Author: roymorgansocial

US in no state to save Taiwan from invasion

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Original article by Michael Evans
The Australian – Page: 8 : 28-Feb-23

The Pentagon has advised Congress that it lacks the stocks of long-range anti-ship missiles that would be needed to destroy Chinese warships in the event that China invades Taiwan. Its warning comes as a new book from US foreign policy research institute Pacific Forum concludes that the strategic implications of Taiwan falling into Beijing’s hands have not been properly evaluated in Washington, and that the impact on the US’s credibility around the world would be "devastating" if China seized Taiwan, with or without US military intervention.

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Major sporting codes to back Voice to parliament

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Original article by James Massola, Jake Niall, Paul Sakkar
The Sydney Morning Herald – Page: Online : 28-Feb-23

Cricket Australia, the AFL and the NRL are among seven major sporting codes that are expected to unite in a joint campaign to support an Indigenous Voice to parliament. It is expected that the campaign will be launched mid-year, while it is understood that Prime Minister Anthony Albanese was personally involved in trying to get the codes to support the Voice. Resolve pollster Jim Reed says getting the support of the seven codes will be a positive for the ‘Yes’ campaign.

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CRICKET AUSTRALIA, AUSTRALIAN FOOTBALL LEAGUE, NATIONAL RUGBY LEAGUE, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET

Media bosses unite to push government on press freedom

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Original article by Nick Bonyhady
The Sydney Morning Herald – Page: Online : 28-Feb-23

Federal Attorney-General Mark Dreyfus met with executives from Australia’s major media groups on Monday to discuss a range of issues, including proposed changes to privacy laws. The executives also pushed the goverment to act on recommendations that resulted from raids on the ABC and the home of then News Corp journalist Annika Smethurst in 2019, with Drefyus saying he had been shocked by the raids at the time. Other issues discussed at the meeting included increased protection for whistleblowers and further changes to defamation laws.

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AUSTRALIA. ATTORNEY-GENERAL’S DEPT, AUSTRALIAN BROADCASTING CORPORATION, NEWS CORPORATION – ASX NWS

Four in five shoppers believe buying Australian-made is important

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Original article by Roy Morgan
Market Research Update – Page: Online : 28-Feb-23

New research by Roy Morgan shows that 86 per cent of Australians say that buying Australian-made products is important to them. Only 2% said that buying Australian-made is not important to them. Meanwhile, 67% stated in the survey that they ‘often’ or ‘always’ buy Australian-made products, citing supporting local jobs and the economy as their reason for doing so, followed by the quality or reliability of Australian-made products. Some 35% of respondents also claimed to purchase more Australian-made products now than before the pandemic. The survey also found that 99% of Australians aged 18+ are aware of the Australian Made logo, with the logo having the highest recognition of any certification mark in Australia. Trust in the Australian Made logo is also high; 93% of Australians are confident that products displaying the mark are made or grown in Australia.

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ROY MORGAN LIMITED

Latest Roy Morgan Poll: Support for the Albanese Government down after discussion about changing superannuation rules while Government Confidence plunges 6.5pts to 95.5 – lowest since the Federal Election

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Original article by Roy Morgan
Market Research Update – Page: Online : 28-Feb-23

Today’s Roy Morgan Poll on Federal voting intention shows the ALP support down 2% points to 56.5% compared to the L-NP on 43.5% (up 2% points) on a two-party preferred basis. The drop in support for the Albanese Government came after Treasurer Jim Chalmers raised the prospect of changing taxation rules for those with large superannuation account balances of over $3 million. The issue of changes to superannuation was easily the largest media story last week with almost 800 media mentions during the week – about twice as many as the second-placed Mardi Gras in Sydney. In addition, the Roy Morgan Government Confidence Rating has plunged 6.5pts to 95.5 – the lowest rating since last year’s Federal Election. Now 39% of Australians (down 3.5% points) say the country is ‘going in the right direction’ compared to 43.5% (up 3% points) who say the country is ‘going in the wrong direction’. Although support for the Albanese Government took a hit the ALP is still well ahead on a two-party preferred basis and leads on primary vote: ALP 37% cf. L-NP 34.5%. Over a quarter of Australians, 28.5%, say they will vote for a minor party or independent including 13.5% for the Greens, 4% for One Nation, 8.5% for independents and 2.5% for other parties. Watch out for more details on the latest Roy Morgan Poll in today’s Market Research Update video.

