Author: roymorgansocial

Employers fear payroll nightmare

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Original article by David Marin-Guzman
The Australian Financial Review – Page: 4 : 15-May-19

The Fair Work Commission is expected to make a ruling on the minimum wage before the end of May. However, employers’ groups have warned of the potential payroll complications if Labor wins the federal election and pushes ahead with plans to make a new wage submission immediately upon taking office. Any increase in the minimum wage will take effect from 1 July, and Australian Chamber of Commerce & Industry CEO James Pearson has expressed concern that employers will not have enough time to apply the new pay rates if Labor seeks to make a new submission to the FWC.

CORPORATES
AUSTRALIA. FAIR WORK COMMISSION, AUSTRALIAN LABOR PARTY, AUSTRALIAN CHAMBER OF COMMERCE AND INDUSTRY, ACTU

Wage theft: Labor takes on employers

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Original article by Phillip Coorey
The Australian Financial Review – Page: 1 & 4 : 15-May-19

Opposition Leader Bill Shorten will use a speech in Perth on 15 May to announce that Labor will establish a small claims tribunal for people with unpaid wages if it wins the federal election. The tribunal, which will hear claims of up to $100,000, will be able to make and enforce orders to pay wages and to mediate claims. The tribunal will operate alongside the existing Fair Work Commission. Shorten will also use the speech to criticise the Coalition’s preferences deal with Clive Palmer’s United Australia Party.

CORPORATES
AUSTRALIAN LABOR PARTY, AUSTRALIA. FAIR WORK COMMISSION, LIBERAL PARTY OF AUSTRALIA, NATIONAL PARTY OF AUSTRALIA, UNITED AUSTRALIA PARTY, ONE NATION PARTY, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET

The Greens are hoping for a big election. But who are they?

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Original article by Roy Morgan
Market Research Update – Page: Online : 15-May-19

Australians head to an important Federal Election this week, with the latest Roy Morgan Polls showing the ALP 51% with a narrow lead over the L-NP 49% on a two-party preferred basis. Support for the Greens was at 11% in the Roy Morgan Poll conducted on May 4/5. The close results from the latest Roy Morgan Polls mean there is a very good chance Australia could once again elect a hung Parliament. The Greens achieved a record high vote of 13.1% in the Senate and 11.8% in the House of Representatives at the 2010 Federal Election. Has the composition of Greens support changed since 2010? Greens supporters are concentrated in the highest socio-economic quintiles with 31% of Greens supporters in the highest socio-economic AB quintile in 2018, unchanged from 2010, and 24% of Greens supporters in the C quintile, also unchanged. Although Greens supporter distribution by socio-economic quintile is largely unchanged from 2010 there are underlying changes in the composition of Greens support. Women now comprise 59% of Greens supporters, up from 54% in 2010, while men now comprise only 41% of Greens supporters, down from 46% at the start of the decade. Meanwhile, an increasing proportion of Greens supporters today are in the younger age groups.

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

News and Reality TV are the most popular TV genres

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Original article by Roy Morgan
Market Research Update – Page: Online : 15-May-19

The latest research from Roy Morgan confirms that News is the most watched TV genre in an average week, seen by 61% of Australians aged 14+. The second most watched TV genre in Australia is Reality TV, seen by 41% of Australians in an average week, while 34% watch Current Affairs shows. Coming in next and watched by 33% of Australians are Quiz/Game Shows, followed by TV Sport (32%). This research is based on interviews with over 50,000 Australians during 2018 as part of the Roy Morgan Single Source survey. Roy Morgan CEO Michele Levine says this spread of varied TV genres underlines the importance attached to understanding the different types of Australians that are attracted to these very different shows. To get the most ‘bang for the advertising buck’ it is vital to have a full understanding of who is watching what.

CORPORATES
ROY MORGAN LIMITED

Melbourne a dominant holiday destination for Australians

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Original article by Roy Morgan
Market Research Update – Page: Online : 15-May-19

The latest research from Roy Morgan shows that over 11.9 million Australians aged 14+ (58.3%) are planning on spending at least one night on their next trip in a domestic destination in Australia. Melbourne has consistently been the most popular domestic holiday location over the last decade, and over 1.5 million Australians currently intend to stay at least one night in Melbourne during their next trip. Sydney is a clear second place with nearly 900,000 Australians intending to stay in the NSW capital for at least one night on their next trip. Following in popularity is the NSW North Coast, with over 550,000 Australians intending to stay for at least one night on their next trip in this region. Analysis of Australia’s leading holiday destinations using Roy Morgan’s Helix Personas consumer segmentation and data integration tool shows that Melbourne and Sydney are the most popular holiday destinations regardless of which Helix Community is considered. However, beyond the two leaders the choices and preferences of the different Helix Communities diverge considerably.

