Author: roymorgansocial

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

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Original article by Roy Morgan Research
Market Research Update – Page: Online : 6-Aug-15

Roy Morgan Research’s Australian Magazine Readership Survey shows that 12,378,000 Australians aged 14+ read the latest issue of at least one magazine on average in the year to June 2015. "Coles Magazine" was the most widely read print magazine during the period, with an average readership of 2,721,000. Meanwhile, a number of titles recorded an increase in total cross-platform audiences, including "Cosmopolitan" (up three per cent to 513,000), "Men’s Health" (up 1.6 per cent to 587,000) and "New Idea" (up 1.3 per cent to 1,340,000).

CORPORATES
ROY MORGAN RESEARCH LIMITED, COLES SUPERMARKETS AUSTRALIA PTY LTD, WOOLWORTHS LIMITED – ASX WOW, BAUER MEDIA KG

Office tenants up but with eye on new supply

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Original article by Robert Harley
The Australian Financial Review – Page: 45 : 6-Aug-15

Sydney’s CBD office vacancy rate fell to 6.3 per cent in July 2015. Strong demand for office space is not limited to the CBD but is also evident in a number of metropolitan areas, including North Ryde, Chatswood and North Sydney. Stephen McNabb, the head of research at CBRE, expects this trend to continue for the next two to three years.

CORPORATES
CBRE PTY LTD, PROPERTY COUNCIL OF AUSTRALIA LIMITED, JONES LANG LASALLE AUSTRALIA PTY LTD, LPC AUSTRALIA PTY LTD, WESTPAC BANKING CORPORATION – ASX WBC, ASHURST AUSTRALIA, ERNST AND YOUNG, DEXUS PROPERTY GROUP – ASX DXS

Hunt slams lobbyists for Adani hold-up

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Original article by Mark Ludlow
The Australian Financial Review – Page: 3 : 6-Aug-15

Federal Environment Minister Greg Hunt has accused environmental activists of using litigation as often as possible to obstruct the approval process for mining projects. On 5 August 2015, the Federal Court of Australia set aside environmental approval for the Carmichael coal mine project in Queensland, to be developed by Indian company Adani. The litigant, the Mackay Conservation Group, is confident that the mine will not be built, but Hunt has vowed to issue a new approval as quickly as possible.

CORPORATES
FEDERAL COURT OF AUSTRALIA, ADANI MINING PTY LTD, MACKAY CONSERVATION GROUP INCORPORATED, QUEENSLAND. DEPT OF MINES AND ENERGY, AUSTRALIAN LABOR PARTY, AUSTRALIA. DEPT OF THE ENVIRONMENT

Demand soars in big cities as mining eases

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Original article by Su-Lin Tan
The Australian Financial Review – Page: 44 : 6-Aug-15

Recent data on Australia’s commercial vacancy rates suggest that non-mining sectors are expanding. The Property Council of Australia’s "Office Market Report" for July 2015 shows that Sydney’s vacancy rate fell to 6.3 per cent in July, from 7.4 per cent in January. Sectors that are particularly active in the office market include educational institutions, insurance companies, banks, fintech hubs and government departments.

CORPORATES
PROPERTY COUNCIL OF AUSTRALIA LIMITED, TYRO PAYMENTS, COLLIERS INTERNATIONAL HOLDINGS (AUSTRALIA) LIMITED, MMJ REAL ESTATE PTY LTD, AUSTRALIAN TECHNICAL AND MANAGEMENT COLLEGE PTY LTD, COMMONWEALTH BANK OF AUSTRALIA – ASX CBA, BANK OF QUEENSLAND LIMITED – ASX BOQ, KNIGHT FRANK AUSTRALIA PTY LTD, INSURANCE AUSTRALIA GROUP LIMITED – ASX IAG

Big banks make overtures to home buyers

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Original article by Duncan Hughes
The Australian Financial Review – Page: 48 : 6-Aug-15

Australian lenders are actively targeting the owner-occupier segment of the residential property market, due to new restriction on lending to property investors. Westpac-owned regional banks are offering a range of incentives for owner-occupiers, while some smaller lenders are reducing their loan-to-value ratios in a bid to gain market share from their larger peers.

CORPORATES
WESTPAC BANKING CORPORATION – ASX WBC, ST GEORGE BANK LIMITED, BANK OF MELBOURNE LIMITED, CAPITAL HOMELOANS PTY LTD, BLUEBAY HOME LOANS PTY LTD, LIBERTY FINANCIAL PTY LTD, MORTGAGE AND FINANCE ASSOCIATION OF AUSTRALIA

Gold producers say growth on the agenda

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Original article by Tess Ingram
The Australian Financial Review – Page: 27 : 6-Aug-15

OceanaGold Corporation and Metals X have announced new acquisitions. OceanaGold is buying Canadian-listed Romarco Metals through a $C856 million ($A884.86 million) takeover offer. Metals X is acquiring RNI’s Grosvenor gold project and Panoramic Resources’ Mount Henry project. Metals X is also trying to buy Tanami Gold’s Central Tanami project, even though Tanami Gold has signed an agreement to sell the asset to Northern Star Resources.

CORPORATES
OCEANAGOLD CORPORATION – ASX OGC, METALS X LIMITED – ASX MLX, RNI NL – ASX RNI, EVOLUTION MINING LIMITED – ASX EVN, ROMARCO MINERALS INCORPORATED, PANORAMIC RESOURCES LIMITED – ASX PAN, BHP BILLITON LIMITED – ASX BHP, NORTHERN STAR RESOURCES LIMITED – ASX NST, TANAMI GOLD NL – ASX TAM, GOLD FIELDS LIMITED, DIGGERS AND DEALERS FORUM

Miners criticise investors chasing instant gratification

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Original article by Tess Ingram
The Australian Financial Review – Page: 27 : 6-Aug-15

Mining companies are under pressure from investors to deliver quick results, but the nature of the mining sector means that time and effort is needed to make major discoveries. Sandfire Resources MD Karl Simich said that there is no place for short-termism in the sector. Metals X CEO Peter Cook also noted a change in investor expectations and the emphasis on dividends rather than capital appreciation.

CORPORATES
SANDFIRE RESOURCES NL – ASX SFR, METALS X LIMITED – ASX MLX

Jetstar says south-east Asia routes taking off

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Original article by Jamie Freed
The Australian Financial Review – Page: 26 : 6-Aug-15

Australians have changed their travel destinations, in response to the fall in the Australian dollar. Jetstar Group CEO Jayne Hrdlicka told the CAPA 2015 Australia-Pacific Aviation Summit in Sydney on 5 August 2015 that demand has shifted towards south-east Asia, which is cheaper that the US and Europe. Demand for domestic destinations is still subdued, but Hrdlicka expects an improvement over the next two years.

CORPORATES
JETSTAR AIRLINES PTY LTD, VIRGIN AUSTRALIA HOLDINGS LIMITED – ASX VAH, CENTRE FOR ASIA PACIFIC AVIATION, CHINA SOUTHERN AIRLINES COMPANY LIMITED

James Murdoch told to save pay TV

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Original article by Tony Boyd
The Australian Financial Review – Page: 56/51 : 6-Aug-15

Streaming video-on-demand provider Netflix poses a serious competitive threat to pay-TV. Sanford C Bernstein analyst Todd Juenger writes in a note to institutional investors that viewers will abandon pay-TV if a new business model is not found. The note is titled "Open Letter to Mr Murdoch" because Juenger believes that 21st Century Fox CEO James Murdoch is the right person to tackle the problem.

CORPORATES
SANFORD C BERNSTEIN AND COMPANY, 21ST CENTURY FOX INCORPORATED, NETFLIX INCORPORATED, FOXTEL MANAGEMENT PTY LTD, TIME WARNER COMMUNICATIONS INCORPORATED, AUSTRALIAN COMPETITION AND CONSUMER COMMISSION

Harvey Norman predicted to be solid

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Original article by Stephen Cauchi
The Australian Financial Review – Page: 31 : 6-Aug-15

UBS has a "buy" recommendation on a number of retail stocks that benefit from a strong housing market. The firm is particularly upbeat about the outlook for Harvey Norman in the August 2015 reporting season, although it also likes JB Hi-Fi, Breville Group and Adairs. However, UBS is bearish about grocery retailers. Credit Suisse also favours Harvey Norman, while JB Hi-Fi is the top pick for Macquarie Group.

CORPORATES
UBS HOLDINGS PTY LTD, HARVEY NORMAN HOLDINGS LIMITED – ASX HVN, JB HI-FI LIMITED – ASX JBH, BREVILLE GROUP LIMITED – ASX BRG, ADAIRS LIMITED – ASX ADH, CREDIT SUISSE (AUSTRALIA) LIMITED, MACQUARIE GROUP LIMITED – ASX MQG, WOOLWORTHS LIMITED – ASX WOW, WESFARMERS LIMITED – ASX WES, METCASH LIMITED – ASX MTS, MYER HOLDINGS LIMITED – ASX MYR, SUPER RETAIL GROUP LIMITED – ASX SUL