Author: roymorgansocial

Roy Morgan Customer Satisfaction Awards September 2015 Winners

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Original article by Roy Morgan Research
Market Research Update – Page: Online : 30-Oct-15

Roy Morgan Research has announced the September 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 September winners include Teachers Mutual Bank (Bank of the Month), Super Cheap Auto (Auto Store of the Month), Westnet (Home Broadband Provider of the Month), Virgin Australia (Domestic Airline of the Month) and Red Energy (Electricity Provider of the Month).

CORPORATES
ROY MORGAN RESEARCH LIMITED, TEACHERS MUTUAL BANK LIMITED, SUPER CHEAP AUTO, WESTNET PTY LTD, VIRGIN AUSTRALIA HOLDINGS LIMITED – ASX VAH, RED ENERGY PTY LTD, ISUZU MOTORS LIMITED, COMMONWEALTH BANK OF AUSTRALIA – ASX CBA, GREATER BUILDING SOCIETY LIMITED, RACT INSURANCE PTY LTD, ST LUKE’S HEALTH INSURANCE, REAL INSURANCE, 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, GUARDIAN CHEMISTS, FASTA PASTA FAMILY RESTAURANTS PTY LTD, 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, ALDIMOBILE, SINGAPORE AIRLINES LIMITED, QANTAS AIRWAYS LIMITED – ASX QAN

ANZ calms the market on dividends fears

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Original article by Clancy Yeates, James Eyers
The Australian Financial Review – Page: 13 & 17 : 30-Oct-15

The ANZ Bank has posted a cash profit of $A7.2bn for 2014-15, which is one per cent higher than previously. However, its Australian division’s cash profit rose by seven per cent. The group’s return on equity fell from 15.4 per cent to 14 per cent in 2015-16, and CEO Mike Smith says it will abandon its goal of lifting this to 16 per cent. He has also stressed that ANZ will not reduce its dividend payout in order to offset the cost of complying with new capital requirements.

CORPORATES
AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ, NATIONAL AUSTRALIA BANK LIMITED – ASX NAB, CITIGROUP PTY LTD, CADENCE CAPITAL LIMITED – ASX CDT, DEUTSCHE BANK AG, AUSTRALIAN PRUDENTIAL REGULATION AUTHORITY

Corrigan swoops on Asciano

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Original article by Jenny Wiggins, Anthony Macdonald, Sarah Thompson
The Australian Financial Review – Page: 1 & 12 : 30-Oct-15

Brookfield Infrastructure Partners’ $A8.9bn takeover bid for Asciano has received a setback after Qube Holdings lifted its stake in the target from around five per cent to 19.9 per cent on 29 October 2015. Qube paid $A8.80 per share, compared with Asciano’s closing price of $A7.56. Qube has declined to comment on its intentions regarding Asciano, but it opposes the Brookfield bid and is believed to be planning to break up Asciano and retain its ports division.

CORPORATES
ASCIANO LIMITED – ASX AIO, QUBE HOLDINGS LIMITED – ASX QUB, BROOKFIELD INFRASTRUCTURE PARTNERS LP, PATRICK CORPORATION LIMITED, PACIFIC NATIONAL PTY LTD, UBS HOLDINGS PTY LTD, AURIZON HOLDINGS LIMITED – ASX AZJ, AUSTRALIAN COMPETITION AND CONSUMER COMMISSION, RBC CAPITAL MARKETS, CREDIT SUISSE (AUSTRALIA) LIMITED

Westpac’s Evans says no rate cut in sight

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Original article by Mark Mulligan
The Australian Financial Review – Page: 27 : 30-Oct-15

HSBC’s Paul Bloxham expects a reduction in Australia’s cash rate in either November or December 2015, in the wake of lower-than-expected inflation data in the September quarter. Westpac’s chief economist Bill Evans in turn still believes that the cash rate will remain unchanged in November, noting that the Reserve Bank has ignored one-off falls in the inflation rate in the past. Andrew Ticehurst of Nomura expects the cash rate to remain on hold until February.

CORPORATES
HSBC AUSTRALIA HOLDINGS PTY LTD, WESTPAC BANKING CORPORATION – ASX WBC, RESERVE BANK OF AUSTRALIA, NOMURA AUSTRALIA LIMITED

Iron ore to fall further, says Albanese

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Original article by Amanda Saunders
The Australian Financial Review – Page: 15 : 30-Oct-15

The iron ore price fell to $US49.95 per tonne on 28 October 2015, and Vedanta Resources CEO Tom Albanese expects it to come under more downward pressure. He cites factors such as China’s slowing economy and the nation’s falling steel production, which has coincided with increased iron ore output in Australia and Brazil. BC Iron and Grange Resources are particularly vulnerable to a lower iron ore price, as their break-even prices are above $US50/tonne.

