Author: roymorgansocial

Bowen signs up to global offshore wind club

roymorgansocial Leave a comment

Original article by Hans van Leeuwen
The Australian Financial Review – Page: 12 : 16-Nov-22

The federal government will seek to accelerate the development of Australia’s nascent offshore wind power industry. Onshore wind farms account for about 10 per cent of the nation’s electricity generation capacity at present, and the government has announced that Australia will join the Global Offshore Wind Alliance. Climate and Energy Minister Chris Bowen, who is attending the COP27 climate summit in Egypt, says Australia’s offshore wind farm industry is starting from scratch, and the nation will benefit from being a member of the alliance.

CORPORATES
AUSTRALIA. DEPT OF CLIMATE CHANGE, ENERGY, THE ENVIRONMENT AND WATER, GLOBAL OFFSHORE WIND ALLIANCE

Qantas on IR: flight routes will die

roymorgansocial Leave a comment

Original article by Simon Benson, Sarah Ison, Geoff Chambers
The Australian – Page: 1 & 4 : 16-Nov-22

Qantas is the latest company to express concerns about the federal government’s Secure Jobs, Better Pay Bill. The national carrier told the Senate committee that is reviewing the bill that multi-employer bargaining would effectively become industry-wide agreements that would reverse Labor’s economic reforms of the 1980s. Qantas also said the proposed industrial relations reforms would give too much power to trade unions and the Fair Work Commission. Qantas added that the reforms would increase the cost of air travel and reduce demand for flights, which could result in less profitable routes and services being discontinued. Clubs Australia in turn has warned that multi-employer bargaining could force many small clubs to close.

CORPORATES
QANTAS AIRWAYS LIMITED – ASX QAN, CLUBS AUSTRALIA AND NEW ZEALAND INCORPORATED

ANZ-Roy Morgan Consumer Confidence up 2.1pts to 80.8 – the weekly increase halts a run of six straight declines

roymorgansocial Leave a comment

Original article by Roy Morgan
Market Research Update – Page: Online : 16-Nov-22

ANZ-Roy Morgan Consumer Confidence rose 2.1pts to 80.8 in the week ended 13 November. It is now 25.2pts below the same week a year ago (106.0), and 8.6pts below the 2022 weekly average of 89.4. There were mixed results around the nation; Consumer Confidence increased in NSW and Queensland, Victoria was unchanged while the index was down in Western Australia and South Australia. Now 21% of Australians (down 2ppts) say their families are ‘better off’ financially than this time last year, while 46% (down 1ppt) say their families are ‘worse off’ financially. Some 31% (up 2ppt) of Australians expect their family to be ‘better off’ financially this time next year, while 35% (down 3ppts) expect to be ‘worse off’ financially. Only 8% (up 2ppts) of Australians now expect ‘good times’ for the Australian economy over the next 12 months, while 39% (down 4ppts) expect ‘bad times’. Meanwhile, 22% (down 1ppt) of Australians say now is a ‘good time to buy’ major household items, while 50% (unchanged) say now is a ‘bad time to buy’.

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

Greens reveal key policies ahead of Victorian election

roymorgansocial Leave a comment

Original article by Mitch Clarke
Herald Sun – Page: Online : 16-Nov-22

Action on climate action and housing affordability are among the key demands that the Victorian Greens will seek in return for supporting Labor if it is unable to form a majority government after the state election. Amongst other things, the Greens would push for a total ban on onshore and offshore gas exploration and production, a statewide ban on logging in native forests, and capping rent increases in line with wages. Premier Daniel Andrews has consistently ruled out any deals with the Greens or independent candidates.

CORPORATES
AUSTRALIAN GREENS, AUSTRALIAN LABOR PARTY, VICTORIA. DEPT OF PREMIER AND CABINET

Roy Morgan Trusted Brand Awards 2022: Australia’s most trusted brands in five key services and communications industries

roymorgansocial Leave a comment

Original article by Roy Morgan
Market Research Update – Page: Online : 16-Nov-22

Roy Morgan presented the inaugural Roy Morgan Trusted Brand Awards for 2022 in mid-October. Victoria-based ISP Aussie Broadband has taken out the inaugural award in the telecommunications category ahead of iiNet and TPG, and it has been Australia’s ‘Most Trusted Brand in Telecommunications’ since December 2020. The Salvation Army has won the inaugural ‘Most Trusted Brand in Charities’ Award after regaining top position in the category in June 2021. The excellent performance of Australia Post in dealing with the challenges of staff shortages caused by the pandemic and record high parcel deliveries, has been recognised in its victory in the ‘Most Trusted Brand in Services’ category, ahead of fellow finalists Wesfarmers and Choice. There was never much doubt which brand would emerge as the ‘Most Trusted Media Brand’, with the ABC leading this category since the inception of the survey four years ago. Meanwhile, Australia’s national research organisation the CSIRO is the inaugural winner of the ‘Most Trusted Brand in Government Services’ for 2022. The CSIRO has led the category for over two years and was one of only two finalists in the category to score a positive Net Trust Score – the other being Medicare in second place.

