Author: roymorgansocial

Roy Morgan Business Confidence up slightly in July as business grow more confident about their prospects

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Original article by Roy Morgan
Market Research Update – Page: Online : 6-Aug-25

In July 2025, Roy Morgan Business Confidence increased 0.6pts to 103.0, despite the Reserve Bank electing to leave interest rates unchanged at 3.85% amid widespread expectations of a cut to interest rates. Business Confidence is now 7pts below the long-term average of 110, although it is up 7.9pts from July 2024. Now 32.2% (up 5.8ppts) of businesses says their business is ‘better off’ financially than this time a year ago (the highest figure for this indicator so far this year), while 33.5% (down 7.1ppts) say the business is ‘worse off’. Meanwhile, 40.9% (up 1.3ppts) of respondents expect the business will be ‘better off’ financially this time next year, while 20.3% (down 1.4ppts) expect the business will be ‘worse off’. The latest Roy Morgan Business Confidence results for July are based on 1,246 detailed interviews with a cross-section of Australian businesses from each State and Territory.

CORPORATES
ROY MORGAN LIMITED

ANZ-Roy Morgan Consumer Confidence up 3.9pts to 90.6 – first rating above 90 for over three years since May 2022

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Original article by Roy Morgan
Market Research Update – Page: Online : 6-Aug-25

ANZ-Roy Morgan Consumer Confidence rose 3.9pts to 90.6 in the week to 3 August. Consumer Confidence is now 9.3 points above the same week a year ago (81.3), and 3.9pts above the 2025 weekly average of 86.7. Analysis by State shows increases across the board with all five mainland States up this week, led by Victoria, Queensland and Western Australia – all at 90 or above. Now 22% of Australians (up 2ppts) say their families are ‘better off’ financially than this time last year, while 40% (down 4ppts) say their families are ‘worse off’ (the lowest this figure has been since May 2022). Looking forward, 28% (up 2ppts) of respondents expect their family to be ‘better off’ financially this time next year, while 28% (down 6ppts) also expect to be ‘worse off’. Now just 12% (unchanged) of respondents expect ‘good times’ for the Australian economy over the next 12 months, while 27% (down 1ppt) expect ‘bad times’. Meanwhile, 26% (up 1ppt) of Australians say now is a ‘good time to buy’ major household items, while 32% (down 1ppt) say now is a ‘bad time to buy’.

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

New Zealand: In July, National and Labour tied at 31%; National-led Government retains clear lead

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Original article by Roy Morgan
Market Research Update – Page: Online : 6-Aug-25

Roy Morgan’s New Zealand Poll for July 2025 shows the National-led Government (National, ACT & NZ First) virtually unchanged on 51% (down 0.5% points) and the Labour-Greens-Maori Party Parliamentary Opposition on 46% (up 1.5% points). For the tenth straight month neither major party has managed to secure a third of the vote. Within the National-led Government support for National was down 1% point to 31%, support for ACT was down 1% point to 10.5% and support for NZ First increased 1.5% points to 9.5% (the highest support for NZ First since the last New Zealand Election). For the Parliamentary Opposition, support for Labour was up 2.5% points to 31%, support for the Greens increased 0.5% points to 11.5%, and support for the Maori Party dropped 1.5% to 3.5%. A further 3% (down 1% point) of electors supported a minor party outside Parliament. This latest New Zealand Roy Morgan Poll on voting intention was conducted by telephone – both landline and mobile – with a New Zealand-wide cross-section of 832 electors from 30 June to 27 July. Meanwhile, the Roy Morgan Government Confidence Rating fell 11.5pts to 83.5 in July.

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

Australian editor to lead Murdoch’s new US tabloid

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Original article by
The New Daily – Page: Online : 6-Aug-25

News Corporation has advised that it will launch a new Los Angeles-based masthead called the California Post in early 2026. It will be a localised version of News Corp’s popular right-wing tabloid, the New York Post. Sean Giancola, the CEO of News Corp subsidiary the New York Post Media Group, says the new masthead will offer a similar mix of "common-sense journalism", sports, celebrity and entertainment news across multiple platforms, including a daily print edition. The Herald Sun’s Sunday editor Nick Papps will be the inaugural editor-in-chief of the California Post.

CORPORATES
NEWS CORPORATION – ASX NWS, NEW YORK POST MEDIA GROUP

Nyrstar to get $135 million bailout for struggling smelters

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Original article by
abc.net.au – Page: Online : 6-Aug-25

Nyrstar Australia has welcomed the $135m joint federal and state rescue package for its smelters in Port Pirie and Hobart. The federal government will contribute $57.5m, while the South Australian and Tasmanian governments will provide $55m and $22.5m respectively. Nyrstar will use the taxpayer funding to undertake feasibility studies into the production of critical metals, including antimony and bismuth at the Port Pirie lead smelter and germanium and indium at the Hobart zinc smelter. A pilot plant at Port Pirie will be able to produce up to half a tonne of antimony each day.

