Author: roymorgansocial

Soaring LNG shipments yield $43.3b in exports

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Original article by Angela Macdonald-Smith
The Australian Financial Review – Page: 15 : 14-Jan-19

Australian exports of liquefied natural gas rose by 23 per cent to 69.5 million tonnes in 2018, according to Energy Quest, with revenue from LNG exports increasing by an estimated 68 per cent to around $43.3 billion. The rise in 2018 exports was aided by new projects starting up in north-western Australia, with further increases in exports expected in 2019. The Woodside Petroleum-managed North West Shelf venture retained its position as Australia’s top LNG exporter in 2018, shipping around 17.28 million tonnes.

CORPORATES
ENERGYQUEST PTY LTD, WOODSIDE PETROLEUM LIMITED – ASX WPL, CHEVRON AUSTRALIA PTY LTD, SHELL COMPANY OF AUSTRALIA LIMITED

Gascoyne taps bank to fend off takeovers

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Original article by Paul Garvey
The Australian – Page: 15 : 14-Jan-19

Potential takeover target Gascoyne Resources has appointed Macquarie as its adviser to help it defend any unwanted bids. Gascoyne’s main asset is the 1.3 million ounce Dalgaranga gold project in Western Australia, but Gascoyne has encountered issues with its processing plant and lower-than-expected grades from some pits, while the company has been the subject of management instability in recent times, with the resignation of both MD Mike Dunbar and chairman Ian Murray. Gascoyne advised on 24 December that it expected Dalgaranga to produce between 92,000 and 102,000 ounces of gold in calendar 2019.

CORPORATES
GASCOYNE RESOURCES LIMITED – ASX GCY, MACQUARIE GROUP LIMITED – ASX MQG, SILVER LAKE RESOURCES LIMITED – ASX SLR, DORAY MINERALS LIMITED – ASX DRM, RAMELIUS RESOURCES LIMITED – ASX RMS, EXPLAURUM LIMITED – ASX EXU, APHRODITE GOLD LIMITED, EXCELSIOR GOLD LIMITED, NORTHERN STAR RESOURCES LIMITED – ASX NST, TRIBUNE RESOURCES LIMITED – ASX TBR, RAND MINING LIMITED – ASX RND

Kia, ANZ, AGL and Uber Eats nab Nine’s Australian Open sponsorship packages

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Original article by Max Mason
The Australian Financial Review – Page: 15 : 14-Jan-19

The ANZ, AGL, Uber Eats and Kia have been signed by Nine as "cornerstone advertisers" for its inaugural coverage of the Australian Open tennis. Other companies that have signed sponsorship packages with Nine include Blackmores, Bunnings and Chemist Warehouse. Nine took over the rights to broadcast the Australian Open from Seven in March 2018, ending a four-decade long relationship with Cricket Australia. Nine’s chief sales officer Michael Stephenson says that working with Tennis Australia has been "fantastic", and that the Australian Open is the best summer marketing platform for brands.

CORPORATES
AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ, AGL ENERGY LIMITED – ASX AGL, UBER EATS, KIA MOTORS AUSTRALIA PTY LTD, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, BLACKMORES LIMITED – ASX BKL, BUNNINGS GROUP LIMITED, CHEMIST WAREHOUSE, SEVEN NETWORK LIMITED, TENNIS AUSTRALIA

36,000 home hangover for Melbourne market: SQM Research

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Original article by Nathan Mawby
news.com.au – Page: Online : 9-Jan-19

SQM Research has reported that there were over 36,000 homes still up for sale in Melbourne at the end of 2018. This represents an increase of 25 per cent when compared to the end of 2017, when around 29,000 homes were on the market. SQM Research head Louis Christopher says the increase in unsold homes shows that sellers are not prepared to accept "low-ball" offers for their homes. He says that quite a number of vendors have withdrawn their homes from the market altogether, and that these sellers would put their houses back on the market in 2019.

CORPORATES
SQM RESEARCH PTY LTD

Today eyes comeback with fresh co-hosting combo

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Original article by Lilly Vitorovich
The Australian – Page: Online : 14-Jan-19

Pete Bosilkovski, the joint CEO of advertising agency VMLY&R, has described as "brilliant" the decision by Nine to have two females co-hosting "Today". Bosilkovski says it will be the chemistry between Deborah Knight and Georgie Gardner that will determine how successful Nine’s decision is. The revamp of "Today" follows the axing of Karl Stefanovic as co-host in December after 14 years in the role, while it is the first time that two women have co-hosted an Australian TV breakfast show.

