I’m not going anywhere: Holleran

Original article by Dominic White
The Australian Financial Review – Page: 35 : 2-Mar-15

Southern Cross Media Group’s share of the radio market fell from 34.3 per cent to 27.5 per cent year-on-year in the December 2014 quarter. CEO Rhys Holleran is confident that the group can rebuild market share by the end of 2015, saying a priority will be to turn around the struggling 2Day FM network. He has also downplayed speculation that he could step down, and stresses that the media group is not actively pursuing merger discussions at present

CORPORATES
SOUTHERN CROSS MEDIA GROUP LIMITED – ASX SXL, 2DAY FM AUSTRALIA PTY LTD, KIIS1065, AUSTRALIAN RADIO NETWORK PTY LTD, APN NEWS AND MEDIA LIMITED – ASX APN, MACQUARIE GROUP LIMITED – ASX MQG, PACIFIC BRANDS LIMITED – ASX PBG, MANTRA GROUP LIMITED – ASX MTR, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, LION PTY LTD, IBM AUSTRALIA LIMITED, AUSTEREO GROUP LIMITED, ALLAN GRAY AUSTRALIA PTY LTD, TEN NETWORK HOLDINGS LIMITED – ASX TEN, WOOLWORTHS LIMITED – ASX WOW, WIN CORPORATION PTY LTD, FOXTEL MANAGEMENT PTY LTD, DISCOVERY COMMUNICATIONS INCORPORATED, SEVEN NETWORK LIMITED, SEVEN WEST MEDIA LIMITED – ASX SWM

Air New Zealand facing renewed threat of trans-Pacific competition

Original article by Jamie Freed
The Australian Financial Review – Page: 20 : 2-Mar-15

There is speculation that United Airlines and American Airlines may commence services between New Zealand and North America. Air New Zealand has been the sole carrier to offer flights from Auckland to the US and Canada since 2012, when Qantas withdrew from the route. Air New Zealand CEO Christopher Luxon recently indicated that the carrier is ready for competition on the route

CORPORATES
AIR NEW ZEALAND LIMITED – ASX AIZ, QANTAS AIRWAYS LIMITED – ASX QAN, UNITED AIR LINES INCORPORATED, AMERICAN AIRLINES INCORPORATED, AUCKLAND AIRPORT, EXPEDIA AUSTRALIA PTY LTD, QANTAS FREQUENT FLYER LIMITED

Responsible insurance-sale call repeated

Original article by Shaun Drummond
The Australian Financial Review – Page: 19 : 2-Mar-15

Financial system inquiry member Craig Dunn says Australia should not follow the European Union by introducing an individual appropriateness test for the insurance industry. He argues that such a test would result in significant costs for the industry. He says the inquiry instead favours an increased obligation on the part of product issuers and distributors to act responsibly when selling insurance products

CORPORATES
AMP LIMITED – ASX AMP, AUSTRALIAN PRUDENTIAL REGULATION AUTHORITY, AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION, FINANCIAL SERVICES COUNCIL, GREAT BRITAIN. FINANCIAL CONDUCT AUTHORITY, NATIONAL AUSTRALIA BANK LIMITED – ASX NAB, CLYDESDALE BANK PLC, INSURANCE COUNCIL OF AUSTRALIA LIMITED

IFM to invest in international equities

Original article by Amanda Saunders
The Australian Financial Review – Page: 27 : 2-Mar-15

IFM Investors will expand into international shares, as part of its growing push to diversify beyond Australian asset classes. CEO Brett Himbury argues that the nation’s superannuation system needs to reduce its focus on the local sharemarket, noting that many of the group’s clients already have exposure to offshore equities. IFM began investing in overseas infrastructure assets several years ago

CORPORATES
IFM INVESTORS PTY LTD, MAGELLAN FINANCIAL GROUP LIMITED – ASX MFG, PLATINUM ASSET MANAGEMENT LIMITED – ASX PTM

Numbers add up for new millionaires

Original article by Ruth Liew
The Australian Financial Review – Page: 18 : 2-Mar-15

Data from Investments Trends shows that the number of high net worth investors in Australia rose by 43,500 in 2014, to 443,500. They collectively control some $A1.6trn worth of investable assets. The nation also boasts 580,000 people with investable assets of between $A500,000 and $A1m. The research also shows that just 40 per cent of high net worth investors obtained professional advice in 2014

