Broadcasters set to turn online into top viewing

Original article by Paul McIntyre
The Australian Financial Review – Page: 37 : 7-Sep-15

TubeMogul’s global chief marketing officer, Keith Eadie, has forecast that Australia’s traditional TV broadcasters will benefit from the growing popularity of "premium" content that is available on demand across media platforms. Eadie notes that so-called "millennials" in particular have favoured user-generated content on platforms such as YouTube in recent years. However, he expects that in coming years they will embrace broadcast-quality content delivered via a range of devices and platforms.

CORPORATES
TUBEMOGUL YOUTUBE INCORPORATED GOOGLE INCORPORATED INTERACTIVE ADVERTISING BUREAU SEVEN NETWORK LIMITED SEVEN WEST MEDIA LIMITED – ASX SWM FREMANTLEMEDIA LIMITED ENDEMOL SHINE NINE NETWORK AUSTRALIA LIMITED NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC

Smaller banks continue to lead in customer satisfaction

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

Roy Morgan’s Single Source survey has revealed that the satisfaction level of the big four banks’ personal banking customers in the six months to July 2015 was 81.3 per cent, which was up 0.8 percentage points from July 2014 (80.5 per cent). Despite this improvement, the banks other than the big four still have a clear lead with 86.0 per cent satisfaction in July 2015, which was up 0.5 percentage points from July 2014 (85.5 per cent). Among the big four banks, CBA narrowly regained top position from the NAB for overall satisfaction with 82.3 per cent (NAB 82.2 per cent). Among smaller banks, Teachers Mutual Bank remained the best performing bank overall with 95.1 per cent of its customers satisfied. It is worth noting that Bank of Melbourne (90.3 per cent satisfaction) and St George (84.5 per cent) were both clearly ahead of Westpac (80.1 per cent).

CORPORATES
MORGAN POLL, ROY MORGAN RESEARCH LIMITED, COMMONWEALTH BANK OF AUSTRALIA – ASX CBA, NATIONAL AUSTRALIA BANK LIMITED – ASX NAB, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ, WESTPAC BANKING CORPORATION – ASX WBC, TEACHERS MUTUAL BANK LIMITED, BANK OF MELBOURNE LIMITED, ST GEORGE BANK LIMITED

Death puts big chill on philanthropy

Original article by Mike Smith
The Australian Financial Review – Page: 28 : 4-Sep-15

Research by fund manager Perpetual has found that Australians enthusiastically support charity when they are alive but rarely leave anything to charity in their wills. Only 7.5 per cent left anything to charity, compared with 89 per cent who gave while alive. This disconnect is being explored by financial advisers and lawyers ahead of Include a Charity Week, which starts on 6 September 2015.

CORPORATES
PERPETUAL ASSET MANAGEMENT LIMITED, WALTER AND ELIZA HALL INSTITUTE OF MEDICAL RESEARCH

Myer investors blame guidance for 25pc plunge

Original article by Sue Mitchell
The Australian Financial Review – Page: 15 : 4-Sep-15

Myer’s share price plunged 25 per cent as the stock emerged from a two-day trading halt on 3 September 2015. The stock fell to a record low of $A.090 on 3 September 2015. More than 35 million shares changed hands in the wake of the poor 2015 profit result and a disappointing outlook for 2016. However, there was support for the $A600 million "New Myer" turnaround plan proposed by CEO Richard Umbers.

CORPORATES
MYER HOLDINGS LIMITED – ASX MYR, GOLDMAN SACHS AUSTRALIA PTY LTD

Lower $A will intensify two-tier property market

Original article by Su-Lin Tan
The Australian Financial Review – Page: 7 : 4-Sep-15

The lower Australian dollar may lead to greater interest in Australian property from foreign buyers and, consequently, to higher prices. Valuer Herron Todd White says the importance of local demand is diminishing. Real estate developers concentrate their marketing efforts on overseas investors. This trend is clearly visible in unit developments in Sydney such as Zetland, Waterloo, Rosebery, Mascot, Botany, Hurstville and Wolli Creek.

