Author: roymorgansocial

ANZ-Roy Morgan Consumer Confidence: Bumpy Ride for Confidence

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Original article by Roy Morgan Research
Market Research Update – Page: Online : 8-Apr-15

The ANZ-Roy Morgan Consumer Confidence rating for Australia fell by 2.3 per cent to 109.7 in the week ended 5 April 2015, its lowest level in almost eight months. The weakness was broadly based, with four out of the five sub-indices declining. The sub-index for confidence in the economic outlook over the next year fell by 2.9 per cent, while confidence in the economic outlook over the next five years fell by 1.3 per cent

CORPORATES
ROY MORGAN RESEARCH LIMITED, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ

iiNet must reveal downloaders’ IDs

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Original article by Marianna Papadakis, David Ramli, Max Mason
The Australian Financial Review – Page: 3 : 8-Apr-15

The Federal Court of Australia has upheld a bid to obtain the identities of people who allegedly downloaded illegal copies of a US film. Dallas Buyers Club LLC took legal action against several ISP to obtain the names and residential addresses of Australians associated with more than 4,700 IP addresses that were used to download "Dallas Buyers Club". The ruling affects iiNet, Dodo, Adam Internet, Amnet and Internode

CORPORATES
FEDERAL COURT OF AUSTRALIA, IINET LIMITED – ASX IIN, DODO INTERNET PTY LTD, ADAM INTERNET PTY LTD, AMNET LIMITED, INTERNODE SYSTEMS PTY LTD, M2 GROUP LIMITED – ASX MTU, DALLAS BUYERS CLUB LLC, VOLTAGE PICTURES LLC, COMMUNICATIONS ALLIANCE LIMITED, HIGH COURT OF AUSTRALIA

RBA baulks at 2pc cash rate, for now

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Original article by Jonathan Shapiro
The Australian Financial Review – Page: 1 & 6 : 8-Apr-15

The Australian dollar rallied to $US0.7690 on 7 April 2015, after the Reserve Bank left the cash rate on hold at 2.25 per cent. There was widespread expectation among financial market watchers that the central bank would reduce the cash rate, but they have priced in a 76 per cent chance of a rate cut in May. Vimal Gor of BT Investment Management and Paul Dale of Capital Economics both believe that the Reserve Bank missed a chance to put downward pressure on the dollar

CORPORATES
RESERVE BANK OF AUSTRALIA, BT INVESTMENT MANAGEMENT LIMITED – ASX BTT, CAPITAL ECONOMICS LIMITED, STANDARD AND POOR’S ASX 200 INDEX, JAMIESONCOOTEBONDS PTY LTD, AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION

The last supper: ownership of fine china and premium tableware plummets

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Original article by Roy Morgan Research
Market Research Update – Page: Online : 7-Apr-15

A Roy Morgan Single Source survey has found that 15.7 per cent of Australians aged 14+ had premium tableware/fine china in their household in the year to December 2014. This compares with 22.2 per cent in 2010. Meanwhile, the proportion of Australians who held a dinner party in an average three months fell from 24.2 per cent to 22.9 per cent over the same period, and the proportion of Australians who entertained friends or relatives at home fell from 65.3 per cent to 58.8 per cent. However, Australians who own fine china/premium tableware are much more likely to throw dinner parties and entertain friends and relatives than the average Australian

CORPORATES
ROY MORGAN RESEARCH LIMITED

Breville wants ‘internet of things’ future

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Original article by Sue Mitchell
The Australian Financial Review – Page: 15 : 8-Apr-15

Australian-listed Breville Group has advised that LG executive Jim Clayton will become CEO in July 2015. Breville chairman Steven Fisher says the company will pursue growth by developing a range of household appliances that are connected to the internet, with a focus on Wi-Fi in particular. However, he has ruled out an expansion into the wearable technology sector

CORPORATES
BREVILLE GROUP LIMITED – ASX BRG, LG ELECTRONICS INCORPORATED, APPLE INCORPORATED, JAWBONE, FITBIT INCORPORATED, GARMIN LIMITED, SYMPHONY TECHNOLOGY GROUP, SYMPHONY-METRO, McKINSEY AND COMPANY, THE GOLDMAN SACHS GROUP INCORPORATED, KORN/FERRY INTERNATIONAL