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ROY MORGAN LIMITED

ANZ-Roy-Morgan Consumer Confidence drops after RBA leaves interest rates unchanged

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Original article by Roy Morgan
Market Research Update – Page: Online : 15-May-19

ANZ-Roy Morgan Australian Consumer Confidence fell 2.1% to 114.8 in the week ended 12 May, closing below its four-week moving average but remaining above the long-term average. Households’ views towards current financial conditions rose 2%, while views towards future financial conditions rose 1.4%. However, consumers’ views toward current economic conditions fell a massive 8.1%, continuing their recent volatile pattern, and future economic conditions fell 3.3%. The ‘time to buy a household item’ index fell 2.5%.

CORPORATES
ROY MORGAN LIMITED, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ

Google’s plea for defamation shield

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Original article by Nicola Berkovic
The Australian – Page: 4 : 14-May-19

Changes are needed to Australia’s defamation laws to ensure that there is more protection for public-interest journalism, according to the Centre for Media at the University of Technology, Sydney. It made its call in a submission to the current review into defamation laws, which is being led by New South Wales Attorney-General Mark Speakman. In its submission to the review, Google stated that there need to be more protection for search engines when they are being sued for defamation for enabling access to third-party content.

CORPORATES
UNIVERSITY OF TECHNOLOGY, SYDNEY, GOOGLE AUSTRALIA PTY LTD, AUSTRALIAN COMPETITION AND CONSUMER COMMISSION, FEDERAL COURT OF AUSTRALIA

PM’s test for independents

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Original article by Joe Kelly, Dennis Shanahan
The Australian – Page: 1 & 9 : 14-May-19

Prime Minister Scott Morrison says it is "reasonable and fair" to ask independent candidates who they would support if neither the Coalition or Labor secure a majority in the federal election. Former prime minister John Howard has noted there is no guarantee that an independent candidate who wins a seat will support the Liberal Party, while Labor leader Bill Shorten has claimed that Clive Palmer and Pauline Hanson would "call the shots" in a minority ­Coalition government.

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

ACTU leader to channel Hawke in Fair Work wage pitch

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Original article by David Marin-Guzman
The Australian Financial Review – Page: 2 : 14-May-19

Michele O’Neil will become the first ACTU president since Bob Hawke to personally present the union movement’s case for a rise in the minimum wage. O’Neill will appear before the Fair Work Commission’s wage review panel on 15 May; the ACTU is seeking a six per cent increase in the minimum wage, followed by a 5.5 per cent rise in 2020. Meanwhile, Labor has advised the FWC that it will withdraw its current submission to the wage review if it wins the federal election, and will make a new one that will call for a "real wage increase to award rates".

CORPORATES
ACTU, AUSTRALIA. FAIR WORK COMMISSION, AUSTRALIAN LABOR PARTY, AUSTRALIAN CHAMBER OF COMMERCE AND INDUSTRY

Banks’ total Hayne bill may top $10b

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Original article by James Eyers
The Australian Financial Review – Page: 15 & 18 : 14-May-19

The Commonwealth Bank of Australia has reported cash earnings of $1.7bn for the March quarter, which is 28 per cent lower than previously. CBA’s trading update shows that it made additional pre-tax provisions of $714m for customer remediation during the quarter. The bank’s remediation costs have now topped $2.17bn in total, and it has allocated 400 employees to compensation programs. Meanwhile, Brett Le Mesurier of Shaw & Partners says the major banks and AMP have now incurred combined remediation costs of about $9bn. He adds that this could ultimately rise to around $10bn.

CORPORATES
COMMONWEALTH BANK OF AUSTRALIA – ASX CBA, AMP LIMITED – ASX AMP, SHAW AND PARTNERS LIMITED, AUSTRALIA. ROYAL COMMISSION INTO MISCONDUCT IN THE BANKING, SUPERANNUATION AND FINANCIAL SERVICES INDUSTRY, WESTPAC BANKING CORPORATION – ASX WBC, NATIONAL AUSTRALIA BANK LIMITED – ASX NAB, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ, KPMG AUSTRALIA PTY LTD, CITIGROUP PTY LTD