CORPORATES
INVESTMENT TRENDS PTY LTD, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ, ANZ PRIVATE BANK, PERPETUAL LIMITED – ASX PPT, COMMONWEALTH FINANCIAL PLANNING LIMITED, COMMONWEALTH BANK OF AUSTRALIA – ASX CBA, MACQUARIE PRIVATE WEALTH MANAGEMENT PTY LTD, MACQUARIE GROUP LIMITED – ASX MQG, NATIONAL AUSTRALIA BANK LIMITED – ASX NAB

More young Australians drinking soft drinks

Original article by Roy Morgan Research
Market Research Update – Page: Online : 27-Feb-15

A Roy Morgan Single Source survey has found that 56 per cent of Australians aged 14-24 drank at least one soft drink in an average seven-day period during the year to December 2014. This compares with 53 per cent in the previous year. Some 38 per cent of 14-24 year olds drank at least one Coca Cola-branded soft drink in an average seven days (up from 35 per cent in 2013). In contrast, the number of Australians in the 25-34 age group who consumed any soft drinks in an average seven days fell from 56 per cent in 2013 to 53 per cent in 2014, while the number who consumed Coca Cola-branded soft drink fell from 41 per cent to 37 per cent

CORPORATES
ROY MORGAN RESEARCH LIMITED, COCA-COLA AMATIL LIMITED – ASX CCL

Race tightens in NSW although Baird still favoured. NSW electors nominate Infrastructure investment, Privatisation/Sale of Assets, Health & Hospitals, Political Leadership & Corruption, Education and Unemployment as Key Issues

Original article by Roy Morgan Research
Morgan Poll Update – Page: Online : 27-Feb-15

A special telephone Morgan Poll on State voting intention has found that the Liberal-National Party is set for victory in the New South Wales election on 28 March 2015. The poll, which was carried out from 20-22 February, shows that support for the Coalition on a two-party preferred basis has fallen by three per cent to 52.5 per cent since 14 February, while support for the Australian Labor Party has risen by three per cent to 47.5 per cent

CORPORATES
MORGAN POLL, ROY MORGAN RESEARCH LIMITED, LIBERAL PARTY OF NEW SOUTH WALES, NATIONAL PARTY OF AUSTRALIA, AUSTRALIAN LABOR PARTY, THE GREENS NSW INCORPORATED, CHRISTIAN DEMOCRATIC PARTY (FRED NILE GROUP), FAMILY FIRST PARTY AUSTRALIA LIMITED, PALMER UNITED PARTY, NEW SOUTH WALES. DEPT OF PREMIER AND CABINET

Billabong still has long wave to ride

Original article by Sue Mitchell
The Australian Financial Review – Page: 19 : 27-Feb-15

Australian-listed Billabong International has posted a 2014-15 interim net profit of $A25.7m, following a $A126.3m loss for the first half of 2013-14. The surfwear group’s EBIT from continuing operations was 4.9 per cent lower at $A42.81m. Billabong has flagged an increase in annual capital expenditure in the next few years, with an upgrade of its supply-chain systems and the implementation of an omni-channel retail platform

CORPORATES
BILLABONG INTERNATIONAL LIMITED – ASX BBG, SURF DIVE N SKI AUSTRALIA PTY LTD, SURFECTION PTY LTD, BEACH CULTURE INTERNATIONAL PTY LTD, WEST 49 INCORPORATED, RVCA

Shopping for a drop: what Aussies like in their liquor stores

Original article by Roy Morgan Research
Market Research Update – Page: Online : 26-Feb-15

A Roy Morgan Single Source survey has found that 49 per cent of Australians aged 18+ bought alcohol in an average four-week period in the year to December 2014. The survey also shows that 68 per cent of Australians identify "good value" as one of the factors they consider most important when purchasing alcohol. Meanwhile, 54 per cent of Australians prefer to purchase alcohol from a bottle shop that is close to home

CORPORATES
ROY MORGAN RESEARCH LIMITED, CELLARMASTER WINES PTY LTD, THE WINE SOCIETY LIMITED, LIQUORLAND (AUSTRALIA) PTY LTD, WOOLWORTHS LIQUOR, WOOLWORTHS LIMITED – ASX WOW

Garage vs dealer: where Aussies get their cars serviced

Original article by Roy Morgan Research
Market Research Update – Page: Online : 26-Feb-15

A Roy Morgan Single Source survey has found that 43 per cent of Australian motorists take their main vehicle to a professional for some kind of service or repairs in an average three-month period. The survey, which was carried out in the year to November 2014, also shows that routine services account for 39 per cent of all automotive work. Meanwhile, 42 per cent of motorists prefer to take their vehicle to a traditional automotive garage/workshops for routine work, followed by the dealer where it was bought (29 per cent)

CORPORATES
ROY MORGAN RESEARCH LIMITED