Author: roymorgansocial

ANZ-Roy Morgan Australian Consumer Confidence: Turnbull turnaround boosts confidence to 114.5

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Original article by Roy Morgan Research
Market Research Update – Page: Online : 22-Sep-15

The ANZ-Roy Morgan Consumer Confidence rating for Australia rose by 8.7 per cent to 114.5 in the week ended 20 September 2015. This more than retraces the 7.1 per cent decline over the previous two weeks and leaves confidence above long-run average levels. With no other substantive economic news or market movements to explain the outcome, the driver of the bounce was most likely optimism around the elevation of Communications Minister Malcolm Turnbull to the Prime Ministership. The bounce in confidence was broad-based across the subindices. In particular, views on economic conditions over the next year jumped 25.8 per cent. Confidence in the economy over the next five years also gained a robust 13.4 per cent, but remains well below its long-run average.

CORPORATES
ROY MORGAN RESEARCH LIMITED, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET

Teoh works his magic quietly

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Original article by Anne Hyland
The Australian Financial Review – Page: 17 : 22-Sep-15

Australian-listed TPG Telecom is tipped to post 2014-15 earnings of around $A250m, compared with $A192m previously. TPG was founded by David Teoh and his wife Vicky, who hold a 37 per cent stake in the telco and ISP which started out as a single computer hardware store in Sydney and now boasts a market capitalisation of $A8.3bn. TPG has grown via mergers acquisitions in recent years, including SP Telemedia, Pipe Networks, AAPT and iiNet. However, Teoh maintains a low public profile and places much value on his privacy.

CORPORATES
TPG TELECOM LIMITED – ASX TPM, IINET LIMITED – ASX IIN, SP TELEMEDIA LIMITED, PIPE NETWORKS LIMITED, AAPT LIMITED, TELSTRA CORPORATION LIMITED – ASX TLS, SINGTEL OPTUS PTY LTD, WASHINGTON H SOUL PATTINSON AND COMPANY LIMITED – ASX SOL, WIN CORPORATION PTY LTD, COMMONWEALTH BANK OF AUSTRALIA – ASX CBA

Nivea number one with Australian women

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Original article by Roy Morgan Research
Market Research Update – Page: Online : 21-Sep-15

A Roy Morgan Single Source survey has found that 76.6 per cent of Australian women aged 14+ buy face-care products (moisturiser and/or cleanser) and 68.3 per cent buy hand and/or body lotion in an average six-month period. The survey, which was carried out in the year to March 2015, also shows that the Nivea brand of face-care products is bought by 13.2 per cent of Australian women, ahead of Olay (12.1 per cent) and Neutrogena (5.7 per cent). Meanwhile, 11.3 per cent of Australian women buy Nivea hand and/or body lotion in an average six months, while 9.1 per cent buy Vaseline Intensive Care.

CORPORATES
ROY MORGAN RESEARCH LIMITED, NIVEA, OLAY, NEUTROGENA CORPORATION, VASELINE INTENSIVE CARE, AVON, AVEENA, DOVE, L’OREAL AUSTRALIA PTY LTD

ABC sets new prime-time target of 60pc Australian content

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Original article by Dominic White
The Australian Financial Review – Page: 10 : 22-Sep-15

Local productions will comprise just 43 per cent of the content broadcast in prime time on the ABC’s main channel in 2015. The public broadcaster’s director of television, Richard Finlayson, says ABC budget cuts have significantly affected local content, but he aims to lift this to 60 per cent within five years. The ABC is pushing for an increase in its funding and a requirement for global video-on-demand providers to help finance local TV productions.

CORPORATES
AUSTRALIAN BROADCASTING CORPORATION, NETFLIX INCORPORATED, GOOGLE INCORPORATED, SCREEN PRODUCERS AUSTRALIA, BRITISH BROADCASTING CORPORATION, CANADIAN BROADCASTING CORPORATION

Santos says interest in assets reflects strength

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Original article by Perry Williams
The Australian Financial Review – Page: 15 & 20 : 22-Sep-15

The share price and market capitalisation of oil and gas group Santos has fallen sharply in the last year. However, Santos executive James Baulderstone says the group has quality assets that are not being valued appropriately by the market. He adds that Santos has been pleased with the indicative proposals it has received from potential buyers of its assets, and he forecasts that the crude oil price will eventually rebound.

