Albo, Plibersek to fight it out

Original article by Ben Packham, Greg Brown
The Australian – Page: 5 : 20-May-19

Bill Shorten has indicated that he is keen to have a seat on Labor’s frontbench after stepping down as Opposition leader following the federal election loss. Deputy leader Tanya Plibersek intends to contest the leadership, as will fellow Labor Left faction member Anthony Albanese. Shadow treasurer Chris Bowen and finance spokesman Jim Chalmers – both members of the Right faction – are also considering a tilt at the leadership, with the latter advising that he will wait to see what Bowen decides to do.

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AUSTRALIAN LABOR PARTY

Messiah from The Shire

Original article by Simon Benson
The Australian – Page: 1 & 2 : 20-May-19

Prime Minister Scott Morrison has identified a number of immediate priorities for the Coalition’s third term in office. They include the income tax cuts package, counter-­terrorism legislation and fixing shortcomings in the National Disability Insurance Scheme. Morrison wants to reconvene federal parliament as quickly as possible, saying the election win has given the Coalition a mandate for its Budget reforms. He says the election result came down to the final week of campaigning. The Coalition currently has 75 seats in the lower house, one short of being able to form a majority government; five seats remain in doubt.

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AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, LIBERAL PARTY OF AUSTRALIA, NATIONAL PARTY OF AUSTRALIA, AUSTRALIAN LABOR PARTY, ONE NATION PARTY, AUSTRALIAN GREENS

Over nine million general insurance policies at risk of being switched – CGU and RACV top for loyalty

Original article by Roy Morgan
Market Research Update – Page: Online : 20-May-19

A new report from Roy Morgan, ‘General Insurance Industry Market Overview Currency Report’, shows that during the last 12 months, 9.4 million general insurance policies (19.1%) were subject to review. This was made up of the policies that were switched to another company and those that were renewed with the same company after approaching other companies. The report shows that over the last year, 78.4% of general insurance policies were renewed with the same company without approaching any other companies. This was an increase from the previous year when it was 77.5% and currently represents 38.3 million policies. The most loyal customers, based on the proportion of policies that are renewed without the holder approaching another company, are with CGU (85.8%) and the RACV (83.5%). The least loyal customers among the majors are with YOUI (only 70.6% renewed without looking around), AAMI (73.3%) and GIO (73.7%). Roy Morgan’s ‘General Insurance Currency Report’ is derived from Roy Morgan’s Single Source Survey (Australia) which is based on in-depth personal interviews conducted face-to-face with over 50,000 Australians per annum in their homes, including details of over 120,000 general insurance policies.

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ROY MORGAN LIMITED, CGU INSURANCE AUSTRALIA LIMITED, RACV INSURANCE, YOUI PTY LTD, AUSTRALIAN ASSOCIATED MOTOR INSURERS LIMITED, GIO AUSTRALIA LIMITED

Guardian wins Pharmacy satisfaction ahead of Priceline

Original article by Roy Morgan
Market Research Update – Page: Online : 20-May-19

Guardian is the Roy Morgan Pharmacy/Chemist of the month for March 2019 with a customer satisfaction rating of 93%, edging out Priceline Pharmacy on 92% and TerryWhite Chemmart and Discount Drug Stores (both on 91%). Guardian is a former winner of the Roy Morgan Pharmacy/Chemist of the Year Customer Satisfaction Award in 2012, 2013 and 2014, and it has returned to the winner’s circle with a significant improvement in performance over the last year. Guardian increased customer satisfaction by 6% points from a year ago to 93% – a larger increase than any of its leading rivals. Several other leading pharmacies improved their customer satisfaction over the last year, including Priceline Pharmacy (up 2% points to 92%), TerryWhite Chemmart (up 2% points to 91%), Amcal/Amcal Max (up 2% points to 90%) and Chemist Warehouse (up 1% point to 90%).

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ROY MORGAN LIMITED, GUARDIAN PHARMACY, PRICELINE PHARMACY, TERRYWHITE CHEMMART, DISCOUNT DRUGSTORES PTY LTD, AMCAL CHEMISTS, AMCAL MAX, CHEMIST WAREHOUSE

Facebook on top but Instagram and Pinterest growing fastest

Original article by Roy Morgan
Market Research Update – Page: Online : 20-May-19

The latest research from Roy Morgan shows that over 17.1 million Australians aged 14+ (83%) visited Facebook in an average four weeks in the year to March 2019, an increase of almost 4.2 million (+32.4%) from four years ago. YouTube is in a clear second place and the popular online video sharing site has an estimated 15.3 million visitors in an average four weeks, up by over 3.5 million (+29.7%) from four years ago. Although both Facebook and YouTube are clear market leaders in the Social Networks and Online Communities market, it is the primarily image-sharing sites Instagram and Pinterest that have grown the fastest in recent years. Instagram, Facebook’s photo and video-sharing subsidiary now has over 8 million visitors in an average four weeks, up by over 5.6 million (+238.1%) from four years ago. And Pinterest, with over 7.3 million visitors, has grown by over 4.6 million (+174.3%) since 2015. These results are based on in-depth Roy Morgan Single Source interviews with more than 50,000 Australians.