CORPORATES
NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, VMLY&R, NBC UNIVERSAL INCORPORATED

Australians expect 2019 will be better than 2018

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Original article by Roy Morgan
Market Research Update – Page: Online : 14-Jan-19

A special Roy Morgan survey taken in mid-December shows 44% of Australians think 2019 will be ‘better’ than 2018, 32% say 2019 will be ‘the same’, only 14% say 2019 will be ‘worse’ and 10% don’t know. Australians are far more positive about 2019 than they were a year ago when asked about 2018, when only 31% said 2018 would be ‘better’ than 2017, a record low. Roy Morgan CEO Michele Levine says Australians have entered 2019 in a more positive frame of mind than a year ago, with 44% expecting 2019 will be ‘better’ than 2018 an increase of 13% points from a year ago. Levine notes the first half of 2019 is set to be dominated by political issues, with the New South Wales State election scheduled for late March, and a federal election expected only a few weeks later in mid-May.

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ROY MORGAN LIMITED

Which industries can expect pay rise in 2019

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Original article by Lucas Baird
The Australian Financial Review – Page: 8 : 11-Jan-19

Information and communications technology is one of just three areas that 1st Executive director Andrew Thoseby says people wanting to change career paths to get a pay rise should switch to. He says the other two areas are insolvency accounting and sales. Executive headhunter Kylie Hammond is advising job applicants to seek out industries she describes as "recession-proof", including aged-care and health. Touchstone Executive Search MD Chris Kliengbeil does not expect much growth in fixed remuneration in the fast-moving consumer goods and retail sector in 2019.

CORPORATES
1ST EXECUTIVE PTY LTD, TOUCHSTONE EXECUTIVE SEARCH

Policy vacuum won’t stop green power: energy chief

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Original article by Angela Macdonald-Smith
The Australian Financial Review – Page: 13 & 16 : 11-Jan-19

Wind turbine supplier Vestas Australia enjoyed a record year for orders in 2018, with over one gigawatt of wind turbines ordered in total. Peter Cowling, the head of Vestas Australia, predicts that the renewable energy sector will "muddle through" the lack of federal policy on climate and energy, due to the desire by companies to purchase clean power and the "cost competiveness" of solar and wind energy. Cowling says state governments’ renewable energy programs are helping to make up for a lack of federal policy.

CORPORATES
VESTAS – AUSTRALIAN WIND TECHNOLOGY PTY LTD

Expense reports to be thing of past

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Original article by Yolanda Redrup
The Australian Financial Review – Page: 3 : 11-Jan-19

SAP Concur has processed $160.4 billion worth of employee expenses in the past 12 months, with the company boasting 44,000 customers in 150 countries. SAP Concur president Mike Ebarhard notes that employee expense reports could soon become a thing of the past as digital invoicing becomes more common. He says Australia is lagging behind other parts of the world when it comes to the adoption of digital invoicing.

CORPORATES
SAP CONCUR, WECHAT, SAP AG

Unions go to war over labour hire

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Original article by Ewin Hannan
The Australian – Page: 1 & 6 : 11-Jan-19

The Construction, Forestry, Maritime, Mining & Energy Union is seeking a 10 per cent pay rise for labour-hire workers at a New South Wales coal mine. The workers at Wongawilli Colliery, who are paid significantly less than workers at other mines in the region, will commence a seven-day strike. CAS Mine Services has warned that the proposed pay rise is not financially viable. The CFMMEU’s national president Tony Maher says the poor treatment of labour-hire workers will be a key issue at the upcoming federal election.

CORPORATES
CONSTRUCTION, FORESTRY, MARITIME, MINING AND ENERGY UNION OF AUSTRALIA, CAS MINE SERVICES PTY LTD, WOLLONGONG COAL LIMITED – ASX WLC, AUSTRALIA. DEPT OF JOBS AND SMALL BUSINESS, AUSTRALIAN LABOR PARTY