Author: roymorgansocial

Roy Morgan Magazine Readership and Cross-Platform Audiences for September 2015

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

Roy Morgan Research’s latest Australian Magazine Readership survey shows that 12,249,000 Australians aged 14+ read the latest issue of at least one print magazine on average in the year to September 2015. This is 2.7 per cent lower than the previous year. "Coles Magazine" remained the most widely-read print magazine during the period, with an average readership of 2,804,000 per issue. Meanwhile, a number of titles recorded an increase in total cross-platform audiences, including "The Monthly" (up 12.4 per cent to 263,000), "Reader’s Digest" (up 6.1 per cent to 916,000), and "Open Road" (up five per cent to 1,022,000).

CORPORATES
ROY MORGAN RESEARCH LIMITED

Shining Star’s locals make up for slump in high-roller gamblers

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Original article by Jessica Gardner
The Australian Financial Review – Page: 19 : 5-Nov-15

Echo Entertainment Group’s shareholders approved a resolution to change its name to The Star Entertainment Group at the 2015 AGM. The listed casino operator also revealed that its domestic revenue was 8.7 per cent higher than previously in the first four months of 2015-16, although revenue from high-rollers fell by 33.8 per cent. Meanwhile, the group intends to rebadge its Queensland casinos as The Star, a brand that it currently uses in Sydney.

CORPORATES
ECHO ENTERTAINMENT GROUP LIMITED – ASX EGP, THE STAR, CROWN RESORTS LIMITED – ASX CWN, MELCO CROWN ENTERTAINMENT LIMITED, STANDARD AND POOR’S ASX 200 INDEX

Union shopped at Tiffany’s

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Original article by Lucille Keen
The Australian Financial Review – Page: 1 & 8 : 5-Nov-15

The funds of yet another union have been misused by corrupt officials. Danielle O’Brien, former account manager at the National Union of Workers, admitted that she used union funds for personal purposes. The Royal Commission into Trade Union Governance & Corruption has been told that $A68,395 in total was transferred from the union’s accounts to personal accounts controlled by O’Brien between July 2011 and June 2015.

CORPORATES
NATIONAL UNION OF WORKERS, AUSTRALIA. ROYAL COMMISSION INTO TRADE UNION GOVERNANCE AND CORRUPTION, STOREMEN AND PACKERS UNION, HEALTH SERVICES UNION OF AUSTRALIA, TIFFANY AND COMPANY, AUSTRALIAN LABOR PARTY

Turnbull lays path to tax reform

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Original article by Sid Maher
The Australian – Page: 4 : 5-Nov-15

Prime Minister Malcolm Turnbull will use the Rebuilding Foundations for Reform conference on 5 November 2015 to outline the Federal Government’s reform agenda, which will include changes to the tax system. Treasurer Scott Morrison will also address the conference, and he will emphasise the need for changes to an "inefficient and costly" tax regime that will eventually hinder jobs growth and Australia’s attraction as an investment destination. Morrison’s speech will also embrace issues such as competition laws and innovation policy.

CORPORATES
AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, AUSTRALIA. DEPT OF THE TREASURY, UNIVERSITY OF MELBOURNE. INSTITUTE OF APPLIED ECONOMIC AND SOCIAL RESEARCH, RESERVE BANK OF AUSTRALIA, AUSTRALIA. PRODUCTIVITY COMMISSION

Nib upgrades profit forecast for 2015-16

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Original article by Tim Binsted
The Australian Financial Review – Page: 22 : 5-Nov-15

Australian-listed private health fund NIB Holdings has advised that its 2015-16 statutory profit is likely to be within the range of $A90m to $A100m. The group had previously forecast a profit of $A85m to $A90m and has attributed the improved forecast to a strong performance in the first quarter. Chairman Steve Crane says NIB gained more than 23,000 additional policyholders in 2014-15, and now provides health insurance for more than one million people.

CORPORATES
NIB HOLDINGS LIMITED – ASX NHF, BUPA AUSTRALIA PTY LTD, MEDIBANK PRIVATE LIMITED – ASX MPL, AUSTRALIA. DEPT OF HEALTH

Domino’s dishes up bigger profit but investors still hungry

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Original article by Sue Mitchell
The Australian Financial Review – Page: 17 & 24 : 5-Nov-15

Domino’s Pizza Enterprises expects 25 per cent growth in underlying net profit and EBITDA for 2015-16. The listed fast food group had previously forecast growth of 20 per cent for the fiscal year. Domino’s posted a net profit of $A64m in 2014-15, and analysts expect this to top $A81.2m in 2015-16. Domino’s now boasts more than 1,500 stores in six countries, and it intends to open at least 260 in 2015. Domino’s shares closed $A0.24 lower at $A47.65 on 4 November 2015.