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ROY MORGAN LIMITED, FACEBOOK INCORPORATED, YOUTUBE INCORPORATED, INSTAGRAM LLC, PINTEREST

Scott Morrison wins surprise Federal Election

Original article by Gary Morgan, Michele Levine, Julian McCrann
Market Research Update – Page: Online : 20-May-19

Saturday’s Federal Election results shows the L-NP Government will likely be returned with a small majority. Analysis of the polls show all polls significantly underestimated the L-NP primary vote. The Roy Morgan Poll a week before the Federal Election had L-NP support at 38.5% – 2.9% lower than their actual vote of 41.4%. Roy Morgan throughout the election campaign period showed from survey data that: The Federal Election would be close – even a ‘Hung Parliament’ was possible. There will be many views and reasons posed for why Saturday’s election result was a victory for the Morrison led L-NP. The question still to be answered is whether: All polls were wrong in underestimating the L-NP (38.5% vs. 41.4%) vote during the whole election campaign (the Trump Factor), or did electors change their minds in the last week – after the death of former ALP Prime Minister Bob Hawke (much loved) and Shorten who on the last day raised the ‘ghost’ of Gough Whitlam ignoring electors concerns of bad economic news resulting in a fall in the $AUD and the escalation of the US/China ‘trade war’. Morrison never changed his message that a Coalition Government would ‘Cut taxes’ while Labor would ‘Increase tax’ on Incomes, Capital gains and ‘Super’, eliminate Franking credits and cut Negative gearing. The revenue raised would then be used to increase wages and massive Government spending on Health, Education and other areas including ‘Climate Change’. Morrison refused to be drawn into the debate on ‘Climate Change’ like Fraser in 1975 refused to be drawn into the debate on the ‘Dismissal’ – both issues having no relevance to ‘day-to-day’ living costs which easily concerned the electorate the most – as it did in 1975. While preferences from One Nation (vote 3%) and Palmer’s United Australian Party (vote 3.4%) enabled the Coalition to win sufficient seats to retain Government the ALP vote was at a low 33.9% – down 1.1% on the last Federal Election. View full release here.

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

State MPs poison to Labor’s campaign

Original article by Michael McKenna, Charlie Peel
The Australian – Page: 6 : 17-May-19

State Labor MPs in regional Queensland say they have been abused while issuing Labor’s how-to-vote cards during the federal election campaign, due to the State Government’s handling of the Adani mine issue. Indeed, federal Labor MP Cathy O’Toole is said to have told local state Labor MPs not to hand out how-to-vote cards in her ultra-marginal seat of Herbert because of local anger over delays to the mine. However, local state Labor MP Scott Stewart has denied that O’Toole asked him not to hand out how-to-vote cards.

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AUSTRALIAN LABOR PARTY, ADANI MINING PTY LTD

Jobs up, jobless up, pose RBA dilemma

Original article by Matthew Cranston, Sarah Turner
The Australian Financial Review – Page: 3 : 17-May-19

Official figures show that the Australian economy added a higher-than-expected 28,400 jobs in April, with a net gain of 34,700 part-time jobs offsetting the loss of 6,300 full-time positions. The unemployment rate increased to 5.2 per cent, while the labour force participation rate rose from 65.7 per cent to a record 65.8 per cent. Meanwhile, the underemployment rate rose to 8.3 per cent and the underutilisation rate rose to 13.7 per cent. Shane Oliver of AMP Capital expects the Reserve Bank to reduce official interest rates in June.

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AMP CAPITAL INVESTORS LIMITED, RESERVE BANK OF AUSTRALIA, AUSTRALIAN BUREAU OF STATISTICS, JP MORGAN AUSTRALIA LIMITED, LENDLEASE GROUP – ASX LLC

Seat-by-seat battles point to narrow win

Original article by Andrew Tillett, Tom McIlroy
The Australian Financial Review – Page: 1 & 6 : 17-May-19

Labor must gain four seats to secure the 76 seats in the lower house that it needs to form a majority government, while the Coalition must gain three seats at the federal election. Strategists from both sides of politics expect Labor to win the election with a majority of 3-4 seats, although a senior Labor strategist notes that nearly 20 seats could be won by either party. The seats of Reid and Corangamite are amongst those that are tipped to determine the outcome of the election.

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AUSTRALIAN LABOR PARTY, LIBERAL PARTY OF AUSTRALIA, NATIONAL PARTY OF AUSTRALIA

Shorten draws on spirit of ‘It’s time’

Original article by Andrew Tillett
The Australian Financial Review – Page: 4 : 17-May-19

Opposition Leader Bill Shorten echoed the words of former Labor prime minister Gough Whitlam in a speech at Bowman Hall in Blacktown on 16 May. The Sydney venue was the scene of Whitlam’s iconic ‘It’s time’ speech 47 years ago, and like Whitlam in 1972, Shorten described the 2019 election as a choice between the ‘habits and fears of the past’ and the ‘demands and opportunities of the future’. Shorten used his speech to reiterate Labor’s key polices, including action on climate change and reversing penalty rate cuts.

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AUSTRALIAN LABOR PARTY