Which make of car do Australians like most?

Original article by Roy Morgan Research
Market Research Update – Page: Online : 3-Jun-15

A Roy Morgan Single Source survey, which was carried out in the year to March 2015, has found that 36.5% of Australians aged 14+ who are planning to buy a new car within the next four years say that Toyota is "a brand I like". This compares with 31.5 per cent in the previous 12 months. Meanwhile, 28.8 per cent of new car intenders said they like BMW, followed by Mercedes-Benz (27.8 per cent) and Audi (25.7 per cent).

CORPORATES
ROY MORGAN RESEARCH LIMITED, TOYOTA MOTOR CORPORATION AUSTRALIA LIMITED, MERCEDES-BENZ AUSTRALIA PTY LTD, BMW AUSTRALIA LIMITED, AUDI AUSTRALIA PTY LTD, FORD MOTOR COMPANY AUSTRALIA LIMITED, GM HOLDEN LIMITED

Aussies have how much annual leave accrued?!

Original article by Roy Morgan Research
Market Research Update – Page: Online : 2-Jun-15

A Roy Morgan Single Source survey has found that Australians aged 14+ who are in full-time employment have a total of 123,510,000 days of annual leave accrued. This is an average of just under 21 days’ leave each. Male workers account for 69% (85,357,000 days) of total leave owed, or an average of 22 days each, while female workers have 38,153,000 days of accrued annual leave, with the individual average being 18 days. Meanwhile, people in Wholesaling (25 days), Public Administration and Defence (24 days), Agriculture (24 days) and Transport and Storage (24 days) are especially likely to have accumulated substantial leave balances.

CORPORATES
ROY MORGAN RESEARCH LIMITED

Bubble call splits politics

Original article by Sally Patten, Phillip Coorey, Jacob Greber
The Australian Financial Review – Page: 1 & 6 : 3-Jun-15

Prime Minister Tony Abbott does not believe that Australia is experiencing a housing bubble, and has claimed that the Opposition wants house prices to fall. Meanwhile, financial system inquiry chairman David Murray has warned of the economic impact of a residential property market correction in Melbourne and Sydney. He expects the Australian Prudential Regulation Authority to pursue additional measures aimed at reining in lending to property investors.

CORPORATES
AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, AUSTRALIAN LABOR PARTY, AUSTRALIAN PRUDENTIAL REGULATION AUTHORITY, RESERVE BANK OF AUSTRALIA, STANDARD AND POOR’S ASX 200 INDEX, WESTPAC BANKING CORPORATION – ASX WBC, DELOITTE ACCESS ECONOMICS PTY LTD, MIRVAC GROUP – ASX MGR, LEND LEASE GROUP LIMITED – ASX LLC, AUSTRALIA. DEPT OF THE TREASURY, VICTORIA. DEPT OF TREASURY AND FINANCE, AUSTRALIAN BUREAU OF STATISTICS

The best and worst times to do your grocery-shopping

Original article by Roy Morgan Research
Market Research Update – Page: Online : 2-Jun-15

A Roy Morgan Single Source survey has found that 51.2 per cent of Australians aged 14+ who are grocery buyers usually do their main grocery shopping on a specific day of the week. Some 14.2 per cent of grocery buyers go to the supermarket on Saturdays, while 10.9 per cent do so on Thursdays. In contrast, just five per cent do their grocery shopping on Mondays and 5.4 per cent do so on Tuesdays. The survey also shows that under-25s are more likely to do their main grocery shop on Sundays than any other day (12.2 per cent), while those aged 65+ are more likely to buy groceries on Thursdays (16.8 per cent).

CORPORATES
ROY MORGAN RESEARCH LIMITED, COLES SUPERMARKETS AUSTRALIA PTY LTD, WOOLWORTHS LIMITED – ASX WOW, ALDI STORES SUPERMARKETS PTY LTD, IGA

Atlas strikes deal to get Mt Webber mine going

Original article by Tess Ingram
The Australian Financial Review – Page: 16 : 3-Jun-15

Atlas Iron expects to resume production at its Mt Webber iron ore mine in Western Australia in July 2015. Atlas has secured a new deal with mining contractor BGC Contracting, which will be paid both cash and shares, although the value of the deal will be linked to Atlas’s proposed capital raising. Atlas previously struck new deals with other contractors, including McAleese. Atlas anticipates that Mt Webber’s break-even price will be $US50 when mining resumes. Annual production is slated to be six million tonnes.

CORPORATES
ATLAS IRON LIMITED – ASX AGO, BGC CONTRACTING PTY LTD, McALEESE LIMITED – ASX MCS, MACA LIMITED – ASX MLD, QUBE HOLDINGS LIMITED – ASX QUB, MOODY’S INVESTORS SERVICE INCORPORATED

Virtus shares drop 20pc on profit downgrade

Original article by Yolanda Redrup
The Australian Financial Review – Page: 16 : 3-Jun-15

Australian-listed IVF group Virtus Health has slightly downgraded its net profit forecast for 2014-15. The group indicated in February 2015 that its market share was 45.6 per cent, but it advised on 2 June that bulk-billing providers in New South Wales have eroded its market share. Virtus shares closed 19.92 per cent lower at $A6.11.

