Author: roymorgansocial

Bloodline beats birthplace when it comes to Test Match Cricket viewers

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

A Roy Morgan Single Source survey has found that 33.1 per cent of Australians aged 14+ say they almost always or occasionally watch Test cricket on TV. The survey, which was carried out in the year to March 2015, also shows that 35.8 per cent of people who were born in Australia watch Test cricket on TV, compared with 36.5 per cent of Australians who were born in the UK. Meanwhile, just 23.9 per cent of Australians who were born elsewhere than in Australia or the UK watch Test cricket on TV.

CORPORATES
ROY MORGAN RESEARCH LIMITED, NINE NETWORK AUSTRALIA LIMITED, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, AUSTRALIAN FOOTBALL LEAGUE, NATIONAL RUGBY LEAGUE

All eyes on Greece as markets await result

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Original article by Rose Powell
The Australian Financial Review – Page: 22 : 6-Jul-15

Australia’s benchmark S&P/ASX200 Index shed 0.14 per cent in the week ended 3 July 2015. The debt crisis in Greece and the country’s referendum referendum are likely to be the key issue for investors when trading resumes on 6 July. Meanwhile, Stephen Walters of JP Morgan expects the Reserve Bank to leave the cash rate unchanged on 7 July, while Rob Rennie of Westpac forecasts that the Australian dollar will fall below $US0.75 in the near-term.

CORPORATES
STANDARD AND POOR’S ASX 200 INDEX, JP MORGAN AUSTRALIA LIMITED, RESERVE BANK OF AUSTRALIA, WESTPAC BANKING CORPORATION – ASX WBC, UBS GLOBAL ASSET MANAGEMENT (AUSTRALIA) LIMITED, UNITED STATES. FEDERAL RESERVE BOARD

Strong start to year buoys optimism

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Original article by Joyce Moullakis
The Australian Financial Review – Page: 19 : 6-Jul-15

Data from IRESS shows that equity trading volumes on the Australian Securities Exchange and Chi-X Australia have totalled around $A1.5bn so far in 2015. This compares with about $A1.2bn for the same period in 2014. Bruce Rolph of Citigroup expects trading volumes to remain strong in the second half of the calendar year, citing factors such as the potential for greater mergers and acquisitions activity and the August reporting season.

CORPORATES
IRESS LIMITED – ASX IRE, ASX LIMITED – ASX ASX, CHI-X AUSTRALIA PTY LTD, CITIGROUP PTY LTD, PATERSONS SECURITIES LIMITED, DEUTSCHE BANK AG, UBS HOLDINGS PTY LTD, MORGAN STANLEY AUSTRALIA LIMITED, JP MORGAN AUSTRALIA LIMITED, MACQUARIE GROUP LIMITED – ASX MQG, GREENSTONE LIMITED, IVE GROUP LIMITED, CARTER HOLT HARVEY LIMITED

Signs of slowing but Sydney strong

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Original article by Michael Bleby, Su-Lin Tan
The Australian Financial Review – Page: 3 : 6-Jul-15

Sydney’s residential property market boasted an auction clearance rate of 84.5 per cent on the weekend of 4-5 July 2015, according to Corelogic RP Data. Some 566 home went under the hammer, compared with 815 on the previous weekend, when the clearance rate was 82 per cent. The clearance rate in Melbourne fell from 78.5 per cent to 76.7 per cent, with the number of properties on offer falling from 924 to 527.

CORPORATES
CORELOGIC AUSTRALIA PTY LTD, RP DATA LIMITED, BELLE PROPERTY PTY LTD, RAY WHITE REAL ESTATE

Air NZ seeks to delay Qantas competition

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Original article by Jamie Freed
The Australian Financial Review – Page: 17 : 6-Jul-15

Qantas and American Airlines plan to increase capacity on the Australia-US route by about nine per cent in late 2015. Qantas will reintroduce flights from Sydney to San Francisco, while American Airlines will offer daily flights on the Sydney-Los Angeles route. They are awaiting interim approval for the increased capacity from the Australian Competition & Consumer Commission, but Air New Zealand has expressed concern about the proposed alliance in a submission to the competition regulator.