CORPORATES
ROY MORGAN LIMITED, AUSSIE BROADBAND LIMITED – ASX ABB, SALVATION ARMY, AUSTRALIA POST, AUSTRALIAN BROADCASTING CORPORATION, CSIRO

Review into ABC and SBS financial stability

roymorgansocial Leave a comment

Original article by Sophie Elsworth
The Australian – Page: Online : 16-Nov-22

Communications Minister Michelle Rowland has advised that her department has commenced a review of the ABC and SBS that will examine measures to support the stability and independence of the public broadcasters. Rowland disclosed details of review while attending a function organised by ABC Friends, which is not affiliated with the ABC. She emphasised that the review will not consider issues such as funding of the ABC and SBS or proposals to merge them. The review will include public consultation in 2023.

CORPORATES
AUSTRALIA. DEPT OF INFRASTRUCTURE, TRANSPORT, REGIONAL DEVELOPMENT, COMMUNICATIONS AND THE ARTS, AUSTRALIAN BROADCASTING CORPORATION, SPECIAL BROADCASTING SERVICE (SBS)

First step in long China thaw

roymorgansocial Leave a comment

Original article by Ben Packham, Amanda Hodge, Will Glasgow
The Australian – Page: 1 & 7 : 16-Nov-22

Prime Minister Anthony Albanese has described his brief meeting with Chinese President Xi Jinping at the G20 leaders’ summit as an important step to moving forward in the bilateral relationship between the two nations. Albanese and Xi talked for 32 minutes on the sidelines of the Bali summit, with the latter praising Albanese for handling relations between the two countries in a "mature manner". Albanese raised a number of issues during the meeting, including China’s trade bans on Australian imports and Australia’s concerns about alleged human rights abuses in Xinjiang province. He also urged Xi to release two Australian citizens who have been detained in China on espionage charges and to use his influence with Russian President Vladimir Putin to end the war in Ukraine.

CORPORATES
AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, GROUP OF TWENTY (G-20)

Origin suitor EIG expects intervention

roymorgansocial Leave a comment

Original article by Perry Williams
The Australian – Page: 13 & 16 : 14-Nov-22

US private equity firm EIG has teamed up with Canadian firm Brookfield to make a $18.4 billion bid for Origin Energy, with EIG expected to acquire Origin’s integrated gas business if the bid succeeds. EIG CEO R Blair Thomas says it has had to deal with windfall taxes and price caps at its German and UK operations, and expects that the federal government will intervene in Australia’s domestic gas market. Thomas says the gas industry needs to keep the public onside as it progresses through the energy transition, with many households angry about soaring gas prices.

CORPORATES
ORIGIN ENERGY LIMITED – ASX ORG, EIG GLOBAL ENERGY PARTNERS, BROOKFIELD ASSET MANAGEMENT INCORPORATED

Why haven’t I had COVID-19 yet? Am I a NOVID?

roymorgansocial Leave a comment

Original article by Nathan Bartlett
abc.net.au – Page: Online : 14-Nov-22

The most recent survey of donor blood examined the proportion of people who had antibodies against SARS-CoV-2, the virus that causes COVID-19, finding at least two thirds of Australians have been infected with the viral disease. As to those that have not had COVID-19 as yet, or NOVIDs as some have dubbed them, one possibility as to why they have not is that they could have immunity from it as a result of having previously been infected by a similar virus, while another could be their genetic makeup.

CORPORATES

ALP lead over Coalition in Victoria narrows since October and is back to 2018 Election result as minor parties surge: ALP 57% cf. L-NP 43%

roymorgansocial Leave a comment

Original article by Roy Morgan
Market Research Update – Page: Online : 14-Nov-22

A special Roy Morgan Snap SMS Poll shows that the ALP has retained a large election-winning lead over the Liberal-National Coalition in Victoria. The ALP is now on 57% (down 3.5% points since campaigning began) on a two-party preferred basis, well ahead of the L-NP on 43% (up 3.5% points). The two-party preferred results of this week’s Snap SMS Poll are almost identical to the results from the 2018 Victorian Election in which the ALP on 57.3% defeated the L-NP on 42.7% – a margin of 14.6% points. However, comparing the primary voting results from this Snap SMS Poll to the 2018 Victorian Election shows a large move to minor parties and independents – the same thing Roy Morgan saw at this year’s Federal Election. Primary vote support for the two major parties shows the ALP now at 40% (down 2.9% points from the 2018 Victorian Election) ahead of the L-NP on 29% (down 6.2% points). Support for the Greens is at 11.5% (up 0.8% points) while total support for ‘Other parties and independents’ is now at 19.5% (up 8.3% points). Among the minor parties support for so-called ‘Teal Independents’ is now at 4.5% while there is 1% support for Derryn Hinch’s Justice Party, 0.5% support for Clive Palmer’s United Australia Party and 13.5% support other minor parties and independents. This special Roy Morgan Snap SMS Poll was conducted with a Victoria-wide cross-section of 1,030 Victorian electors aged 18+ conducted from Wednesday November 9 to Thursday November 10.

CORPORATES
ROY MORGAN LIMITED, AUSTRALIAN LABOR PARTY, LIBERAL PARTY OF VICTORIA, NATIONAL PARTY OF AUSTRALIA, AUSTRALIAN GREENS, JUSTICE PARTY, UNITED AUSTRALIA PARTY