Inflation Expectations rebound to 4.1% in May as L-NP re-elected

Original article by Roy Morgan
Market Research Update – Page: Online : 17-Jun-19

Australians aged +14 expect inflation of 4.1% per year over the next two years, according to the Roy Morgan Inflation Expectations Index for May 2019. This is a significant rebound from the record low of 3.7% in April, and down 0.2% on May 2018. Despite the increase in May, Inflation Expectations have decreased around Australia compared to a year ago, although the decline has been concentrated in Capital Cities, with Inflation Expectations in Country Areas unchanged on a year ago. Analysis by voting intentions shows that Inflation Expectations for ALP supporters increased 0.2% to 4% in May, while Inflation Expectations for L-NP supporters were unchanged at 3.4%. Inflation Expectations for Greens supporters declined by 0.2%, to 3.6%. May Inflation Expectations are based on personally interviewing a nationwide sample of 4,011 Australians aged 14+ face-to -face in their own homes.

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

Stan faces uncertain times as its sweetheart deals expire and rivals muscle in

Original article by Andrew White
The Australian – Page: 24 & 26 : 17-Jun-19

AMPD Research estimates that Stan boasts about 1.4 million subscribers in Australia, compared with around 5.3 million for Netflix. Stan faces a number of headwinds, including a rise in programming costs as its existing content deals expire and the expected loss of its content deal with Disney as the US media giant prepares to launch its own subscription video-on-demand. Stan also faces the prospect of increased competition as other SVOD players enter the local market.

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STAN ENTERTAINMENT PTY LTD, AMR RESEARCH, WALT DISNEY COMPANY, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, FAIRFAX MEDIA LIMITED, NETFLIX INCORPORATED, HULU LLC, ESPN+, HBO, CBS CORPORATION, TEN NETWORK HOLDINGS LIMITED, CBS ALL ACCESS, FOXTEL MANAGEMENT PTY LTD, CCZ STATTON EQUITIES PTY LTD, NEWS CORP AUSTRALIA PTY LTD, NEWS CORPORATION – ASX NWS, TELSTRA CORPORATION LIMITED – ASX TLS, KAYO SPORTS, LIGHTBOX, SPARK NEW ZEALAND LIMITED – ASX SPK

Williams top shoe store ahead of The Athlete’s Foot

Original article by Roy Morgan
Market Research Update – Page: Online : 17-Jun-19

A Roy Morgan Single Source survey shows that Williams has Australia’s most satisfied shoe store customers, with a customer satisfaction rating of 88% in April 2019, ahead of The Athlete’s Foot on 86% and Spend Less Shoes on 78%. Overall, some 1.4 million Australians shop at a shoe store in an average four-week period, and 82% are satisfied with their experience. Analysis by gender shows that about 880,000 women and 580,000 men shop at shoe stores in an average four weeks. Meanwhile, analysis by generation reveals that 470,000 Australians in Generation X shop at shoe stores in an average four weeks, nearly a third of all shoe store shoppers, and easily the largest market by generation for Australian shoe stores. Generation X also represents the largest share of customers for Williams, The Athlete’s Foot and Payless Shoes.

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ROY MORGAN LIMITED, WILLIAMS, THE ATHLETE’S FOOT AUSTRALIA PTY LTD, SPENDLESS SHOES PTY LTD

Dishwasher ownership grows and purchasing of dishwashing liquid declines in 2019

Original article by Roy Morgan
Market Research Update – Page: Online : 17-Jun-19

New research from Roy Morgan shows that 11.92 million Australians aged 14+ (58%) now own a dishwasher, up more than 2.2 million (+8ppts) from four years ago. While dishwasher ownership has grown in recent years, purchasing of dishwashing liquids has barely changed over the last two years, although there has been a clear decline as a share of the growing population. Dishwashing liquid is still bought by 11.91 million Australians (57.9%); this is an increase from the 10.96 million (56.6%) who bought dishwashing liquid in 2015, but it is a clear decline from two years ago when 11.97 million Australians (60.3%) bought dishwashing liquid. Australia’s leading dishwashing liquid is still Morning Fresh, which is bought by 36.6% of buyers of dishwashing liquid, but down by 1ppt from two years ago. Other leading dishwashing liquid brands to decline over the last two years include Palmolive (down 2.6ppts), Fairy (down 1.5ppts) and Supermarket brands (down 0.3ppts). However, Earth Choice, an environmentally-conscious product as the name suggests, is now bought by 24.2% of dishwashing liquid buyers in an average six months (up 1.7ppts from two years ago) and Green Choice is now bought by 2.5% (up 0.4ppts).

