Federal ALP increases lead as NSW prepares to vote in State Election

Original article by Roy Morgan Research
Morgan Poll Update – Page: Online : 23-Mar-15

A multi-mode Morgan Poll on Federal voting intention has found that support for the Coalition on a two-party preferred basis has fallen by 2.5 per cent to 44 per cent. The poll, which was carried out on the weekends of 14-15 and 21-22 March 2015, also shows that support for the Australian Labor Party has risen by 2.5 per cent to 56 per cent. Roy Morgan Research executive chairman Gary Morgan says Labor has increased its strong lead over the Coalition on a two-party preferred basis, despite what looks like the certain re-election of New South Wales Liberal Premier Mike Baird on 28 March

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 PRIME MINISTER AND CABINET

Business in fight against dementia

Original article by Sarah Thompson, James Chessell
The Australian Financial Review – Page: 3 : 24-Mar-15

The Centre for Healthy Brain Ageing’s Dementia Momentum program, to be launched on 24 March 2015, will use "big data" to seek better understanding of dementia. The program is supported by prominent businessmen including McGrathNicol founder Tony McGrath, Anchorage Capital Partners founder Phil Cave, CHAMP Private Equity founder Bill Ferris, and Genworth Mortgage Insurance chairman Richard Grellman. The latter’s wife Suellen suffers from early-onset dementia

CORPORATES
UNIVERSITY OF NEW SOUTH WALES. CENTRE FOR HEALTHY BRAIN AGEING, McGRATH NICOL AND PARTNERS SERVICES PTY LTD, ANCHORAGE CAPITAL PARTNERS PTY LTD, CHAMP PRIVATE EQUITY PTY LTD, GENWORTH MORTGAGE INSURANCE AUSTRALIA LIMITED – ASX GMA, THE GARVAN INSTITUTE OF MEDICAL RESEARCH, KPMG AUSTRALIA PTY LTD, WORLD DEMENTIA COUNCIL, DELOITTE ACCESS ECONOMICS PTY LTD

Most HTC smartphone owners with Telstra – can Optus or Vodafone claim bigger share of HTC One M9 buyers?

Original article by Roy Morgan Research
Market Research Update – Page: Online : 23-Mar-15

A Roy Morgan Single Source survey has found that almost one million Australians aged 14+ currently have a HTC smartphone as their main mobile phone. The survey, which was carried out in the year to December 2014, also shows that 55 per cent of HTC smartphone owners use the Telstra network, while 18 per cent use Optus and 14 per cent are with Vodafone. Roy Morgan Research’s Tim Martin notes that 28 per cent of HTC owners are over the age of 50, but 65 per cent of current smartphone users who intend to buy a HTC within the next six months are less than 35 years old

CORPORATES
ROY MORGAN RESEARCH LIMITED, HTC CORPORATION, TELSTRA CORPORATION LIMITED – ASX TLS, SINGTEL OPTUS PTY LTD, VODAFONE AUSTRALIA LIMITED, SAMSUNG ELECTRONICS COMPANY LIMITED, APPLE INCORPORATED

Big pressure to scrap small firms tax cut

Original article by Phillip Coorey
The Australian Financial Review – Page: 5 : 24-Mar-15

The Council of Small Business Australia has urged the Federal Government to abandon a proposed 1.5 per cent tax cut for small businesses. CEO Peter Strong argues that the tax cut that has been proposed for the May 2016 Budget will do little to improve business confidence. The council instead favours the introduction of an accelerated depreciation rate of 150 per cent for the sector, a move which is also supported by several government MPs

CORPORATES
COUNCIL OF SMALL BUSINESS ORGANISATIONS OF AUSTRALIA LIMITED, AUSTRALIA. DEPT OF THE TREASURY, AUSTRALIA. DEPT OF INDUSTRY AND SCIENCE, AUSTRALIAN LABOR PARTY, RESERVE BANK OF AUSTRALIA, AUSTRALIA. DEPT OF FOREIGN AFFAIRS AND TRADE

iiNet founder tries to kill $1.4b TPG bid

Original article by David Ramli
The Australian Financial Review – Page: 1 & 8 : 24-Mar-15

Investors who hold about 14 per cent of iiNet’s shares believe that the $A1.4bn takeover offer from TPG Telecom undervalues the group. The dissenters include iiNet founder Michael Malone, who holds about 2.5 per cent of the telco’s shares. He has criticised iiNet chairman Michael Smith for failing to consult with shareholders until 10 days after the bid was made, and says the majority of iiNet’s board should be ousted in favour technology entrepreneurs

