Author: roymorgansocial

1 in 10 Kiwis have Netflix

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Original article by Roy Morgan Research
Market Research Update – Page: Online : 28-Oct-15

A Roy Morgan Single Source survey has found that 10.9 per cent of New Zealanders aged 14+ (or 398,000 people) had a Netflix subscription in the three months to June 2015. In addition, 9.4 per cent of New Zealand homes (or 164,000) had a Netflix subscription. The survey also shows that Young Couple households are the most likely to have Netflix (16.9 per cent), just ahead of Young Parents (16 per cent) and households comprising Young Singles (14.3 per cent). Mid-Life Families have also been more likely than average to subscribe (11.7 per cent).

CORPORATES
ROY MORGAN RESEARCH LIMITED, NETFLIX INCORPORATED, SKY NETWORK TELEVISION LIMITED – ASX SKT

Stockland: housing strength to continue

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Original article by Robert Harley
The Australian Financial Review – Page: 40 : 28-Oct-15

Some 97 per cent of votes cast at Stockland’s 2015 AGM were in favour of the property developer’s remuneration report. Chairman Graham Bradley told shareholders that Stockland will now require directors to hold 40,000 of the group’s securities, up from 10,000 previously. He also forecast that Australia’s housing market will remain strong, citing factors such as an undersupply, low interest rates and population growth.

CORPORATES
STOCKLAND – ASX SGP, AUSTRALIAN SHAREHOLDERS’ ASSOCIATION

Woodside claims misreporting, keeps door open for Oil Search

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Original article by Angela Macdonald-Smith
The Australian Financial Review – Page: 19 : 28-Oct-15

Woodside Petroleum is believed to have no immediate plans to sweeten its $A11.6bn takeover offer for Oil Search, but it may be amenable to doing so. CEO Peter Coleman has indicated that the offer is "fair and fully priced", although Woodside has advised that Dow Jones Newswires incorrectly reported that he had also said that Woodside has no intention of increasing the offer.

CORPORATES
WOODSIDE PETROLEUM LIMITED – ASX WPL, OIL SEARCH LIMITED – ASX OSH, DOW JONES NEWSWIRES, BANK OF AMERICA AUSTRALIA LIMITED, MERRILL LYNCH (AUSTRALIA) PTY LTD, KIMA CAPITAL

Fortescue offers BC Iron some rail access slack

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Original article by Tess Ingram
The Australian Financial Review – Page: 31 : 28-Oct-15

The iron ore price was trading at $US51.03 per tonne on 27 October 2015. A new rail tariff deal between Fortescue Metals Group and BC Iron will reduce the latter’s costs by about $A2.3m if the price remains at around this level. The partners in the Nullagine joint venture will trial a new rail access regime whereby the tariff rate is linked to the iron ore price.

CORPORATES
FORTESCUE METALS GROUP LIMITED – ASX FMG, BC IRON LIMITED – ASX BCI

Union membership slumps to record low, ABS finds

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Original article by Ewin Hannan
The Australian Financial Review – Page: 3 : 28-Oct-15

Data from the Australian Bureau of Statistics shows that just 1.6 million people across the economy are members of a union. The proportion of workers who are union members fell from 17 per cent to 15 per cent in the year to August 2014. Union membership in the private and public sectors has fallen to 11.1 per cent and 39 per cent respectively. However, ACTU secretary Dave Oliver estimates that about 1.8 million Australians are union members.

CORPORATES
AUSTRALIAN BUREAU OF STATISTICS, ACTU, AUSTRALIAN MINES AND METALS ASSOCIATION (INCORPORATED), AUSTRALIA. DEPT OF EMPLOYMENT, AUSTRALIAN LABOR PARTY

SeaLink and Rich Lister Little eye Melbourne ferry services

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Original article by Simon Evans
The Australian Financial Review – Page: 31 : 28-Oct-15

Australian-listed SeaLink Travel Group is examining the feasibility of operating passenger ferries from Wyndham, Portarlington and Williamstown to the Docklands precinct in Melbourne. The group is working on the proposal with property developer and former Toll Holdings CEO Paul Little. SeaLink operates ferry services in South Australia and New South Wales.

