRALIA, RIO TINTO LIMITED – ASX RIO

Analysts cool on CBA’s $2.4b profit

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Original article by Clancy Yeates
The Australian Financial Review – Page: 13 & 17 : 6-Nov-15

The Commonwealth Bank has posted an unaudited profit of $A2.4bn for the September 2015 quarter, which is four per cent higher year-on-year. The major bank’s trading update also indicated that its exposure to impaired and doubtful loans fell from $A6bn to $A5.5bn during the period, while deposits accounted for 63 per cent of its funding. The group’s tier one capital ratio rose to 9.8 per cent during the quarter following a $A5.1bn equity raising.

CORPORATES
COMMONWEALTH BANK OF AUSTRALIA – ASX CBA, MACQUARIE GROUP LIMITED – ASX MQG, WATERMARK FUNDS MANAGEMENT PTY LTD, WESTPAC BANKING CORPORATION – ASX WBC, NATIONAL AUSTRALIA BANK LIMITED – ASX NAB, ALPHINITY INVESTMENT MANAGEMENT PTY LTD, FOLKESTONE MAXIM ASSET MANAGEMENT LIMITED

High value bank customers lack loyalty

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Original article by Roy Morgan Research
Market Research Update – Page: Online : 5-Nov-15

A Roy Morgan Single Source survey has found that the top quintile of Australian banking and finance customers – which accounts for 63 per cent of total market value – show very little loyalty to financial institutions. The Commonwealth Bank group has the highest share of wallet among top quintile customers (32.1 per cent), ahead of the Westpac group (31.1 per cent) and the National Australia Bank group (30.9 per cent). However, the NAB group has the highest share of the wealth management wallet among top quintile customers, at 17.1 per cent.

CORPORATES
ROY MORGAN RESEARCH LIMITED, COMMONWEALTH BANK OF AUSTRALIA – ASX CBA, WESTPAC BANKING CORPORATION – ASX WBC, NATIONAL AUSTRALIA BANK LIMITED – ASX NAB, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ, BANK OF QUEENSLAND LIMITED – ASX BOQ, MACQUARIE GROUP LIMITED – ASX MQG

New Fairfax chairman Falloon calls for media modernisation

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Original article by Max Mason
The Australian Financial Review – Page: 16 : 6-Nov-15

Shareholders at the AGM of Fairfax Media have been told that its revenue from continuing businesses has risen by 2-3 per cent so far in 2015-16. Meanwhile, chairman Nick Falloon said changes to cross-media ownership laws are necessary as the "reach rule" and the " two-out-of-three rule" have become irrelevant and provide the Australian media industry’s offshore rivals with an advantage in the domestic market. Australian Competition & Consumer Commission chairman Rod Sims also favours scrapping the reach rule.

CORPORATES
FAIRFAX MEDIA LIMITED – ASX FXJ, AUSTRALIAN COMPETITION AND CONSUMER COMMISSION, METRO MEDIA PUBLISHING PTY LTD, RBB ECONOMICS LLP

Roy Morgan Newspaper Print Readership and Cross-Platform Audience Results for September 2015

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Original article by Roy Morgan Research
Market Research Update – Page: Online : 5-Nov-15

Roy Morgan Research has released its Print Readership and seven-day Cross-Platform Audience results for Australian newspapers for the year to September 2015. Across print and digital formats, the country’s metro newspapers continued to reach 11.9 million Australians aged 14+ in an average week, unchanged from the previous year. The "Australian Financial Review" scored the largest increase in cross-platform audience. Driven by a 20.7 per cent increase in the average number of Australians who access the masthead by website or app, the AFR’s total net weekly audience grew by nine per cent to 760,000.

CORPORATES
ROY MORGAN RESEARCH LIMITED, NEWS CORP AUSTRALIA PTY LTD, NEWS CORPORATION – ASX NWS, FAIRFAX MEDIA LIMITED – ASX FXJ

Once is not enough: returning to a travel destination

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Original article by Roy Morgan Research
Market Research Update – Page: Online : 5-Nov-15

A Roy Morgan Single Source survey has found that nearly 13 million Australians aged 14+ took at least one holiday in the year to September 2015. The survey also shows that for their last trip, 2.8 million people (or 21.2 per cent of travellers) opted for a holiday destination they had been to in the past. Some 42 per cent of Australians who chose Tasmania’s North West Coast for their last holiday did so based on their previous experience, ahead of the Victorian High Country (37.8 per cent) and Southport (36.9 per cent).

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ROY MORGAN RESEARCH LIMITED