CORPORATES
SANTOS LIMITED – ASX STO, WOODSIDE PETROLEUM LIMITED – ASX WPL, OIL SEARCH LIMITED – ASX OSH, TOTAL SA, INPEX CORPORATION, ALLIANCEBERNSTEIN HOLDING LP, GLADSTONE LNG PTY LTD, CITIGROUP PTY LTD, ROYAL DUTCH SHELL PLC, BG GROUP PLC, WOOD MACKENZIE

Hegarty-backed private equity vehicle snaps up copper mine

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Original article by Amanda Saunders
The Australian Financial Review – Page: 20 : 22-Sep-15

EMR Capital will pay $A45m for the Mt Gordon copper mine in Queensland, which was placed in care and maintenance mode by Aditya Birla Minerals in 2013. EMR was founded by Owen Hegarty and Jason Chang, and the private equity firm acquired the Mt Gordon Mine via its inaugural investment fund. Chang has flagged further acquisitions for EMR in the mining sector, with copper, gold, coking coal and potash assets among the likely targets.

CORPORATES
EMR CAPITAL PTY LTD, ADITYA BIRLA MINERALS LIMITED – ASX ABY, LIGHTHOUSE MINERALS PTY LTD

Business urges PM to be more aggressive on IR

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Original article by Ewin Hannan
The Australian Financial Review – Page: 7 : 22-Sep-15

Australian Industry Group CEO Innes Willox says the Federal Government should act immediately to introduce reforms that were recommended by the Harper review of competition policy. Willox also says the Government should be more active in promoting the need for industrial relations reform ahead of the federal election, and he argues that it should adopt the Productivity Commission’s recommendations on issues such as weekend penalty rates.

CORPORATES
THE AUSTRALIAN INDUSTRY GROUP, AUSTRALIA. PRODUCTIVITY COMMISSION, AUSTRALIA. ROYAL COMMISSION INTO TRADE UNION GOVERNANCE AND CORRUPTION, ACTU, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, AUSTRALIA. DEPT OF EMPLOYMENT

Subs won’t be sunk by unions, says Premier

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Original article by Simon Evans
The Australian Financial Review – Page: 8 : 22-Sep-15

South Australian Premier Jay Weatherill has told the Federal Government that there are compelling reasons to award the contract to build a new submarine fleet to Adelaide-based ASC. He has noted in particular the harmonious relations with the three unions that have a presence on the site. They have agreed to keep industrial action to a minimum in order to increase the prospects of submarine work being awarded to ASC. Several offshore groups are also bidding for the contract.

CORPORATES
SOUTH AUSTRALIA. DEPT OF THE PREMIER AND CABINET, ASC PTY LTD, AUSTRALIA. DEPT OF DEFENCE, AUSTRALIAN WORKERS’ UNION-FEDERATION OF INDUSTRIAL, MANUFACTURING AND ENGINEERING EMPLOYEES, AUSTRALIAN MANUFACTURING WORKERS’ UNION, COMMUNICATIONS, ELECTRICAL, ELECTRONIC, ENERGY, INFORMATION, POSTAL, PLUMBING AND ALLIED SERVICES UNION OF AUSTRALIA, LIBERAL PARTY OF AUSTRALIA, ROYAL AUSTRALIAN NAVY

Tax options put back on table

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Original article by Phillip Coorey
The Australian Financial Review – Page: 1 & 4 : 22-Sep-15

Prime Minister Malcolm Turnbull has given indications that the Australian Government is open to a wide range of tax reforms. This is likely to include reforms that had been ruled out by former PM Tony Abbott. Meanwhile, South Australian Labor Premier Jay Weatherill wants the Government to review superannuation tax concessions. He also says the federal Australian Labor Party should reconsider its opposition to an increase in the goods and services tax.

CORPORATES
AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, SOUTH AUSTRALIA. DEPT OF THE PREMIER AND CABINET, AUSTRALIAN LABOR PARTY, NEW SOUTH WALES. DEPT OF PREMIER AND CABINET, BUSINESS COUNCIL OF AUSTRALIA, PROPERTY COUNCIL OF AUSTRALIA LIMITED, AUSTRALIA. DEPT OF THE TREASURY

Bundy: it’s a Queensland thing

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Original article by Roy Morgan Research
Market Research Update – Page: Online : 21-Sep-15

A Roy Morgan Single Source survey has found that 5.4 per cent of Australians aged 18+ consume some kind of rum in an average four weeks, but this jumps to 9.8 per cent of Queenslanders. The survey, which was carried out in the year to June 2015, also shows that 8.3 per cent of Queenslanders drink dark rum in any given four weeks, compared with four per cent of Australians overall. Meanwhile, 5.9 per cent of Queenslanders drink Bundaberg Rum in an average four weeks, well in excess of the population average (2.4 per cent).

CORPORATES
ROY MORGAN RESEARCH LIMITED, BUNDABERG RUM COMPANY