CORPORATES
NYRSTAR AUSTRALIA PTY LTD

Offshore option as Japan frigate wins

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Original article by Ben Packham
The Australian – Page: 1 & 2 : 6-Aug-25

Defence Minister Richard Marles has advised that a contract for Mitsubishi Heavy Industries to build three general purpose frigates will be signed in early 2026. Marles says the Japanese frigate is the best option for Australia; Germany’s ThyssenKrupp Marine Systems also pitched for the contract. The frigates will be built in Japan, and are slated to be delivered between 2029 and 2034. An additional eight Mogami-class frigates will be built by Austal at its Henderson shipyard in Perth. Defence Industry Minister Pat Conroy has conceded that the shipyard may not be able to accommodate the first three vessels to be built in Australia, but Western Australia’s Premier Roger Cook says they must be built in his state.

CORPORATES
AUSTRALIA. DEPT OF DEFENCE, MITSUBISHI HEAVY INDUSTRIES LIMITED, THYSSENKRUPP MARINE SYSTEMS, WESTERN AUSTRALIA. DEPT OF THE PREMIER AND CABINET

‘Let us see the audits’: Kmart faces legal battle over alleged links to Uyghur forced labour

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Original article by Jessica Yun
The Age – Page: Online : 6-Aug-25

Discount department store chain Kmart Australia is under scrutiny amid concerns that two of its clothing suppliers may used forced labour in the Chinese autonomous region of Xinjiang. The Australian Uyghur Tangritagh Women’s Association recently filed a Federal Court application requesting information from Kmart as to whether the suppliers in question are compliant with the company’s ethical sourcing program. A Kmart spokesperson has indicated that the retailer regularly monitors its suppliers via audits, site visits and other actions,

CORPORATES
KMART AUSTRALIA LIMITED, AUSTRALIAN UYGHUR TANGRITAGH WOMEN’S ASSOCIATION, FEDERAL COURT OF AUSTRALIA

Government sends strongest signal yet on Palestinian recognition

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Original article by Matthew Knott
Brisbane Times – Page: Online : 6-Aug-25

It has been revealed that Prime Minister Anthony Albanese discussed the issue of Palestine in a conversation with the United Nations’ Secretary-General Antonio Guterres on Friday. Albanese has also talked to Palestinian Authority President Mahmoud Abbas, and the two leaders committed to meet on the sidelines of the UN General Assembly meeting in New York in September. This has prompted growing speculation that Australia will join other nations in formally recognising Palestinian statehood at the meeting. Meanwhile, Foreign Minister Penny Wong has warned that there may be no Palestine left to recognise unless progress is made on a two-state solution.

CORPORATES
AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, UNITED NATIONS, PALESTINIAN AUTHORITY, AUSTRALIA. DEPT OF FOREIGN AFFAIRS AND TRADE

Nine’s publishing to out-earn TV

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Original article by Sam Buckingham-Jones
The Australian Financial Review – Page: 13 & 17 : 6-Aug-25

Jarden analyst Tom Beadle recently said that the value contained within Nine Entertainment’s publishing business could potentially be the most underappreciated part of the media group. The investment bank has valued Nine’s publishing assets at $885m, ahead of streaming video platform Stan ($655m) and the broadcast division ($601m); Jarden estimates that Nine’s radio stations are worth about $25m. Looking forward, Nine’s publishing assets are forecast to generate EBITDA of $156m by 2028; this compares with expectations of $153m for the group’s television network, which is facing higher costs.

CORPORATES
NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, STAN ENTERTAINMENT PTY LTD, NINE NETWORK AUSTRALIA LIMITED, NINE RADIO PTY LTD, JARDEN AND COMPANY

Rinehart a winner in rare earths move

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Original article by Brad Thompson
The Australian – Page: 14 : 6-Aug-25

Shares in Lynas Rare Earths and Iluka Resources rose strongly on Tuesday, in response to the federal government’s plans to create a floor price for rare earths. Resources Minister Madeleine King has indicated hat the government is also open to taking equity stakes in rare earths companies, as part of its proposal to establish a critical minerals strategic reserve. Arafura Rare Earths’ CEO Darryl Cuzzubbo says an Australian floor price would disrupt China’s dominance of the rare earths sector; he adds that any strategic reserve for rare earths should be linked to a non-China controlled price index. Mining magnate Gina Rinehart has an eight per cent in Arafura and a similar stake in Lynas.

CORPORATES
LYNAS RARE EARTHS LIMITED – ASX LYC, ILUKA RESOURCES LIMITED – ASX ILU, ARAFURA RARE EARTHS LIMITED – ASX ARU, AUSTRALIA. DEPT OF INDUSTRY, SCIENCE AND RESOURCES