CORPORATES
QANTAS AIRWAYS LIMITED – ASX QAN, AMERICAN AIRLINES INCORPORATED, AIR NEW ZEALAND LIMITED – ASX AIZ, AUSTRALIAN COMPETITION AND CONSUMER COMMISSION, MOODY’S INVESTORS SERVICE INCORPORATED

Brinkworth may beef up holding

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Original article by Matthew Cranston
The Australian Financial Review – Page: 40 : 6-Jul-15

The rural property portfolio of S Kidman & Company has attracted interest from many potential buyers since it was put on the market in April 2015. South Australia-based grazier Tom Brinkworth is believed to be interested in buying some of the Kidman properties, but concedes that acquiring the entire portfolio – which comprises nearly 11 million hectares in total – may too ambitious.

CORPORATES
S KIDMAN AND COMPANY PTY LTD, ERNST AND YOUNG, SFM AUSTRALASIA PTY LTD

Local juniors under pressure after iron ore price slide

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Original article by Tess Ingram
The Australian Financial Review – Page: 15 & 20 : 6-Jul-15

The price of iron ore was trading at $US55.26 per tonne on 3 July 2015, having surrendered the bulk of recent gains during the week. UBS estimates that the break-even price for many smaller listed iron ore producers is just below the current price of iron ore, including BC Iron, Atlas Iron and Arrium. Glyn Lawcock of UBS notes that smaller iron ore miners have significantly reduced their costs since late 2014, and he expects further cost reductions in the next 12 months.

CORPORATES
UBS HOLDINGS PTY LTD, BC IRON LIMITED – ASX BCI, ATLAS IRON LIMITED – ASX AGO, ARRIUM LIMITED – ASX ARI, ROY HILL IRON ORE PTY LTD, MOUNT GIBSON IRON LIMITED – ASX MGX, GRANGE RESOURCES LIMITED – ASX GRR, FORTESCUE METALS GROUP LIMITED – ASX FMG, WOOD MACKENZIE, AUSTRALIA. DEPT OF INDUSTRY AND SCIENCE, RBC CAPITAL MARKETS, CITIGROUP PTY LTD

iiNet says Netflix surge calls for NBN price cut

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Original article by David Ramli
The Australian Financial Review – Page: 37 : 6-Jul-15

Australian-listed iiNet has increased its network capacity after customers complained of slower internet speeds due to the popularity of Netflix. However, CEO David Buckingham says prices for accessing the national broadband network will need to be significantly reduced to take into account the use of video streaming services. He adds that such services may not be affordable for many consumers when the NBN rollout is complete unless the issue is addressed.

CORPORATES
IINET LIMITED – ASX IIN, SINGTEL OPTUS PTY LTD, NETFLIX INCORPORATED, SUPERLOOP LIMITED – ASX SLC, TPG TELECOM LIMITED – ASX TPM, DODO INTERNET PTY LTD, EXETEL PTY LTD, TELSTRA CORPORATION LIMITED – ASX TLS, NBN CO LIMITED

Women MBAs no longer outnumbered

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Original article by Tim Dodd
The Australian Financial Review – Page: 14 : 6-Jul-15

The latest intake of MBA candidates at the University of Sydney comprises 23 women and 22 men. Business School dean Greg Whitwell has lauded the fact that the MBA program has achieved gender equality just two years after it was launched. The university believes that it is the first time female candidates have outnumbered male candidates in an MBA program in Australia. However, male students still generally dominate MBA programs nationwide.

CORPORATES
UNIVERSITY OF NEW SOUTH WALES, AUSTRALIAN NATIONAL COMMITTEE FOR UN WOMEN, MACQUARIE UNIVERSITY. GRADUATE SCHOOL OF MANAGEMENT, NEW SOUTH WALES. DEPT OF PLANNING AND ENVIRONMENT, FAMILY PLANNING ASSOCIATION OF NEW SOUTH WALES, AUSTRALIAN POPULATION ASSOCIATION INCORPORATED

Shorten’s popularity plummets

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Original article by Laura Tingle
The Australian Financial Review – Page: 1 & 4 : 6-Jul-15

Support for the federal Australian Labor Party on a two-party preferred basis is steady at 53 per cent in the latest Fairfax-Ipsos poll, compared with 47 per cent for the Coalition. However, the approval rating of Opposition Leader Bill Shorten has fallen by six points to 35 per cent, while Prime Minister Tony Abbott’s approval rating is down four points at 36 per cent. Meanwhile, 43 per cent of respondents have nominated Shorten as preferred prime minister, ahead of Abbott with 39 per cent.

CORPORATES
FAIRFAX MEDIA LIMITED – ASX FXJ, IPSOS AUSTRALIA PTY LTD, AUSTRALIAN LABOR PARTY, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, AUSTRALIAN GREENS, AUSTRALIAN BROADCASTING CORPORATION