Iron ore price war rocks Atlas

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Original article by Amanda Saunders, Tess Ingram
The Australian Financial Review – Page: 1 & 8 : 8-Apr-15

Atlas Iron’s shares were placed in a trading halt on 7 April 2015, pending a review of its operations. The company has been hard hit by the downturn in the iron ore price, which has reached a long-term low of just $US46.70 per tonne. Atlas may put production at some of its mines on hold until the iron ore price recovers, while asset sales are also possible. However, there are concerns that its US bondholders could seek to appoint receivers or administrators

CORPORATES
ATLAS IRON LIMITED – ASX AGO, BC IRON LIMITED – ASX BCI, FORTESCUE METALS GROUP LIMITED – ASX FMG, ARRIUM LIMITED – ASX ARI, GRANGE RESOURCES LIMITED – ASX GRR, DELOITTE TOUCHE TOHMATSU LIMITED, ASHURST AUSTRALIA, LAZARD PTY LTD, BGC CONTRACTING PTY LTD, MACA LIMITED – ASX MLD, McALEESE LIMITED – ASX MCS, HOULIHAN LOKEY HOWARD AND ZUKIN, PATERSONS SECURITIES LIMITED

Leave GST allocation, as it is, Hockey advised

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Original article by Phillip Coorey
The Australian Financial Review – Page: 4 : 8-Apr-15

Australia’s federal and state Treasurers will meet in Canberra on 9 April 2015. The distribution of goods and services tax revenue will be on the agenda, with Western Australia arguing for some years that it is disadvantaged by the current distribution model. However, a Commonwealth Grants Commission report has recommended retaining the status quo

CORPORATES
AUSTRALIA. COMMONWEALTH GRANTS COMMISSION, AUSTRALIA. DEPT OF THE TREASURY

Oil price will not make a splash before December quarter, says NAB

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Original article by Angela Macdonald-Smith
The Australian Financial Review – Page: 26 : 8-Apr-15

West Texas Intermediate crude oil rallied on 6 April 2015, to $US52.14 per barrel, and Brent crude oil traded at $US58.12. Meanwhile, National Australia Bank has forecast that the price of Brent oil will average $US54 during the June quarter and $US58 in the September quarter. However, the banking major is more upbeat about the longer-term price, forecasting that it will average $US63 per barrel in the December quarter

CORPORATES
NATIONAL AUSTRALIA BANK LIMITED – ASX NAB, WOODSIDE PETROLEUM LIMITED – ASX WPL, UNITED STATES. DEPT OF ENERGY. ENERGY INFORMATION ADMINISTRATION

Escape to the country: regional destinations preferred for short breaks

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Original article by Roy Morgan Research
Market Research Update – Page: Online : 7-Apr-15

A Roy Morgan Single Source survey has found that almost 50 per cent of Australians aged 14+ took at least one short domestic trip of one or two nights in the year to December 2014. Most of these quick-trippers stayed within their state of residence, with 37 per cent of Melburnians taking at least one short break to regional destinations within their own state, ahead of the 36 per cent of Brisbanites who headed for country Queensland destinations. Likewise, 38 per cent of people living in country New South Wales took at least one short trip to another rural destination in the state, while 36 per cent of country Queenslanders did the same in their state

CORPORATES
ROY MORGAN RESEARCH LIMITED

L-NP support jumps following Mike Baird’s triumph in NSW Election

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Original article by Roy Morgan Research
Morgan Poll Update – Page: Online : 7-Apr-15

A multi-mode Morgan Poll on Federal voting intention has found that support for the Coalition on a two-party preferred basis has risen by three per cent to 47 per cent. The poll, which was carried out on the weekends of 28-29 March and 3-6 April 2015, also shows that support for the Australian Labor Party has fallen by three per cent to 53 per cent. Roy Morgan Research executive chairman Gary Morgan says labour market deregulation is needed to stimulate the economy and enable the 2.5 million Australians who are unemployed and under-employed to get jobs

CORPORATES
MORGAN POLL, ROY MORGAN RESEARCH LIMITED, LIBERAL PARTY OF AUSTRALIA, NATIONAL PARTY OF AUSTRALIA, AUSTRALIAN LABOR PARTY, AUSTRALIAN GREENS, PALMER UNITED PARTY, AUSTRALIA. DEPT OF THE TREASURY, NEW SOUTH WALES. DEPT OF PREMIER AND CABINET