Author: roymorgansocial

Nine buys Premier League rights in Australia as Optus Sport shuts down

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Original article by Martin Pegan
The Guardian Australia – Page: Online : 1-Jul-25

Nine Entertainment has struck a deal to acquire the sports broadcasting rights that are currently held by telco Optus. They include the English Premier League, the FA Cup and the National Women’s Soccer League, which will all shift from Optus Sport to Stan Sport. The deal is said to be worth about $300m in total, and Optus is believed to have agreed to contribute about $40m to the estimated annual cost of $100m per annum for the final three years of its broadcasting rights deal for EPL matches. The Optus Sport platform was launched in 2006, but it will be shut down at the end of July; this will allow Optus to focus on its core business.

CORPORATES
NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, STAN SPORT, OPTUS SPORT, SINGTEL OPTUS PTY LTD, ENGLISH PREMIER LEAGUE, FOOTBALL ASSOCIATION LIMITED, NATIONAL WOMEN’S SOCCER LEAGUE

Gas crisis: Bowen calls on reserves

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Original article by Greg Brown, Colin Packham
The Australian – Page: 1 & 2 : 1-Jul-25

The federal government will undertake a review of the east coast gas market, amid new fears that a shortage could potentially occur by the end of 2025. Climate Change and Energy Minister Chris Bowen has indicated that the government will require new gas projects to supply some of their output to the domestic market, although the policy will not affect the LNG export contracts of existing projects. The government will also consider the option of an east coast reservation scheme, which the Opposition had proposed during its ill-fated election campaign. Bowen has conceded that gas will be crucial to the energy transition, although he remains upbeat about the nation’s troubled green hydrogen industry.

CORPORATES
AUSTRALIA. DEPT OF CLIMATE CHANGE, ENERGY, THE ENVIRONMENT AND WATER

ANZ-Roy Morgan New Zealand Consumer Confidence increases to 98.8 – highest so far this year

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Original article by Roy Morgan
Market Research Update – Page: Online : 1-Jul-25

ANZ-Roy Morgan New Zealand Consumer Confidence rose 5.9 points to 98.8 in June. The future conditions index, made up of forward-looking questions, rose 8 points to 104.8, recovering last month’s fall; the current conditions index rose 3 points to 89.8. Net perceptions of current personal financial situations rose 3 points to -13%; only 26% (up 2% points) of respondents said they are ‘better off financially’ compared to a year ago, while 39% (down 1% point) say they are ‘worse off financially’. Meanwhile, a net 20% of New Zealanders expect to be better off this time next year (up 8 points on a month ago), and a net 23% (down 2% points) expect to be worse off. A net 7% (down 3% points) of New Zealanders now think it is a ‘bad time to buy’ a major household item, whil two-year-ahead CPI inflation expectations lifted from 4.6% to 4.9%.

CORPORATES
ROY MORGAN LIMITED

Keating says 12pc super is 25 years late but worth wait

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Original article by Phillip Coorey
The Australian Financial Review – Page: 4 : 1-Jul-25

The compulsory superannuation guarantee will rise by 0.5 per cent to 12 per cent today, following progressive increases in recent years. Former prime minister Paul Keating – considered to be one of the ‘architects’ of Australia’s super system – has welcomed the milestone but says it should have been reached in 2000. The Coalition government of the era froze the guarantee at nine per cent, a policy which remained in place until 2013. Keating contends that the delay has cost some workers up to $300,000 in retirement savings. He opposes the federal government’s proposed changes to the tax treatment of super, particularly the taxation of unrealised capital gains.

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Roy Morgan Poll: Albanese Government retains strong two-party preferred lead after US strikes on Iranian nuclear facilities: ALP 57.5% cf. L-NP 42.5%

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Original article by Roy Morgan
Market Research Update – Page: Online : 1-Jul-25

In the final week of June, and following immediately after US strikes on Iranian nuclear facilities, the ALP 57.5% has maintained a large two-party preferred lead over the L-NP Coalition 42.5%, virtually unchanged on a week earlier, the latest Roy Morgan survey finds. Interviewing for this survey began on Monday June 23 – the same day Prime Minister Anthony Albanese and Foreign Minister Penny Wong expressed support for the decision by the United States to strike the Iranian nuclear facilities and reiterated Australia’s position that Iran not be able to develop nuclear weapons. In the final week of June primary support for the ALP was at 36.5% (down 1% since early June) and clearly ahead of the Liberal-National Coalition on 30.5% (down 0.5%). Support for the Greens was unchanged on 12% and support for One Nation increased 2.5% to 8.5%. In addition, support for Independents/Other Parties was at 12.5% (down 1%).

