Author: roymorgansocial

1.4 million Australians read puzzle magazines

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Original article by Roy Morgan
Market Research Update – Page: Online : 3-Jun-19

New research from Roy Morgan shows that leading puzzle magazines are now read by over 1.4 million Australians aged 14+ in an average month. Leading puzzle magazines are often closely associated with a higher circulation magazine such as Take 5, Australian Women’s Weekly, Woman’s Day and New Idea, and help to raise the profile and readership of the primary magazine. Although many of the leading puzzle magazines are closely associated with a higher circulation magazine, the majority of readers of puzzle magazines do not in fact also read the namesake title magazine. Take 5 Mega Puzzler with a readership of 325,000 shares 35% of its readers with its namesake title Take 5 (Weekly) while nearly-two thirds of Take 5 Mega Puzzler’s readership (65%), do not read Take 5 (Weekly). For other puzzle magazines an even higher majority of their readership do not also read the namesake title. At least 70% of the readers of Australian Women’s Weekly Puzzle Book, New Idea Jumbo Puzzler, Take 5 Pocket Puzzler and Woman’s Day Superpuzzler do not also read the associated primary magazine.

CORPORATES
ROY MORGAN LIMITED

Labor all at sea as boats view thrown overboard

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Original article by Rosie Lewis, Alice Workman
The Australian – Page: 1 & 4 : 3-Jun-19

Home Affairs Minister Peter Dutton has criticised Labor’s decision to appoint Kristina Keneally to the portfolio. Dutton claims that she is the "least qualified" to be the shadow home affairs minister. Keneally has previously opposed the federal government’s policy of turning back asylum-seeker boats and expressed support for on-shore processing. However, she now says Labor fully supports boat turnbacks and offshore processing. Meanwhile, former shadow treasurer Chris Bowen will step into the health portfolio, while Bill Shorten has been given the National Disability Insurance Scheme portfolio. The new shadow cabinet has equal representation of men and women.

CORPORATES
AUSTRALIAN LABOR PARTY, AUSTRALIA. DEPT OF HOME AFFAIRS

Priceline makes up even more of the Australian cosmetics market

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Original article by Roy Morgan
Market Research Update – Page: Online : 3-Jun-19

A Roy Morgan Single Source survey shows that 23.3% of Australian women aged 14+ who buy cosmetics do so at Priceline, up from 12.8% four years ago. The number of women buying cosmetics at Priceline has shot up from around 620,000 to over 1.2 million in the year to March 2019. Meanwhile, supermarkets have stabilised their customer patronage for cosmetics after a dip in recent years. Some 24.9% of Australian women who buy cosmetics buy them from supermarkets, with both Coles and Woolworths experiencing an increased number of customers buying their cosmetics products compared to four years ago. However, fewer women than four years ago are now buying cosmetics at leading department stores such as Myer and David Jones, and discount department stores such as Target, Big W and Kmart. Chemist Warehouse has also experienced a small slump in cosmetics customers in 2019, despite previous years of strong growth.

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ROY MORGAN LIMITED

Bickford’s narrows the gap to Cottee’s, Diet Cordial gains momentum

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Original article by Roy Morgan
Market Research Update – Page: Online : 3-Jun-19

A Roy Morgan Single Source survey shows that over four million Australians aged 14+ purchased cordial in an average four weeks in the year to March 2019. Cottee’s is still the leading cordial brand, purchased by 30.7% of cordial customers (down 4.6ppts from four years ago), and now just ahead of Bickford’s, which is bought by 27.2% of cordial customers (up 3.4ppts from 2015). Golden Circle Cordial has also gained traction, with 20.2% of Australian cordial customers buying the brand in an average four weeks, up 3.7ppts from four years ago. Meanwhile, diet cordial is now purchased by 16.2% of cordial customers, up from 13.9% four years ago. Analysis shows that Bickford’s primary customer base comes from the high-end AB and C Socio-Economic Quintiles, who comprise 45% of Bickford’s customer base of over 1.1 million Australians. In comparison, Cottee’s and Golden Circle appeal strongly to the lower-end E and FG Socio-Economic Quintiles. Over 52% of Golden Circle Cordial’s 820,000 cordial customers and 45% of Cottee’s 1.25 million cordial customers are in the E or FG quintiles.

CORPORATES
ROY MORGAN LIMITED, COTTEE’S, BICKFORD’S AUSTRALIA PTY LTD, GOLDEN CIRCLE LIMITED

Business Confidence soars 11% to 114.4 as L-NP win election and majority say now is a good time to invest

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Original article by Roy Morgan
Market Research Update – Page: Online : 3-Jun-19

In Australia, Business Confidence rose 11.5pts (+11.2%) to 114.4 in May 2019, according to the latest Roy Morgan Business Single Source survey, in a month in which the L-NP Government was re-elected against the expectations of many. The increase was across the whole month, although the small proportion of interviews conducted after the election had a higher level of Business Confidence (118.4) than the pre-election period (113.5). The jump in Business Confidence in May is the biggest monthly increase since a 14.7pt (+12.3%) jump to 134.3 in September 2013, when the L-NP Government was first elected. Business Confidence is now only 2.7pts below its level in May 2018 and 1.3pts less than its long-term average of 115.7. Now 44.5% (up 9.3ppts) of businesses expect the business to be ‘better off’ financially this time next year, while just 15.7% (down 6.1ppts) expect the business to be ‘worse off’ financially. Meanwhile, 47.4% (up 6.4ppts) of businesses expect the Australian economy to have ‘good times’ over the next year, while 41.3% (down 6.6ppts) expect the economy to have ‘bad times’. Now 51.3% (up 3.6ppts) of businesses also say the next year will be a ‘good time to invest in growing the business’, while 36% (down 2.9ppts) say it will be a ‘bad time to invest’ (the lowest figure for this indicator since February 2018).

