Author: roymorgansocial

Victorian ALP (58.5%) streaks ahead of L-NP (41.5%). Premier Daniel Andrews approval jumps 12% to 71%

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Original article by Roy Morgan
Market Research Update – Page: Online : 12-Nov-20

A Roy Morgan Snap SMS survey on Victorian voting intention shows that the ALP’s two-party support has jumped 7% to 58.5% following the end of the state’s coronavirus lockdown, with the L-NP on 41.5%. Primary support for the ALP is now at 45%, up 5% points from four weeks ago and well ahead of the L-NP on 34.5%, down 5.5% points. Support for the Greens is up slightly to 11% (up 2% points) while support for Other Parties is down 0.5% to 5.5%. The survey also found that 71% of Victorian electors approve of the way Premier Daniel Andrews is handling his job (up 12% since mid-October), while 29% disapprove (down 12%). This special Roy Morgan Snap SMS survey was conducted with a Victoria-wide cross-section of 818 electors aged 18+ on November 9 and 10.

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

Flu fatalities nosedive thanks to adherence to anti-virus measures

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Original article by Imogen Reid
The Australian – Page: 9 : 9-Nov-20

Australian Medical Association president Omar Khorshid says coronavirus-induced international border closures is probably the main reason why the nation’s 2020 flu season was much less severe than usual. He adds that reduced social interaction, better hygiene and higher levels of vaccination also helped curb the spread of flu. Data from the Department of Health shows that Australia has recorded just 21,215 confirmed cases in the flu in 2020, compared with more than 300,000 in 2019. Likewise, just 36 deaths have been linked to flu, down from 943 during the 2019 flu season.

CORPORATES
AUSTRALIAN MEDICAL ASSOCIATION LIMITED

No social media is safe: lies, conspiracies again taint poll

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Original article by Cat Zakrzewski, Rachel Lerman
The Australian Financial Review – Page: 10 : 9-Nov-20

Smaller social media sites such as Pinterest and LinkedIn have been just as vulnerable to misinformation claims during the US presidential election as big sites such as Twitter and Facebook. Image bookmarking-site Pinterest has blocked searches of topics such as ‘stolen ballots’ and clamped down on phrases such as ‘Sharpiegate’, while users of business-focused social network Linkedin shared videos and articles that peddled false claims about the election result. Originally published in the ‘Washington Post’.

CORPORATES
TWITTER INCORPORATED, PINTEREST, LINKEDIN CORPORATION, FACEBOOK INCORPORATED

ANZ steers well clear of buy now, pay later

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Original article by Ticky Fullerton
The Australian – Page: 18 : 9-Nov-20

The ‘buy now, pay later’ industry is enjoying strong growth, but the ANZ Bank intends to avoid the sector. The bank’s former chairman David Gonski says that while it is good that BNPL providers allow people to access credit when they need it, consumers must be mindful that they will pay interest when using these services. Meanwhile, Gonski believes that Australia’s investment banking sector presents opportunities at present. Gonski stepped down as ANZ chairman in late October.

CORPORATES
AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ

Labor looks to amend JobMaker subsidy over concerns older workers could be sacked

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Original article by Katharine Murphy
The Guardian Australia – Page: Online : 9-Nov-20

Labor has yet to decide whether to support the federal government’s JobMaker hiring credit scheme, which will be debated in the Senate on 9 November. However, senior Labor sources have indicated that the Opposition will seek amendments to the draft legislation to ensure that employers cannot sack older staff and replace them with workers under the age of 35 in order to qualify for the subsidy. The Australian Manufacturing Workers’ Union has called for labour hire firms to be excluded from the scheme, arguing that they could exploit loopholes in the draft legislation.

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AUSTRALIAN LABOR PARTY, AUSTRALIAN MANUFACTURING WORKERS’ UNION

Biden: I’m unifier-in-chief

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Original article by Cameron Stewart
The Australian – Page: 1 & 4 : 9-Nov-20

US president-elect Joe Biden has promised to govern for all Americans and seek to unite rather than divide the nation. Biden has used his first national speech as president-elect to reach out to people who voted for Donald Trump, while he has urged both major political parties to co-operate. Meanwhile, Trump will press ahead with a legal challenge to the election results in some states; he contends that many votes were received illegally after 8pm on election day, which significantly affected the outcome of the poll in some key states. Biden currently has 51 per cent of the popular vote, compared with 49 per cent for Trump.

CORPORATES
UNITED STATES. EXECUTIVE OFFICE OF THE PRESIDENT

Australia warned it could be isolated over climate inaction after Joe Biden victory

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Original article by Adam Morton
The Guardian – Page: Online : 9-Nov-20

President-elect Joe Biden has set a net zero emissions for the US of no later than 2050, while he has committed to rejoining the Paris climate agreement. Howard Bamsey, Australia’s former special envoy on climate change, suspects the topic will come up in Biden’s first or second conversation with Prime Minister Scott Morrison, while former Australian diplomat to the UN Dean Bialek says Australia risks being further isolated as a "climate laggard" if it adheres to its current inaction.

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

Victoria whole again as ring of steel rusts away

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Original article by Remy Varga
The Australian – Page: 9 : 9-Nov-20

Victoria has recorded nine consecutive days with no new coronavirus cases. Premier Daniel Andrews has announced a further easing of lockdown restrictions that took effect at 11.59pm on 8 November. Amongst other things, the 25km travel limit in Melbourne has been scrapped and residents will now be free to travel to regional Victoria. The number of patrons that hospitality venues can serve has been increased, while cultural venues such as libraries and museums can reopen with strict rules on the number of patrons. Lockdown measures will be further eased on 23 November, although Andrews says face masks are likely to remain mandatory for some time. There are now just four active COVID-19 cases in Victoria, compared with 42 in New South Wales.

CORPORATES
VICTORIA. DEPT OF PREMIER AND CABINET

BHP joins Baowu to explore green steel

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Original article by Jared Lynch
The Australian – Page: 16 : 9-Nov-20

BHP will work with Chinese steel producer Baowu to develop low-carbon technologies for the global steel industry. BHP’s memorandum of understanding with Baowu includes provision for an investment of up to $US35m ($48m) in technologies aimed at reducing the industry’s carbon emissions. However, BHP still expects coking coal to remain a key steel-making input for many years. Coking coal accounted for $US1.9bn of BHP’s earnings in 2019-20.

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BHP GROUP LIMITED – ASX BHP, CHINA BAOWU STEEL GROUP CORPORATION LIMITED

Banks shut ATMs and branches amid digital push and cost cuts

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Original article by James Frost
The Australian Financial Review – Page: 18 : 9-Nov-20

Data presented to a federal parliamentary inquiry has highlighted the decline in the branch and ATM networks of Australia’s major banks over the last five years. The figures show that the number of branches and ATMs per 100,000 people has fallen by 33 per cent since 2015. Shadow assistant treasurer Andrew Leigh says the federal government has ignored the issue of branch closures, and says it has no plans to ensure that disadvantaged Australians continue to have access to banking services. The Australian Banking Association notes that the shift to digital banking has gathered pace during the coronavirus pandemic.

CORPORATES
AUSTRALIAN BANKING ASSOCIATION