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ROY MORGAN LIMITED

Fletcher flags new tax on Netflix

Original article by Leo Shanahan
The Australian – Page: 24 & 26 : 17-Jun-19

Communications Minister Paul Fletcher says the federal government may be open to accepting all of the recommendations of the Australian Competition & Consumer Commission’s final report on its inquiry into digital platforms. He adds that Australia would be prepared to act alone in regulating large technology companies, although he adds that global regulatory action is needed for a consistent policy approach. Fletcher has also flagged the possibility of imposing a levy on digital video streaming providers such as Netflix to offset traditional TV broadcasters’ loss of revenue.

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AUSTRALIA. DEPT OF COMMUNICATIONS AND THE ARTS, AUSTRALIAN COMPETITION AND CONSUMER COMMISSION, GOOGLE INCORPORATED, FACEBOOK INCORPORATED, NETFLIX INCORPORATED, NEWS CORP AUSTRALIA PTY LTD, NEWS CORPORATION – ASX NWS, AUSTRALIAN LABOR PARTY

Rate cut may lead to riskier investing

Original article by Sarah Turner
The Australian Financial Review – Page: 31 : 13-Jun-19

Anthony Doyle of Fidelity International says Australian savers are likely to seek out higher-yielding and higher-risk investments following the Reserve Bank’s decision to reduce the cash rate to a new low of 1.25 per cent. He notes that there was a similar trend in the UK following the global financial crisis, with Britain’s cash rate reaching a low of just 25 basis points. Doyle also expects the search for yield to bolster Australia’s corporate bond market.

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FIDELITY INTERNATIONAL PTY LTD, RESERVE BANK OF AUSTRALIA, M&G INVESTMENT MANAGEMENT LIMITED

Rethink press inquiry and act, PM urged

Original article by Greg Brown
The Australian – Page: 2 : 13-Jun-19

Communications Minister Paul Fletcher says the federal government has made no decision on a parliamentary inquiry into press freedom in the wake of the Australian Federal Police’s recent media raids. However, some Coalition MPS have expressed concern that the issue may become politicised if there is a parliamentary inquiry. Liberal MP Craig Kelly argues that a special inquiry into the actions of the AFP is not necessary as parliament has oversight of the law enforcement agency.

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AUSTRALIA. DEPT OF COMMUNICATIONS AND THE ARTS, AUSTRALIAN FEDERAL POLICE, LIBERAL PARTY OF AUSTRALIA, NATIONAL PARTY OF AUSTRALIA, AUSTRALIAN LABOR PARTY, AUSTRALIAN BROADCASTING CORPORATION, NEWS CORP AUSTRALIA PTY LTD, NEWS CORPORATION – ASX NWS

Coalition to strike amid Setka strife

Original article by Ewin Hannan
The Australian – Page: 1 & 6 : 13-Jun-19

Labor has been urged to support the federal government’s Ensuring ­Integrity Bill in the wake of the controversy surrounding Construction, Forestry, Maritime, Mining & ­Energy Union official John Setka. Labor opposed the bill – which amongst other things would allow courts to disqualify union officials for repeated breaches of civil law – in the previous parliament. Setka has refused to stand down as the CFMMEU’s Victorian secretary in the wake of comments he allegedly made about domestic violence campaigner Rosie Batty, while Labor leader Anthony Albanese is seeking to have him expelled from the party.

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CONSTRUCTION, FORESTRY, MARITIME, MINING AND ENERGY UNION OF AUSTRALIA, AUSTRALIAN LABOR PARTY, ACTU, MARITIME UNION OF AUSTRALIA, ELECTRICAL TRADES UNION, UNITED VOICE

RBA warns rates may go lower to drive jobs

Original article by Michael Roddan
The Australian – Page: 2 : 13-Jun-19

The Reserve Bank of Australia recently downwardly revised its estimate of full employment from 5.25 per cent to 4.5 per cent. Assistant governor Luci Ellis has indicated that the non-accelerating inflation rate of unemployment may in fact be as low as 3.5 per cent, adding that the central bank may have to keep reducing the cash rate until the unemployment rate reaches this level. Australia’s official unemployment rate is currently about five per cent.

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RESERVE BANK OF AUSTRALIA

Facebook signs major Aussie sports

Original article by Zoe Samios
The Australian – Page: 23 : 13-Jun-19

Social media giant Facebook has secured content deals with the Australian Football League, the National Rugby League and Cricket Australia. The Facebook Watch streaming platform will feature AFL and NRL match highlights and other content from the two football codes. Facebook has also extended its deal with Cricket Australia to provide live streaming of Women’s Big Bash League matches. Facebook recently signed a content deal with Seven West Media.

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FACEBOOK INCORPORATED, AUSTRALIAN FOOTBALL LEAGUE, NATIONAL RUGBY LEAGUE, CRICKET AUSTRALIA, WOMEN’S BIG BASH LEAGUE, SEVEN WEST MEDIA LIMITED – ASX SWM