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ROY MORGAN LIMITED

Gas producers face export curbs

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Original article by Perry Williams, Greg Brown
The Australian – Page: 17 & 26 : 31-May-19

Manufacturing Australia CEO Ben Eade says the federal government must impose LNG export controls due to the high cost of gas in the domestic market. Resources Minister Matt Canavan has signalled that the government may be open to triggering the Australian Domestic Gas Security Mechanism if domestic gas prices remain well above those in Asia. Manufacturers in the eastern states are currently paying more than $10 a gigajoule for gas, and Australian Competition & Consumer chairman Rod Sims has warned that many will be forced to close if gas prices do not fall.

CORPORATES
MANUFACTURING AUSTRALIA LIMITED, AUSTRALIA. DEPT OF INDUSTRY, INNOVATION AND SCIENCE, AUSTRALIAN COMPETITION AND CONSUMER COMMISSION, AUSTRALIAN ENERGY MARKET OPERATOR LIMITED, INCITEC PIVOT LIMITED – ASX IPL, QENOS PTY LTD, EXXONMOBIL CORPORATION, AUSTRALIAN PAPER LIMITED, DOW CHEMICAL AUSTRALIA LIMITED, CLAYPAVE PTY LTD, REMAPAK PTY LTD

Adani to get the all-clear on finch

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Original article by Sarah Elks
The Australian – Page: 2 : 31-May-19

Queensland’s Environment Department is expected to announce on 31 May that it has approved Adani’s management plan for the black-throated finch at its proposed Carmichael coal mine. Approval for the plan could mean Adani just needs approval for its groundwater-management plan for construction of the $2 billion mine to commence. Meanwhile, Opposition leader Deb Freck­lington has accused Queensland Treasurer Jackie Trad of holding the mining industry to ransom over her proposed ‘voluntary’ $100 million regional infrastructure fund.

CORPORATES
QUEENSLAND. DEPT OF ENVIRONMENT AND HERITAGE PROTECTION, ADANI MINING PTY LTD, BHP GROUP LIMITED – ASX BHP, ANGLO AMERICAN AUSTRALIA LIMITED, PEABODY COALTRADE AUSTRALIA PTY LTD, GLENCORE COAL HOLDINGS LIMITED, QUEENSLAND. TREASURY

Packer’s sale of $1.76b stake in Crown Resorts puts spotlight on Barangaroo pledge

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Original article by Nick Bonyhady, Nick Toscano
The Brisbane Times – Page: Online : 31-May-19

James Packer has sold half of his stake in Crown Resorts to Hong Kong-based Melco Resorts & Entertainment, a company with which Crown once operated a casino in Macau under a joint venture. The $1.76 billion deal was transacted via Packer’s private company Consolidated Press Holdings, and leaves Packer with around 25 per cent of Crown. However, there are suggestions that the share sale may breach the conditions of Crown’s operating licence in New South Wales; a condition of the agreement requires Crown to have no associations with Stanley Ho, the father of Melco owner Lawrence Ho.

CORPORATES
CROWN RESORTS LIMITED – ASX CWN, MELCO RESORTS AND ENTERTAINMENT

How the Murdochs lost the fight for Sky

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Original article by Christopher Williams
The Australian Financial Review – Page: R1 & R6 : 31-May-19

The Murdoch family first tried to take full control of Sky in the UK in 2011 through News Corporation, but the attempt was unsuccessful. James Murdoch made another attempt to secure full control of Sky in 2016, this time through Fox. In announcing the bid, Murdoch expressed confidence that it would be approved by regulators within six months. Britain’s Culture Secretary Karen Bradley initially referred the bid to Ofcom, before referring it to the Competition & Markets Authority in September 2017. At around that time, Rupert Murdoch was in the process of putting together a mega media deal that would eventually end up with Comcast rather than Fox securing control of Sky.

CORPORATES
SKY PLC, NEWS CORPORATION – ASX NWS, 21ST CENTURY FOX INCORPORATED, GREAT BRITAIN. DEPT OF CULTURE, MEDIA AND SPORT, GREAT BRITAIN. COMPETITION AND MARKETS AUTHORITY, GREAT BRITAIN. OFFICE OF COMMUNICATIONS, COMCAST CORPORATION

Albo to set off on straight-talking tour

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Original article by Greg Brown
The Australian – Page: 6 : 31-May-19

Federal Labor leader Anthony Albanese intends to travel around Australia over the next few weeks to find out how Labor can do better, saying that he is a good listener. Labor’s new frontbench will have its first meeting in Brisbane in early June, with the party having only secured 27 per cent of the primary vote in Queensland at the 18 May election. Former Labor leader Bill Shorten will be on the frontbench, but Albanese has declined to say what portfolio he will be allocated.

CORPORATES
AUSTRALIAN LABOR PARTY