CORPORATES
VEDANTA RESOURCES PLC, BC IRON LIMITED – ASX BCI, GRANGE RESOURCES LIMITED – ASX GRR, ATLAS IRON LIMITED – ASX AGO, MOUNT GIBSON IRON LIMITED – ASX MGX, RIO TINTO LIMITED – ASX RIO, BHP BILLITON LIMITED – ASX BHP, FORTESCUE METALS GROUP LIMITED – ASX FMG, ANGLO AMERICAN PLC, VALE SA, UBS HOLDINGS PTY LTD, CHINA METALLURGICAL INDUSTRY PLANNING ASSOCIATION, SUPREME COURT OF INDIA

Kiwis almost three times more likely than Aussies to watch Rugby World Cup on TV

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Original article by Roy Morgan Research
Market Research Update – Page: Online : 29-Oct-15

A Roy Morgan Single Source survey has found that 7.4 per cent of Australians aged 14+ almost always watch Rugby World Cup matches on TV and another 6.8 per cent watch occasionally. The survey, which was carried out in the year to June 2015, also shows that 27.9 per cent of New Zealanders aged 14+ almost always watch Rugby World Cup matches on TV, with an additional 12.2 per cent tuning in occasionally. In both Australia and New Zealand, 45 per cent of Rugby World Cup viewers are aged 50+ and only 27 per cent are aged 14-to 34.

CORPORATES
ROY MORGAN RESEARCH LIMITED, RUGBY WORLD CUP LIMITED, ALL BLACKS, WALLABIES

Perth housing mogul tops BRW young rich

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Original article by John Stensholt
The Australian Financial Review – Page: 3 : 30-Oct-15

Blackburne Property Group founder Paul Blackburne is ranked third on the 2015 "BRW” Young Rich List, with estimated wealth of $A536m. The residential property developer had capitalised on the global financial crisis to buy development sites in Perth, and now undertakes around four apartment projects each year. The 2015 list features 10 property industry players, whose average wealth is $A191m.

CORPORATES
BLACKBURNE PROPERTY GROUP PTY LTD

More older holiday-makers going it alone

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Original article by Roy Morgan Research
Market Research Update – Page: Online : 29-Oct-15

A Roy Morgan Single Source survey has found that 5,355,000 Australians aged 50+ took at least one holiday in the year to June 2015, compared with 4,464,000 in the year to June 2007. The proportion of those who travelled alone on their last trip rose from 15.4 per cent to 16.3 per cent. This increase is evident among the 50-64, 65-74 and 75-79 age groups, with the 80+ age group remaining stable. Over the same period, the number of holidaying Australians under the age of 50 rose from 6,386,000 to 6,738,000. However, only the 25-34 age group showed any increase in solo travel.

CORPORATES
ROY MORGAN RESEARCH LIMITED

The winds of change will hit companies

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Original article by Stephen Cauchi
The Age – Page: 27 : 30-Oct-15

Morgan Stanley forecasts that the El Nino weather phenomenon will benefit Australian-listed companies across a range of sectors during the 2015-16 summer. Coca-Cola Amatil, JB Hi-Fi, Harvey Norman, Origin Energy and AGL Energy are among the companies that are tipped to enjoy stronger revenue due to the warmer weather associated with El Nino. Mining companies and insurers are also expected to benefit, but wheat, grain and beef producers in particular are likely to be adversely affected.

CORPORATES
MORGAN STANLEY AUSTRALIA LIMITED, COCA-COLA AMATIL LIMITED – ASX CCL, JB HI-FI LIMITED – ASX JBH, HARVEY NORMAN HOLDINGS LIMITED – ASX HVN, ORIGIN ENERGY LIMITED – ASX ORG, AGL ENERGY LIMITED – ASX AGL, INSURANCE AUSTRALIA GROUP LIMITED – ASX IAG, QBE INSURANCE GROUP LIMITED – ASX QBE, GRAINCORP LIMITED – ASX GNC

Media reach rule set to be axed

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Original article by David Crowe
The Australian – Page: 2 : 30-Oct-15

The Australian Labor Party supports the Federal Government’s plan to abolish the so-called "reach rule" as part of its proposed cross-media ownership reforms. However, there is less support within Labor’s ranks for scrapping the "two-out-of-three rule". Communications Minister Mitch Fifield has signalled that he is keen to proceed with media reforms, but concedes that it will depend on support in the Senate.

CORPORATES
AUSTRALIA. DEPT OF COMMUNICATIONS AND THE ARTS, AUSTRALIAN LABOR PARTY, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, TEN NETWORK HOLDINGS LIMITED – ASX TEN, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, SEVEN WEST MEDIA LIMITED – ASX SWM, SOUTHERN CROSS MEDIA GROUP LIMITED – ASX SXL, PRIME MEDIA GROUP LIMITED – ASX PRT, WIN CORPORATION PTY LTD