Author: roymorgansocial

New Zealand: National/Act NZ on 47.5% are set for a majority of seats at this year’s New Zealand election

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Original article by Roy Morgan
Market Research Update – Page: Online : 2-Aug-23

The latest Roy Morgan New Zealand Poll shows that support for the Labour/Greens coalition government fell 5% points to 35% in July. Support for Labour was down 4.5% points to 26% (the lowest level of support for Labour so far this year), while support for the Greens fell 0.5% points to 9% (the lowest support for the party since August 2022). Support for the National Party rose 3.5% points to 33.5%, while support for Act NZ was down 1% point to 14%. Support for a right-leaning potential National/Act NZ coalition was up 2.5% points at 47.5% in July. The results for July show further increases in support for minor parties outside the ‘big four’, up 2.5% points to 17.5% in total. This New Zealand Roy Morgan Poll on voting intention was conducted by telephone – both landline and mobile – with a New Zealand-wide cross-section of 955 electors during July. Meanwhile, the Roy Morgan Government Confidence Rating fell 15.5pts to a record low of 68.5 in July.

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ROY MORGAN LIMITED, MORGAN POLL, LABOUR PARTY (NEW ZEALAND), GREEN PARTY OF AOTEAROA NEW ZEALAND, NATIONAL PARTY OF NEW ZEALAND, ACT NEW ZEALAND

‘Steps to treaty this term’: Labor’s actual agenda

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Original article by Sarah Ison, Rosie Lewis
The Australian – Page: 1 & 4 : 2-Aug-23

The federal government is under growing scrutiny over its policy agenda if the referendum on an Indigenous voice to parliament succeeds. Prime Minister Anthony Albanese recently stated that the voice is not about a treaty with Indigenous Australians. However, Labor’s latest draft national policy platform states that the party supports all elements of the Uluru Statement from the Heart – including a Makarrata commission for agreement-making – in the current term of government. An earlier draft did not include any time frame or a specific reference to the Makarrata commission. Opposition leader Peter Dutton says Labor will have to implement the Uluru Statement from the Heart in full, given that Albanese has committed to doing so at least 34 times.

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AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, LIBERAL PARTY OF AUSTRALIA

ANZ-Roy Morgan Consumer Confidence jumps 3.2pts to 78.4 – biggest two week jump since April 2020 after inflation softens

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Original article by Roy Morgan
Market Research Update – Page: Online : 2-Aug-23

ANZ-Roy Morgan Consumer Confidence rose 3.2pts to 78.4 in the week to 30 July, to its highest since late April. However, Consumer Confidence has now spent 22 straight weeks below the mark of 80, equalling the all-time record from September 1990 to January 1991 when the index was conducted on a monthly rather than a weekly basis. Consumer Confidence is now 5.7pts below the same week a year ago (84.1), and just 0.1pts above the 2023 weekly average of 78.3. Consumer Confidence was up in NSW, Victoria and SA, but down slightly in Queensland and WA. Now 20% of Australians (unchanged) say their families are ‘better off’ financially than this time last year, while 53% (also unchanged) say their families are ‘worse off’ financially. Some 33% (up 3ppts) of Australians now expect their family to be ‘better off’ financially this time next year (the highest figure for this indicator since February 2023), while 34% (down 2ppts) expect to be ‘worse off’ financially. Only 7% (up 1ppt) of Australians expect ‘good times’ for the Australian economy over the next 12 months, while 38% (down 2ppts) expect ‘bad times’. Meanwhile, 21% (up 3ppts) of Australians say now is a ‘good time to buy’ major household items, while 54% (down 3ppts) say now is a ‘bad time to buy’.

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

Qantas complaints reach sky-high levels

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Original article by Ayesha de Kretser
The Australian Financial Review – Page: 3 : 2-Aug-23

An published draft document from the Airline Customer Advocate shows that it received a total of 6,918 complaints from airline customers in 2022, including some 4,000 complaints about Qantas. However, just 1,426 of the total number of complaints received were deemed to be eligible. The ACA says the 138 per cent increase in complaints year-on-year was to be expected, given that passenger numbers surged in 2022 after COVID-19 restrictions were lifted. The number of complaints in 2022 was also well above pre-pandemic levels; the ACA received 2,135 complaints in 2018, including 1,410 that were found to be eligible.

CORPORATES
AIRLINE CUSTOMER ADVOCATE, QANTAS AIRWAYS LIMITED – ASX QAN

New home approvals fall to weakest in four years

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Original article by Michael Bleby
The Australian Financial Review – Page: 30 : 2-Aug-23

Data from the Australian Bureau of Statistics shows that there was a 7.7 per cent decline in new housing approvals in June. A total of 175,790 new dwellings were approved in the year to 30 June, with approvals for detached dwellings falling by 13.8 per cent and attached homes down by 10.5 per cent. Maree Kilroy of Oxford Economics Australia says demand and supply for housing are moving in opposite directions, which will result in a sizeable dwelling deficiency over the coming years. Separate data shows that new home loan commitments fell by 22.1 per cent to $298.4bn in 2022-23.