CORPORATES
HERRON TODD WHITE AUSTRALIA PTY LTD, DEUTSCHE BANK AG

Visa, Tourism Australia in Asian tourist push

Original article by Jamie Freed
The Australian Financial Review – Page: 12 : 4-Sep-15

Tourism Australia wants more Asian tourists to venture beyond the east coast. The organisation is working with credit card company Visa on a marketing campaign whose aim is to promote travel to less popular destinations. In Western Australia, only five per cent of international visitors are from China.

CORPORATES
TOURISM AUSTRALIA PTY LTD, VISA INTERNATIONAL, EXPEDIA INCORPORATED, ALIBABA.COM CORPORATION

Solar forecast to outshine wind power

Original article by
The Australian Financial Review – Page: 20 : 4-Sep-15

The UBS utilities research team predicts solar power will be cheaper than wind power and even undercut thermal power by 2020. It says solar could account for a quarter of the world’s power generation by 2050. UBS forecasts that solar will be the default power supply technology of the future, backed up by storage and thermal power.

CORPORATES
UBS AG, ORIGIN ENERGY LIMITED – ASX ORG, AGL ENERGY LIMITED – ASX AGL, ORGANISATION FOR ECONOMIC CO-OPERATION AND DEVELOPMENT

Aussie fall below US60c may shore up economy

Original article by Rose Powell
The Australian Financial Review – Page: 22 : 4-Sep-15

A decline in the Australian dollar is not necessarily a negative development. Deutsche Bank chief economist Adam Boyton says a weaker dollar can assist the economy in adjusting itself to a post-mining environment and help prevent it from falling into recession. Boyton predicts that the Australian currency could fall to as low as $US0.50 by the end of 2016.

CORPORATES
DEUTSCHE BANK AG, KAIZEN CAPITAL PTY LTD, HSBC AUSTRALIA HOLDINGS PTY LTD, RESERVE BANK OF AUSTRALIA, SUNCORP GROUP LIMITED – ASX SUN, WESTPAC (NZ) INVESTMENTS LIMITED, WESTPAC BANKING CORPORATION – ASX WBC, COMMONWEALTH BANK OF AUSTRALIA – ASX CBA

Aurizon wins fight over legacy perks

Original article by Ewin Hannan
The Australian Financial Review – Page: 3 : 4-Sep-15

The Federal Court has upheld a Fair Work Commission ruling terminating perks and job protection clauses in a union agreement with Aurizon, Australia’s biggest rail freight operator. The agreement had been imposed on Aurizon in 2010 when the Bligh Government privatised Queensland Rail. The so-called legacy provisions banned forced redundancies, placed restrictions on hiring and rostering and allowed for free travel for 6,000 employees and their families.

CORPORATES
AURIZON HOLDINGS LIMITED – ASX AZJ, AUSTRALIAN RAIL, TRAM AND BUS INDUSTRY UNION, FEDERAL COURT OF AUSTRALIA, AUSTRALIA. FAIR WORK COMMISSION, ACTU, UNIVERSITY OF ADELAIDE

Australian August real unemployment 9.2% – up for first time in 6 months

Original article by Roy Morgan Research
Morgan Poll Update – Page: Online : 4-Sep-15

Australian employment has increased to a new record in August to 11,578,000 (up a large 437,000 since August 2014). The strong rise in employment has been led by a large increase in full-time employment over the past year to 7,747,000 (up 300,000) and a strong increase in part-time employment to 3,831,000 (up 137,000),according to today’s Roy Morgan August employment estimates. However, despite the strong rise in Australian employment over the past year an increasing workforce means unemployment has also increased – now at 9.2 per cent (up 0.5 per cent in the last month and from a year ago).

CORPORATES
MORGAN POLL, ROY MORGAN RESEARCH LIMITED, AUSTRALIA. DEPT OF THE TREASURY, AUSTRALIAN LABOR PARTY, 7-ELEVEN STORES PTY LTD, UNITED PETROLEUM PTY LTD, AUSTRALIAN CHAMBER OF COMMERCE AND INDUSTRY, AUSTRALIA. FAIR WORK COMMISSION, AUSTRALIAN BUREAU OF STATISTICS, AUSTRALIA. PRODUCTIVITY COMMISSION, ALIBABA.COM CORPORATION, NEW YORK STOCK EXCHANGE, NEW SOUTH WALES. DEPT OF PREMIER AND CABINET