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ROY MORGAN LIMITED, MORGAN POLL, AUSTRALIAN LABOR PARTY, LIBERAL PARTY OF AUSTRALIA, NATIONAL PARTY OF AUSTRALIA, AUSTRALIAN GREENS, ONE NATION PARTY

No need for a windfall tax: Woodside boss

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Original article by Nick Evans
The Australian – Page: 15 : 28-Feb-23

Woodside Energy has posted a net profit of $US6.5bn ($9.7bn) for the 2022 calendar year, and an underlying profit after tax of $US5.2bn. It is Woodside’s first financial result since its merger with BHP’s petroleum division in June, and CEO Meg O’Neill says it has already achieved the forecast $US400m in operating synergies. Woodside paid $989m in corporate taxes in 2022, up from $333m in the previous year; it also had a petroleum resource rent tax bill of $720m, compared with zero in 2021. O’Neill says a super profits tax on resources groups is not necessary, arguing that the existing tax system is working.

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WOODSIDE ENERGY GROUP LIMITED – ASX WDS, BHP GROUP LIMITED – ASX BHP

ThinkNewsBrands and Roy Morgan Total News figures show 20.6 million Australians over the age of 14 engage with news every month

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Original article by Roy Morgan
Market Research Update – Page: Online : 28-Feb-23

The latest release of Total News readership shows a slight softening for news consumption for the 12 months to December 2022, down 0.5 per cent compared to the same period in 2021, with 20.6 million Australians continuing to consume news in a four-week period. The readership figures, produced by Roy Morgan for ThinkNewsBrands, show that Total News reaches 97 per cent of the population over the age of 14. Total News represents all news brands across print and digital, as well as standalone news websites. Australia’s trusted masthead brands continue to command large audiences, while Total News continues to engage audiences across all age groups, including the hard-to-reach under-40s.

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ROY MORGAN LIMITED, THINKNEWSBRANDS

NSW Voting Intention: ALP lead over the L-NP cut in early in 2023: ALP 52% cf. L-NP 48%

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Original article by Roy Morgan
Market Research Update – Page: Online : 22-Feb-23

The latest Roy Morgan Poll on State voting intention in New South Wales shows the ALP on 52% (down 3% points since December) ahead of the Liberal-National Coalition on 48% (up 3% points) on a two-party preferred basis. The Liberal-National Coalition gained ground on the ALP in January, with primary support increasing 1.5% points to 35%; primary support for the ALP was down 1% point to 32.5%. Not since the 2007 New South Wales Election have both major parties failed to secure a primary vote support of at least 40% in a New South Wales State Election. The support for minor parties and independents remained at a high level in January, down slightly by 0.5% points to 32.5%. Support for the Greens was down 2.5% points to 9.5% while support for One Nation increased 2% points to 6.5%. This Roy Morgan Poll on State voting intention was conducted via telephone and online surveying with 1,147 New South Wales electors aged 18+ during the month of January 2023.

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MORGAN POLL, ROY MORGAN LIMITED

BHP to shed coal plays as profit falls

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Original article by Nick Evans
The Australian – Page: 15 & 23 : 22-Feb-23

BHP has posted a 2022-23 interim net profit of $US6.46bn ($9.4bn), which is 24 per cent lower than previously. Rising costs and a fall in the iron ore price weighed on BHP’s earnings for the half-year. BHP has advised that unit costs at its flagship Pilbara iron ore operations rose by 13 year-on-year to $US18.30 per tonne, while it expects unit costs for the full year to be within the range of $US18 to $US19 a tonne. BHP has also revealed plans to sell its Daunia and Blackwater coking coal mines in order to focus on six export-quality mines that are held by its joint venture with Mitsubishi.

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BHP GROUP LIMITED – ASX BHP, MITSUBISHI CORPORATION

Ex-RBA governor questions super aims

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Original article by David Ross
The Australian – Page: 4 : 22-Feb-23

Former Reserve Bank of Australia governor Bernie Fraser says the federal government’s legislated objective for superannuation should include allowing people to use part of their accumulated savings to buy a home. The government’s draft purpose statement for super says amongst other things that it should "preserve savings to deliver income for a dignified retirement". Fraser contends that there is no more comforting thought for Australians than knowing that they will have somewhere to live when they retire. He has also questioned the government’s proposal to allow super funds to invest in social projects, noting that they tend to have low returns.

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