Author: roymorgansocial

Queue for mining jobs shows the industry’s pain

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Original article by Angus Grigg
The Australian Financial Review – Page: 20 : 25-Mar-15

Sirius Resources’ Nova nickel mine in Western Australia is slated to cost $A443m and will commence production in 2016. CEO Mark Bennett notes it would have cost about $A650m to build the mine during the resources boom’s peak. He adds that it is now also much easier to secure workers than three years ago, and each job Sirius advertises now attracts about 300 applicants

CORPORATES
SIRIUS RESOURCES NL – ASX SIR, WOODSIDE PETROLEUM LIMITED – ASX WPL

Mike Baird set to lead L-NP to clear victory in NSW Election

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Original article by Roy Morgan Research
Morgan Poll Update – Page: Online : 24-Mar-15

A special SMS Morgan Poll on State voting intention has found that support for the New South Wales Coalition on a two-party preferred basis has risen by 0.5 per cent to 56 per cent. The poll, which was carried out from 20-23 March 2015, also shows that support for the Australian Labor Party has fallen by 0.5 per cent to 44 per cent. Roy Morgan Research executive chairman Gary Morgan says all signs points to a comfortable victory for the Coalition on 28 March, despite the Coalition’s losses in recent state elections in Queensland and Victoria

CORPORATES
MORGAN POLL, ROY MORGAN RESEARCH LIMITED, LIBERAL PARTY OF NEW SOUTH WALES, NATIONAL PARTY OF AUSTRALIA, NEW SOUTH WALES. DEPT OF PREMIER AND CABINET, AUSTRALIAN LABOR PARTY, AUSTRALIAN GREENS, CHRISTIAN DEMOCRATIC PARTY, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET

TPG’s Teoh pledges to keep best of iiNet

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Original article by David Ramli
The Australian Financial Review – Page: 17 & 22 : 25-Mar-15

TPG Telecom has posted a 2014-15 interim net profit of $A106.7m, which is 18 per cent higher than previously. Meanwhile, executive chairman David Teoh says the group’s $A1.4bn takeover offer for iiNet is "compelling". He has responded to criticism from some iiNet shareholders by stressing that the target’s customer service will not be affected if the bid succeeds. He also says it is too early to know the extent of any job cuts at iiNet

CORPORATES
TPG TELECOM LIMITED – ASX TPM, IINET LIMITED – ASX IIN, BT INVESTMENT MANAGEMENT LIMITED – ASX BTT, TELSTRA CORPORATION LIMITED – ASX TLS

Digital economy chips in $79b a year

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Original article by Paul Smith
The Australian Financial Review – Page: 8 : 25-Mar-15

A Deloitte Access Economics report estimates that the digital economy now accounts for 5.1 per cent of Australia’s GDP, and this is forecast to reach 7.3 per cent by 2020. The value of the digital economy is expected to rise from $A79bn at present to $A139bn in five years’ time. The report was produced on behalf of Google, whose Australian MD Maile Carnegie says action is needed to increase the supply of skilled workers in the information and communications technology sector

CORPORATES
DELOITTE ACCESS ECONOMICS PTY LTD, GOOGLE INCORPORATED, ORGANISATION FOR ECONOMIC CO-OPERATION AND DEVELOPMENT

Caffeine wars: which city is Australia’s coffee capital?

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Original article by Roy Morgan Research
Market Research Update – Page: Online : 24-Mar-15

A Roy Morgan Single Source survey has found that 56.8 per cent of Australians aged 14+ visited a cafe in an average three-month period in the year to December 2014, compared with 53.7 per cent in 2010. The survey also shows that 38.4 per cent of the population bought fresh coffee in any given four weeks in 2014, up from 36.3 per cent in 2010. Meanwhile, 63.3 per cent of Melburnians pay at least one visit to a cafe for coffee or tea in an average three months, ahead of Hobart residents (62.7 per cent) and Sydneysiders (61 per cent)

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ROY MORGAN RESEARCH LIMITED

Budget woos small firms, start-ups

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Original article by Phillip Coorey
The Australian Financial Review – Page: 1 & 4 : 25-Mar-15

The Australian Government’s May 2015 Budget will include tax relief for small businesses, including those that are not incorporated. There were concerns that they would not receive the proposed 1.5 per cent reduction in the company tax rate for small businesses. The Government may also introduce accelerated depreciation for assets held by small businesses, while it intends to wind back changes to employee option schemes that were implemented by the Australian Labor Party

CORPORATES
AUSTRALIA. DEPT OF INDUSTRY AND SCIENCE, AUSTRALIAN LABOR PARTY, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET

Married bliss more than a myth

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Original article by Roy Morgan Research
Market Research Update – Page: Online : 24-Mar-15

A Roy Morgan Single Source survey, which was carried out in the year to December 2014, has found that married people are much less likely to experience anxiety, depression and panic attacks than those who are single, separated, divorced, widowed, engaged or in a de facto relationship. Their stress levels are also dramatically lower, second only to widowed people

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ROY MORGAN RESEARCH LIMITED

Living standards rise again

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Original article by Jacob Greber
The Australian Financial Review – Page: 5 : 24-Mar-15

Research by the National Centre for Social & Economic Modelling at the University of Canberra shows that household incomes in Australia rose by 2.7 per cent in 2014. Meanwhile, the cost of living increased by just 1.4 per cent. The latter trend is the result of lower energy costs

CORPORATES
UNIVERSITY OF CANBERRA. NATIONAL CENTRE FOR SOCIAL AND ECONOMIC MODELLING, RESERVE BANK OF AUSTRALIA

Premier Investments in fight to get the right lease deals

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Original article by Robert Harley
The Australian Financial Review – Page: 40 : 24-Mar-15

Australian-listed Premier Investments boasts more than 1,000 retail stores. The group’s rent bill for the first half of 2014-15 rose by 6.7 per cent to $A99.3m. CEO Mark McInnes notes that this accounted for 20 per cent of its sales revenue. He says Premier is prepared to close stores if landlords are not willing to offer the market rent when leases are renewed. The group closed a Just Jeans store in Melbourne as a result

CORPORATES
PREMIER INVESTMENTS LIMITED – ASX PMV, JUST JEANS PTY LTD, JAY JAY’S JEANS WAREHOUSE PTY LTD, PORTMANS PTY LTD, JACQUI E PTY LTD, DOTTI

Ex-BHP ace steps into Orica role

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Original article by Tim Binsted
The Australian Financial Review – Page: 15 & 20 : 24-Mar-15

Australian-listed explosives group Orica has appointed Alberto Calderon as interim CEO, although chairman Russell Caplan has declined to comment on whether he will be a contender to take on the role permanently. Outgoing CEO Ian Smith was originally slated to remain at the helm during a search for a successor, but the Orica board decided that this was not appropriate. Smith’s management style had attracted some criticism at Orica

CORPORATES
ORICA LIMITED – ASX ORI, BHP BILLITON LIMITED – ASX BHP, NEWCREST MINING LIMITED – ASX NCM