CORPORATES
IINET LIMITED – ASX IIN, TPG TELECOM LIMITED – ASX TPM, BT INVESTMENT MANAGEMENT LIMITED – ASX BTT, SINGTEL OPTUS PTY LTD, SINGAPORE TELECOMMUNICATIONS LIMITED – ASX SGT

Commentators look forward as ASX 200 flirts with 6000

Original article by John Wasiliev
The Australian Financial Review – Page: 28 : 24-Mar-15

Australia’s S&P/ASX 200 Index continued to test the 6,000-point level again on 23 March 2015. Ric Spooner of CMC markets expects it to rise above 6,000 points in the near-term, adding that if the benchmark index finds support above this level it could potentially rise to around 6,180. Meanwhile, ThinkForex’s Matt Simpsons says the Australian dollar is likely to trade within the range of $US0.755 to $US0.7912 in the near-term

CORPORATES
STANDARD AND POOR’S ASX 200 INDEX, CMC MARKETS PTY LTD, THINKFOREX, IG MARKETS LIMITED, OANDA AUSTRALIA PTY LTD, RESERVE BANK OF AUSTRALIA, UNITED STATES. FEDERAL RESERVE BOARD, COMMONWEALTH BANK OF AUSTRALIA – ASX CBA, CSL LIMITED – ASX CSL, RESMED INCORPORATED – ASX RMD, WESTFIELD CORPORATION – ASX WFD, QUAY EQUITIES PTY LTD, HC SECURITIES

Debt markets may also move to T+2 settlements

Original article by Joyce Moullakis
The Australian Financial Review – Page: 18 : 24-Mar-15

An ASX working party has proposed shifting to a two-day settlement cycle for cash-based share trades from 7 March 2016, in line with European bourses. New Zealand may also adopt the so-called T+2 settlement cycle in 2016, as many stocks are listed in both Australia and New Zealand. Australian debt markets may also adopt T+2 in 2016

CORPORATES
ASX LIMITED – ASX ASX, AUSTRALIAN FINANCIAL MARKETS ASSOCIATION INCORPORATED, RESERVE BANK OF AUSTRALIA, OMGEO PTY LTD

Pioneer Credit to launch ‘no-frills’ card

Original article by Sally Rose
The Australian Financial Review – Page: 17 : 23-Mar-15

Australian-listed Pioneer Credit will begin offering its own branded credit card later in 2015. The group will team up with an as-yet unnamed regional lender to launch the credit card, which will have a credit limit of between $A2,000 and $A3,000. CEO Keith John says the company eventually aims to offer personal and home loans. Its shares closed at $A1.96 on 20 March 2015

CORPORATES
PIONEER CREDIT LIMITED – ASX PNC

Auction action hits top gear

Original article by Larry Schlesinger, Nick Lenaghan
The Australian Financial Review – Page: 6 : 23-Mar-15

CoreLogic RP Data has reported that the residential auction clearance rate in Sydney topped 85 per cent on the weekend of 21-22 March 2015. Andrew Wilson of Domain Group forecasts quarterly house price growth of about three per cent for the rest of the year. Melbourne’s clearance rate was above 78 per cent, and property adviser Richard Wakelin says the market has benefited from the interest rate cut in February

CORPORATES
CORELOGIC AUSTRALIA PTY LTD, RP DATA LIMITED, DOMAIN.COM.AU, FAIRFAX MEDIA LIMITED – ASX FXJ, MIRVAC GROUP – ASX MGR, VICTORIA INVESTMENTS AND PROPERTIES, STOCKLAND – ASX SGP, PLEYSIER PERKINS

Rainfall and tumbling dollar lift farmers to a four-year high

Original article by Tim Binsted
The Australian Financial Review – Page: 20 : 23-Mar-15

A new survey by Rabobank shows that Australian farmers’ confidence has risen to its highest level since March 2011. Peter Knoblanche of Rabobank notes that farmers in New South Wales and Queensland have benefited from rain in January, which in turn has boosted cattle prices. The survey also shows that farmers are also generally upbeat about the outlook for the next year

CORPORATES
RABOBANK AUSTRALIA LIMITED, NUFARM LIMITED – ASX NUF, ELDERS LIMITED – ASX ELD, GRAINCORP LIMITED – ASX GNC, AUSTRALIAN AGRICULTURAL COMPANY LIMITED – ASX AAC