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

PM flags India as next chance for Trump meeting

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Original article by Phillip Coorey
The Australian Financial Review – Page: 5 : 1-Jul-25

Prime Minister Anthony Albanese noted on Monday that there is a lot of interest as to when he will have his first face-to-face meeting with US President Donald Trump. It had been suggested that the earliest they might meet is in the US in late September, when Albanese addresses the United Nations General Assembly in New York, but Albanese suggested that they could meet at the annual Quadrilateral Security Dialogue meeting between the leaders of the US, Japan, India and Australia; no date has yet been set for this meeting, but reports from India suggest that it could be held in early September. A meeting with Trump will give Albanese the chance to make Australia’s case on defence spending and tariffs.

CORPORATES
AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, UNITED STATES. EXECUTIVE OFFICE OF THE PRESIDENT, UNITED NATIONS

Bupa sued for $35m for misleading customers

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Original article by Michael Smith
The Australian Financial Review – Page: 9 : 1-Jul-25

The Australian Competition & Consumer Commission has asked the Federal Court to impose a $35 million fine on health insurer Bupa for allegedly misleading customers over a five-year period. The ACCC alleges that Bupa gave customers incorrect information in regard to claiming benefits in situations where two or more procedures were taking place at the same time, with some customers having to pay thousands of dollars or cancel medical procedures altogether as a result of the incorrect information. Bupa’s Asia Pacific CEO Nick Stone says he is "deeply sorry" that customers were given the wrong information, while ACCC chair Gina Cass-Gottlieb says Bupa should have invested in the proper training and processes to prevent such mistakes from occurring.

CORPORATES
BUPA AUSTRALIA PTY LTD, AUSTRALIAN COMPETITION AND CONSUMER COMMISSION, FEDERAL COURT OF AUSTRALIA

ASX winners and losers for 2025 revealed

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Original article by Cliona O’Dowd
The Australian – Page: 13 & 19 : 1-Jul-25

The benchmark S&P/ASX 200 rose 10.2 per cent in the 2024-25 financial year, posting its biggest annual gain since 2021. Ship builder Austal tops the list of best-performing stocks for 2024-25, rising by 152 per cent; it is followed by gold producers Regis Resources (up 150 per cent) and Genesis Minerals (145 per cent). Meanwhile, IDP Education recorded the biggest loss among the top-200 stocks, shedding 76 per cent; other major underperformers included Mineral Resources (down 60 per cent) and Pilbara Minerals (57 per cent). The ASX 200 ended the financial year at 8,542.3 points, and Shane Oliver from AMP says it could potentially rise to around the 8,700-point level by the end of 2025.

CORPORATES
STANDARD AND POOR’S ASX 200 INDEX, AUSTAL LIMITED – ASX ASB, REGIS RESOURCES LIMITED – ASX RRL, GENESIS MINERALS LIMITED – ASX GMD, IDP EDUCATION LIMITED – ASX IEL, MINERAL RESOURCES LIMITED – ASX MIN, PILBARA MINERALS LIMITED – ASX PLS, AMP LIMITED – ASX AMP

PM blowing up our defence hopes

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Original article by Ben Packham
The Australian – Page: 1 & 4 : 1-Jul-25

The federal government struck a deal with the Biden administration in 2024 to purchase $7bn worth of guided missiles for its fleet of warships. However, the deal has yet to receive final approval from the White House, and there are fears that the Trump administration could redirect the consignment of missiles to a US ally that is willing to meet its demands regarding defence spending. Prime Minister Anthony Albanese is continuing to resist pressure from the US to increase defence expenditure to 3.5 per cent of GDP; he is adamant that the government will stick with its target of just 2.3 per cent by 2033.

CORPORATES
AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, UNITED STATES. EXECUTIVE OFFICE OF THE PRESIDENT

MinRes sells troubled Yilgarn iron ore projects

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Original article by Elouise Fowler
The Australian Financial Review – Page: 19 : 1-Jul-25

Perth-based Yilgarn Iron Investments has secured a deal to buy the mothballed Yilgarn iron ore projects in Western Australia from Mineral Resources. The Yilgarn mines in the state’s Goldfields region were shut down in late 2024, and more than 800 workers were redeployed to the company’s other projects. Mineral Resources has advised that the commercial terms of the deal are ‘confidential and immaterial’. The deal only comprises the Yilgarn hub’s iron ore assets, and Mineral Resources will retain the rights to gold and lithium deposits.

CORPORATES
MINERAL RESOURCES LIMITED – ASX MIN, YILGARN IRON INVESTMENTS PTY LTD