CORPORATES
VIRTUS HEALTH LIMITED – ASX VRT, PRIMARY HEALTH CARE LIMITED – ASX PRY, QUADRANT PRIVATE EQUITY PTY LTD

Soaring small caps perturb strategists

Original article by Rose Powell, Patrick Commins
The Australian Financial Review – Page: 25 : 3-Jun-15

Australian-listed small-capitalisation industrial stocks have rallied since March 2015, while industrials in the S&P/ASX 50 have generally underperformed. Investor support for small-caps has been driven by factors such as an upturn in the sector’s return on equity (ROE), as well as a corresponding decline in ROE for larger stocks. Meanwhile, Matthew Ross of Goldman Sachs says valuations in the small-cap sector may have become stretched.

CORPORATES
GOLDMAN SACHS AND PARTNERS AUSTRALIA PTY LTD, STANDARD AND POOR’S ASX 50 INDEX, STANDARD AND POOR’S ASX 200 INDEX, RESERVE BANK OF AUSTRALIA, IPROPERTY GROUP LIMITED – ASX IPP, NEXTDC LIMITED – ASX NXT, DOMINO’S PIZZA ENTERPRISES LIMITED – ASX DMP, TECHNOLOGY ONE LIMITED – ASX TNE, CORPORATE TRAVEL MANAGEMENT LIMITED – ASX CTD, INFOMEDIA LIMITED – ASX IFM, SIRTEX MEDICAL LIMITED – ASX SRX, ALTIUM LIMITED – ASX ALU, MANTRA GROUP LIMITED – ASX MTR, TFS CORPORATION LIMITED – ASX TFC

Cold snap heats up store clearance sales

Original article by Sue Mitchell
The Australian Financial Review – Page: 18 : 3-Jun-15

The mid-season clearance sales of Australian retailers are expected to benefit from a chilly start to winter across much of the country. The cold weather is likely to boost demand for warm clothing, allowing department stores and specialty retailers to reduce their winter inventory. Myer has commenced its clearance sale more than a week ahead of schedule, and aims to sell about $150m worth of stock, while David Jones is offering big discounts in its mid-year sale.

CORPORATES
MYER HOLDINGS LIMITED – ASX MYR, DAVID JONES LIMITED, WOOLWORTHS HOLDINGS LIMITED, PORTMANS PTY LTD, SABA, OROTONGROUP LIMITED – ASX ORL, DAVID LAWRENCE, CUE, CREDIT SUISSE (AUSTRALIA) LIMITED, WESFARMERS LIMITED – ASX WES, COLES GROUP LIMITED, KMART AUSTRALIA LIMITED, TOP RYDE SHOPPING CENTRE

Retailers eye battery ‘revolution’

Original article by Angela Macdonald-Smith
The Australian Financial Review – Page: 15 : 3-Jun-15

Battery storage technology is widely tipped to be the "next big thing" for Australian households. A number of energy groups are banking on future demand for battery storage, with AGL Energy entering the market in May 2015. Red Energy, Ergon Energy and ActewAGL hope to begin selling Panasonic’s new home battery system later in 2015, after they undertake a trial of the technology. Demand for battery storage solutions is expected to be particularly high among households with solar power.

CORPORATES
AGL ENERGY LIMITED – ASX AGL, RED ENERGY PTY LTD, SNOWY HYDRO LIMITED, ERGON ENERGY CORPORATION LIMITED, ACTEWAGL, PANASONIC AUSTRALIA PTY LTD, ORIGIN ENERGY LIMITED – ASX ORG, TESLA MOTORS INCORPORATED, ENPHASE ENERGY, MORGAN STANLEY AUSTRALIA LIMITED, AUSTRALIAN RENEWABLE ENERGY AGENCY

Equities titans say ‘leave dividend imputation alone’

Original article by Vesna Poljak
The Australian Financial Review – Page: 13 & 20 : 3-Jun-15

Balanced Equity Management fund manager Andrew Sisson has urged the Australian Government to retain dividend imputation. He warning that scrapping the regime will result in lower dividend payouts and prompt more companies to shift their tax liabilities offshore. Veteran fund manager Peter Morgan also favours retaining the current system, as do Djerriwarrh Investments and Westpac. Perpetual did not make a submission on the Government’s tax white paper.

CORPORATES
BALANCED EQUITY MANAGEMENT PTY LTD, DJERRIWARRH INVESTMENTS LIMITED – ASX DJW, WESTPAC BANKING CORPORATION – ASX WBC, BT FINANCIAL GROUP PTY LTD, PERPETUAL LIMITED – ASX PPT, 452 CAPITAL PTY LTD, AMP LIMITED – ASX AMP, INSURANCE AUSTRALIA GROUP LIMITED – ASX IAG, NATIONAL AUSTRALIA BANK LIMITED – ASX NAB, QBE INSURANCE GROUP LIMITED – ASX QBE, BOND CORPORATION HOLDINGS LIMITED