CORPORATES
DOMINO’S PIZZA ENTERPRISES LIMITED – ASX DMP, MACQUARIE EQUITIES LIMITED, PIZZA MOGUL, PIZZA SPRINT

Tourism jobs outlook sparks visa debate

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Original article by Ewin Hannan
The Australian Financial Review – Page: 7 : 5-Nov-15

Deloitte Access Economics states in a report written for Austrade that the tourism industry will experience a shortage of 38,000 workers if no appropriate measures are taken to alleviate it. More than 120,000 extra workers will be needed by the end of the decade. Martin Ferguson, the chairman of Tourism Accommodation Australia, has called for changes to visa rules that would make it easier for foreigners to apply for working-holiday visas.

CORPORATES
TOURISM ACCOMMODATION AUSTRALIA, DELOITTE ACCESS ECONOMICS PTY LTD, AUSTRADE, TTF AUSTRALIA LIMITED TOURISM AND TRANSPORT FORUM, ACTU

Media curbs need review, Sims says

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Original article by Max Mason
The Australian Financial Review – Page: 3 : 5-Nov-15

Australian Competition & Consumer Commission chairman Rod Sims argues that the advent of the internet and live streaming of TV content means the "reach rule" and the "two out of three rule" may no longer be relevant. However, Sims says anti-siphoning regulations for sports broadcasts may still be necessary to preserve competition in the TV industry, noting that companies such as Yahoo! and YouTube have begun live streaming of sports events in the US.

CORPORATES
AUSTRALIAN COMPETITION AND CONSUMER COMMISSION, YAHOO! INCORPORATED, YOUTUBE INCORPORATED, NATIONAL FOOTBALL LEAGUE, NATIONAL BASKETBALL ASSOCIATION, INDIAN PREMIER LEAGUE, FOXTEL MANAGEMENT PTY LTD, NEWS CORP AUSTRALIA PTY LTD, NEWS CORPORATION – ASX NWS, TEN NETWORK HOLDINGS LIMITED – ASX TEN, SEVEN WEST MEDIA LIMITED – ASX SWM, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, RBB ECONOMICS LLP, PRIME MEDIA GROUP LIMITED – ASX PRT, WIN CORPORATION PTY LTD, SOUTHERN CROSS MEDIA GROUP LIMITED – ASX SXL, FAIRFAX MEDIA LIMITED – ASX FXJ

ANZ-Roy Morgan Australian Consumer Confidence Consolidates

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Original article by Roy Morgan Research
Market Research Update – Page: Online : 4-Nov-15

The ANZ-Roy Morgan Consumer Confidence rating for Australia rose by 1.6 per cent to 115.2 in the week ended 1 November 2015. Despite recent moves by the big four banks to raise variable mortgage rates, this week’s result confirms that overall consumer confidence remains on an upward trend, most likely reflecting the increased faith in the new Prime Minister. The four-week moving average is now at its highest level since February 2014. The subindex "economic conditions in the next 12 months" has risen by 5.1 per cent, and is now 25 per cent higher than prior to the change in Prime Ministership.

CORPORATES
ROY MORGAN RESEARCH LIMITED, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ, PROPERTY COUNCIL OF AUSTRALIA LIMITED, RESERVE BANK OF AUSTRALIA

Fairytale Cup viewing figures open era of streaming success

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Original article by Michael Bodey
The Australian – Page: 5 : 5-Nov-15

The 2015 Melbourne Cup attracted an average TV audience of 2.931 million nationally. An average of 2.068 million people watched the race in Australia’s capital cities, compared with 2.178 million in 2014. However, the Seven Network’s live stream attracted an additional 342,000 views. The post-race presentation boasted an average metropolitan audience of 1.788 million.

CORPORATES
THE EMIRATES MELBOURNE CUP, SEVEN NETWORK LIMITED, SEVEN WEST MEDIA LIMITED – ASX SWM, SKY RACING, OZTAM PTY LTD