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AUSTRALIAN BUREAU OF STATISTICS, OXFORD ECONOMICS AUSTRALIA PTY LTD

Labor’s IR push driven by myths, slogans: AiGroup

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Original article by Phillip Coorey
The Australian Financial Review – Page: 4 : 2-Aug-23

Australian Industry Group CEO Innes Willox contends that the federal government’s second tranche of industrial relations reforms will not help to boost productivity. He will use a National Press Club speech on Wednesday to argue that many of the proposed reforms are in fact "anti-productivity". Willox will also argue that the government’s IR agenda is focused on slogans such as ‘get wages moving’ and ‘same job, same pay’, when its priority should be to reduce the complexity of the IR system. Willox says a simpler and more transparent workplace system should be the goal.

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THE AUSTRALIAN INDUSTRY GROUP, NATIONAL PRESS CLUB (AUSTRALIA)

Chinese steel has peaked: Rio boss

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Original article by Nick Evans
The Australian – Page: 13 & 16 : 2-Aug-23

Official figures show that China’s crude steel production fell by 21.7 million tonnes year-on-year in 2022, to 1.01 billion tonnes. Rio Tinto CEO Jakob Stausholm believes that China’s steel production has peaked and output will be flat over the next several years, before starting to decline by the end of this decade. However, Stausholm expects global demand for iron ore to remain strong, as steel production in other developing countries increases. He adds that Chinese steel producers may also opt to build steel mills in other countries.

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RIO TINTO LIMITED – ASX RIO

Melbourne regains top spot as preferred holiday destination from the Gold Coast after pandemic plunge

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Original article by Roy Morgan
Market Research Update – Page: Online : 2-Aug-23

The latest research from Roy Morgan shows that 14.6 million Australians aged 14+ (68.0%) would like to spend at least one night in the next two years at a domestic holiday destination. Melbourne has regained top spot as the preferred holiday destination, with 2,797,000 Australians aged 14+ expressing a preference to stay at least one night in the Victorian capital on a trip in the next two years. The city was clearly the preferred holiday destination for Australians in the pre-pandemic period, and with the removal of the final mandatory isolation policies early in the December 2022 quarter, the city has moved back into top spot. Almost 2.3 million of those mentioning a trip to Melbourne are coming from interstate locations – a higher number of interstate visitors than any other destination – while a further 500,000 Victorians also said they would like to spend at least a night in their capital city in the next two years. The Gold Coast has retained second place, with 2,728,000 Australians mentioning travelling to the city in the next two years. Right behind in third is Sydney with 2,727,000 Australians now expressing a preference to travel to the harbour city in the next two years.

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ROY MORGAN LIMITED

No cost-benefit analysis done for $2b in legacy Games projects

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Original article by Rachel Eddie
The Age – Page: Online : 26-Jul-23

The Victorian government is under scrutiny over its plans to proceed with $2bn worth of Commonwealth Games-related infrastructure in regional areas. Premier Daniel Andrews has admitted that the government has not done a cost-benefit analysis of the expenditure on new social and affordable housing and upgraded sports facilities in regions that were to have hosted Games events. He contends that such an analysis is not necessary, as it is "common sense" that an increase in affordable housing is needed in regional Victoria. National Party senator Bridget McKenzie says she is shocked but not surprised that the state government has not undertaken a cost-benefit analysis, adding that the $2bn investment will not be sufficient to address problems in regional Victoria.

CORPORATES
VICTORIA. DEPT OF PREMIER AND CABINET, NATIONAL PARTY OF AUSTRALIA

Public transport use increases in March quarter 2023 – but frequency of use is over 20% lower than pre-pandemic

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Original article by Roy Morgan
Market Research Update – Page: Online : 26-Jul-23

New research from Roy Morgan shows that 11.87 million Australians aged 14+ (54.6%) used public transport at least once during the March 2023 quarter. This is more than 2.9 million (+32.4%) higher than the March 2022 quarter, and an increase of almost 5 million from the September 2020 quarter when only 6.88 million Australians (32.6%) were using public transport at least once in that quarter. However, although the overall number of Australians using public transport at least once in the March 2023 quarter is approaching pre-pandemic levels, the frequency of public transport use is still well below the level in 2019. For bus travellers, their frequency of use is over 20% lower than pre-pandemic while for train travellers their frequency of use is over 25% lower than pre-pandemic. The March 2023 quarter was the first since the COVID-19 pandemic began in early 2020 during which all major COVID-related restrictions had been removed. This data comes from Roy Morgan Single Source, Australia’s most comprehensive consumer survey, derived from in-depth interviews with over 60,000 Australians each year.

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ROY MORGAN LIMITED