CORPORATES
SEALINK TRAVEL GROUP LIMITED – ASX SLK, TOLL HOLDINGS LIMITED, LITTLE PROJECTS PTY LTD, CAPTAIN COOK CRUISES TRAVEL PTY LTD, TRANSIT SYSTEMS PTY LTD, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET

Consumers ‘happiest in seven years’

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Original article by Sue Mitchell
The Australian Financial Review – Page: 17 & 22 : 28-Oct-15

Harvey Norman has posted pre-tax earnings of $A91.8m for the first quarter of 2015-16, which is 27.8 per cent higher than previously. The retailer’s same-store sales in Australia rose by 7.1 per cent year-on-year, and chairman Gerry Harvey says consumer confidence is at its highest level for at least seven years. Fantastic Holdings and Super Retail Group have also reported healthy growth in sales so far in 2015-16. The ANZ-Roy Morgan Consumer Confidence index has increased by 0.1 per cent to 113.4 in the last week.

CORPORATES
HARVEY NORMAN HOLDINGS LIMITED – ASX HVN, FANTASTIC HOLDINGS LIMITED – ASX FAN, SUPER RETAIL GROUP LIMITED – ASX SUL, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ, ROY MORGAN RESEARCH LIMITED, PACIFIC BRANDS LIMITED – ASX PBG, NONI B LIMITED – ASX NBL, SUPER CHEAP AUTO, REBEL SPORT LIMITED, RAY’S OUTDOORS, WOOLWORTHS LIMITED – ASX WOW, BIG W DISCOUNT STORES, CITIGROUP PTY LTD

Coalition warms to nuclear

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Original article by Laura Tingle
The Australian Financial Review – Page: 1 & 4 : 28-Oct-15

Prime Minister Malcolm Turnbull has responded to calls for a moratorium on coal exports and new coal mines by arguing that doing so would actually increase carbon emissions. He notes that Australian coal tends to be much cleaner than that of other countries. Meanwhile, the Federal Government’s submission to the Nuclear Royal Commission in South Australia presses the case for considering nuclear power as part of the nation’s future energy mix.

CORPORATES
AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, AUSTRALIA. DEPT OF INDUSTRY, INNOVATION AND SCIENCE, AUSTRALIA. OFFICE OF THE CHIEF SCIENTIST, AUSTRALIAN LABOR PARTY, AUSTRALIAN CONSERVATION FOUNDATION INCORPORATED, TELSTRA CORPORATION LIMITED – ASX TLS

Link shares jump 11.5pc on ASX debut

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Original article by Sally Rose
The Australian Financial Review – Page: 17 & 22 : 28-Oct-15

Shares in superannuation administration services provider Link Group were issued at $A6.37 apiece in a $A946.5m IPO. The stock ended its first day of trading 11.5 per cent higher at $A7.05, after listing at $A7.10. Investors Mutual’s Anton Tagliaferro says Link was attractive to investors due to the limited growth opportunities in the domestic market at present. Meanwhile, Link CEO John McMurtrie has flagged offshore acquisitions to expand its footprint beyond Australia and New Zealand.

CORPORATES
LINK ADMINISTRATION HOLDINGS LIMITED – ASX LNK, INVESTORS MUTUAL LIMITED, PACIFIC EQUITY PARTNERS PTY LTD, INTERMEDIATE CAPITAL GROUP PLC, MACQUARIE GROUP LIMITED – ASX MQG, UBS HOLDINGS PTY LTD, ASX LIMITED – ASX ASX, SUPERPARTNERS (AUSTRALIA) PTY LTD, AUSTRALIANSUPER PTY LTD, PILLAR ADMINISTRATION, COLLINS FOODS LIMITED – ASX CKF, KFC, SIZZLER RESTAURANTS AUSTRALIA LIMITED, AMP LIFE LIMITED, JP MORGAN AUSTRALIA LIMITED, BNP PARIBAS ASSET MANAGEMENT (AUSTRALIA) LIMITED, HSBC AUSTRALIA HOLDINGS PTY LTD, CITICORP GROUP PTY LTD, MACQUARIE CAPITAL PTY LTD, DEUTSCHE BANK AG

Coalition plans innovative tax breaks

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Original article by Phillip Coorey
The Australian Financial Review – Page: 5 : 28-Oct-15

Innovation Minister Christopher Pyne has indicated that tax measures will be a focus of the Australian Government’s innovation statement. The statement will propose measures aimed at encouraging greater collaboration between science and industry. Australian Chamber of Commerce & Industry CEO Kate Carnell has stressed the need for greater co-operation between the business sector and universities.

CORPORATES
AUSTRALIA. DEPT OF INDUSTRY, INNOVATION AND SCIENCE, AUSTRALIAN CHAMBER OF COMMERCE AND INDUSTRY, AUSTRALIA. OFFICE OF THE CHIEF SCIENTIST, CSIRO, ORGANISATION FOR ECONOMIC CO-OPERATION AND DEVELOPMENT, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET