Author: roymorgansocial

Union threat to China free trade deal

roymorgansocial Leave a comment

Original article by Phillip Coorey
The Australian Financial Review – Page: 1 & 4 : 17-Jul-15

The free-trade agreement with China will be a key issue at the Australian Labor Party’s National Conference in July 2015. A group of unions will lobby the Opposition to pursue changes to the trade deal when the bill is debated in parliament, while shadow trade minister Penny Wong has expressed concern that the trade deal does not protect Australian jobs. Independent Senator Nick Xenophon also has reservations about some aspects of the deal with regard to imported labour.

CORPORATES
AUSTRALIAN LABOR PARTY, AUSTRALIA. DEPT OF FOREIGN AFFAIRS AND TRADE, AUSTRALIAN WORKERS’ UNION-FEDERATION OF INDUSTRIAL, MANUFACTURING AND ENGINEERING EMPLOYEES, AUSTRALIAN MANUFACTURING WORKERS’ UNION, TRANSPORT WORKERS’ UNION, CONSTRUCTION, FORESTRY, MINING AND ENERGY UNION OF AUSTRALIA, TEXTILE, CLOTHING AND FOOTWEAR ASSOCIATION OF QUEENSLAND, MARITIME UNION OF AUSTRALIA

Buying car parts and accessories online

roymorgansocial Leave a comment

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

A Roy Morgan Single Source survey has found that 40 per cent of Australians aged 14+ (or 7.7 million people) made at least one purchase via the internet in an average four weeks during the year to March 2015. This compares with 5.3 million in March 2011. The survey also shows that the number of Australians who have bought an automotive product online in an average four weeks has risen from 219,000 to 306,000 over this period. Meanwhile, people who regard themselves as "as a bit of a car enthusiast" are almost 200 per cent more likely than the average Australian to buy auto parts online in an average four weeks.

CORPORATES
ROY MORGAN RESEARCH LIMITED

Going Dotti for Zara: Australia’s fashion retail scene offers the best of both worlds

roymorgansocial Leave a comment

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

A Roy Morgan Single Source survey has found that just over 10.5 million Australians aged 14+ buy at least one item of clothing in an average four-week period. The survey, which was carried out in the year to March 2015, also shows that Swedish mega-chain H&M is the most popular, with 143,000 Australian shoppers in any given four weeks. It is followed by Australian boutique Forever New (108,000 shoppers ) and Spanish giant Zara (106,000). Meanwhile, Cue customers are the biggest spenders, with a mean spend of $A165 per visit.

CORPORATES
ROY MORGAN RESEARCH LIMITED, HENNES OCH MAURITZ AB, FOREVER NEW CLOTHING PTY LTD, ZARA, CUE CLOTHING COMPANY, UNIQLO COMPANY LIMITED, TOPSHOP, ESPRIT AUSTRALIA PTY LTD, THE GAP INCORPORATED, SUPRE PTY LTD, SPORTSGIRL, DOTTI

Hassle-free holidays: Australia’s package tour market

roymorgansocial Leave a comment

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

A Roy Morgan Single Source survey has found that 1.6 per cent of Australians aged 14+ went on a package tour for their last holiday. The survey, which was carried out in the year to March 2015, also shows that 36.5 per cent of Australians who opted for a package tour on their last trip were Baby Boomers. Meanwhile, Pre-Boomers accounted for 24.1 per cent of package-tour travellers, followed by Generation X (15.9 per cent) and Generation Y (13.2 per cent).

CORPORATES
ROY MORGAN RESEARCH LIMITED

Flexibility key to Amaysim’s appeal says Ogrin

roymorgansocial Leave a comment

Original article by David Ramli
The Australian Financial Review – Page: 19 & 24 : 16-Jul-15

Shares in mobile virtual network operator Amaysim closed at $A1.90 on 15 July 2015, compared with an issue price of $A1.80. Amaysim currently boasts about 718,000 mobile subscribers, and it is targeting one million customers by 2019. CEO Julian Ogrin is confident that Amaysim will continue to grow, noting that Australian consumers are increasingly demanding more control over the mobile handset and provider they use. Amaysim resells mobile services via the Optus network.

CORPORATES
AMAYSIM AUSTRALIA LIMITED – ASX AYS, SINGTEL OPTUS PTY LTD, TELSTRA CORPORATION LIMITED – ASX TLS, VODAFONE HUTCHISON AUSTRALIA PTY LTD, VODAFONE AUSTRALIA LIMITED, GOLDMAN SACHS AND PARTNERS AUSTRALIA PTY LTD, MACQUARIE BANK LIMITED – ASX MBL

Perpetual takes $1.6 billion hit

roymorgansocial Leave a comment

Original article by Ruth Liew, Vanessa Desloires
The Australian Financial Review – Page: 22 : 16-Jul-15

Listed wealth manager Perpetual has advised that its funds under management fell from $A34.7bn to $A30.2bn in the June 2015 quarter. Equities accounted for the bulk of the $A1.6bn worth of net outflows for the quarter. The group had reported net inflows for each of the previous seven quarters. CEO Geoff Lloyd has refuted suggestions that the rise in outflows is linked to the resignation of Matt Williams as head of equities. Perpetual shares closed 6.6 per cent lower at $A45.60 on 15 July.

CORPORATES
PERPETUAL LIMITED – ASX PPT

Mt Gibson iron ore mine may close if prices stay low

roymorgansocial Leave a comment

Original article by Tess Ingram
The Australian Financial Review – Page: 22 : 16-Jul-15

Mount Gibson Iron achieved a 15 per cent reduction in costs at its Extension Hill iron ore mine in Western Australia during the second half of 2014-15. The group aims to further reduce costs in 2015-16, with production slated to rise from three million tonnes per annum to at least 3.5 million tonnes. However, CEO Jim Beyer has not ruled out closing the mine if the iron ore price remains subdued. The steel input is trading at around $US50 per tonne.

CORPORATES
MOUNT GIBSON IRON LIMITED – ASX MGX

Winter vortex warms retailers’ hearts

roymorgansocial Leave a comment

Original article by Patrick Hatch
The Australian Financial Review – Page: 3 : 16-Jul-15

Australian retailers have enjoyed a surge in sales of warm clothing and heaters due to the onset of very cold weather in the eastern states in mid-July 2015. The Good Guys’ sales of portable heaters have risen by 20 per cent in Victoria and 22 per cent in New South Wales, while Melbourne clothing retailers Otto & Spike and The Coat Man have reported strong demand for their products. Bogong Equipment’s sales of skiing gear have also risen strongly.

CORPORATES
THE GOOD GUYS, OTTO AND SPIKE, THE COAT MAN, BOGONG EQUIPMENT PTY LTD, LMB KNITWEAR PTY LTD

Neil Lawrence’s ‘Kevin 07’ brilliance remembered

roymorgansocial Leave a comment

Original article by Dominic White
The Australian Financial Review – Page: 3 : 16-Jul-15

Politicians and advertising industry executives have praised the late Neil Lawrence, following his death while on holiday in the Maldives. The founder of Lawrence Creative Strategy was responsible for the election-winning "Kevin 07" marketing campaign for the Australian Labor Party, as well as the "Keep Mining Strong" campaign against Labor’s proposed mining tax in 2010. He also developed Qantas’s "Feels Like Home" marketing campaign in 2014.

CORPORATES
LAWRENCE CREATIVE STRATEGY PTY LTD, AUSTRALIAN LABOR PARTY, QANTAS AIRWAYS LIMITED – ASX QAN, STW COMMUNICATIONS GROUP LIMITED – ASX SGN, WESFARMERS LIMITED – ASX WES, AGL PETROLEUM, BHP BILLITON LIMITED – ASX BHP

Housing starts top 200,000 for first time

roymorgansocial Leave a comment

Original article by Michael Bleby
The Australian Financial Review – Page: 48 : 16-Jul-15

The Australian Bureau of Statistics has reported that there were a record 203,760 dwelling commencements in the year to March 2015. This compares with 198,849 in the year to December 2014. Housing starts in Victoria and Queensland rose by around 20 per cent during the March quarter, although growth in New South Wales was just 1.9 per cent. The value of construction activity across all sectors of the industry totalled $A23.7 billion during the quarter.

CORPORATES
AUSTRALIAN BUREAU OF STATISTICS, MASTER BUILDERS AUSTRALIA INCORPORATED, HOUSING INDUSTRY ASSOCIATION LIMITED