Author: roymorgansocial

RBA’s Lowe urged to raise rates

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Original article by Jacob Greber
The Australian Financial Review – Page: 1 & 6 : 25-Jun-18

The general consensus of market economists is that the Reserve Bank of Australia should leave official rates on hold at 1.5 per cent for the rest of 2018 and most of 2019. However, former RBA board member Warwick McKibbin says the central bank should increase the cash rate by at least 25 basis points, as interest rates are beginning to rise globally. He also argues that the RBA should gradually shift its focus from an inflation target of 2-3 per cent toward a nominal income target.

CORPORATES
RESERVE BANK OF AUSTRALIA, BANK OF ENGLAND, UNITED STATES. FEDERAL RESERVE BOARD, FEDERAL RESERVE BANK OF NEW YORK, EUROPEAN CENTRAL BANK, AUSTRALIAN NATIONAL UNIVERSITY, THE BROOKINGS INSTITUTION

Hanson in crosshairs on tax cuts

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Original article by Greg Brown, Simon Benson
The Australian – Page: 1 & 4 : 25-Jun-18

One Nation leader Pauline Hanson has advised that she will not support the Federal Government’s company tax cuts package, citing its unwillingness to target multinationals. Hanson’s stance on company tax cuts has been criticised by Australian Conservatives founder Cory Bernardi and the Liberal Democrats’ David Leyonhjelm. The government requires an additional four votes in the upper house to pass its company tax cuts, and Prime Minister Malcolm Turnbull has ruled out excluding banks from the bill in order to gain the support of crossbenchers.

CORPORATES
ONE NATION PARTY, AUSTRALIAN CONSERVATIVES, LIBERAL DEMOCRATIC PARTY, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, AUSTRALIA. DEPT OF FINANCE, AUSTRALIAN LABOR PARTY, CENTRE ALLIANCE, KATTER’S AUSTRALIAN PARTY

Bank customer satisfaction declines during the Finance Royal Commission

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Original article by Roy Morgan
Market Research Update – Page: Online : 25-Jun-18

New research from Roy Morgan shows that bank customer satisfaction has dropped from 82.3% in January 2018, prior to the Finance Royal Commission, to 78.5% in May. This is the lowest monthly satisfaction level since May 2012, but it remains ahead of the long-term average of 74.0% calculated since 2001. The survey also shows that the level of dissatisfaction with banks has increased from 4.6% in January to 6.2%, and is now at the highest level since April 2012. These are the latest findings from the Roy Morgan Single Source survey, which includes over 4,000 interviews per month with bank customers.

CORPORATES
ROY MORGAN LIMITED

Satisfaction with car manufacturers improves

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Original article by Roy Morgan
Market Research Update – Page: Online : 25-Jun-18

New research from Roy Morgan shows that in the 12 months to April 2018, the overall satisfaction with car manufacturers was 92.6%, up from 92.4% for the same period in 2017. These are the latest findings from the Roy Morgan Single Source survey of over 50,000 consumers, including in-depth personal interviews with over 40,000 car drivers. Skoda currently has the highest level of customer satisfaction with 97.5%, followed by Isuzu UTE (96.4%), Suzuki (95.3%), Mazda (95.2%) and Subaru (95.1%). Over the last year, nine of the top performers increased their satisfaction rating. The biggest improver was Skoda (up 5.0% points), followed by Isuzu UTE (up 2.4% points), Land Rover (up 2.0% points), and Suzuki (up 1.9% points).

CORPORATES
ROY MORGAN LIMITED, SKODA PTY LTD, ISUZU UTE AUSTRALIA PTY LTD, SUZUKI AUSTRALIA PTY LTD, MAZDA AUSTRALIA PTY LTD, SUBARU (AUST) PTY LTD, LAND ROVER AUSTRALIA

Who’s making travel and accommodation decisions for business: 810,000 Australians

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Original article by Roy Morgan
Market Research Update – Page: Online : 25-Jun-18

A Roy Morgan Single Source survey shows that 810,000 Australians aged 14+ are involved in making decisions that relate to business travel and accommodation in an average 12-month period. The survey, which was carried out via face-to-face interviews in the year to March 2018, also shows that 75.2% of business travel or accommodation decision makers were full time workers, well above their population proportion of 37.9%, while 69.9% had a diploma or degree (population 45.2%). Other over-represented segments among these decision makers were men with 57.9% (population 49.2%), and the A/B socio-economic quintile 50.2% (population 20.0%).

CORPORATES
ROY MORGAN LIMITED

It’s Official: More than half the dollars spent on packaged alcohol go through the Woolworths Group

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Original article by Roy Morgan
Market Research Update – Page: Online : 25-Jun-18

A Roy Morgan Single Source survey shows that supermarket sales account for nearly 75% of the $15.5bn alcohol market in Australia. Woolworths Group holds 50.1% of the total amount spent on packaged alcoholic beverages in an average week, with its market share rising by 1.5% in the 12 months to March 2018. Dan Murphy’s had the biggest increase in share of market for Woolworths Group, up 1.2%. Coles Group saw a small decline in share of market for alcohol retail, with small gains for Liquorland and Vintage Cellars and a drop of 1.2% in share of market at First Choice. These are the latest figures from the Roy Morgan Alcohol Retail Currency Report, which is based on in-depth personal interviews with 3,650 Australians aged 18+ who have recently bought packaged alcohol.

CORPORATES
ROY MORGAN LIMITED, WOOLWORTHS GROUP LIMITED – ASX WOW, DAN MURPHY’S, COLES GROUP LIMITED, LIQUORLAND (AUSTRALIA) PTY LTD, VINTAGE CELLARS (AUSTRALIA) PTY LTD, FIRST CHOICE LIQUOR SUPERSTORE

Young Women have Australia’s highest Inflation Expectations

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Original article by Roy Morgan
Market Research Update – Page: Online : 25-Jun-18

Australians aged +14 expect inflation of 4.3% per year over the next two years, according to the Roy Morgan Inflation Expectations Index for May 2018. This is down 0.2% from a month ago, but unchanged on May 2017. Following this month’s fall Inflation Expectations remain well below the eight-year average of 5.0%. Analysing Inflation Expectations by gender and age shows that women have higher Inflation Expectations than similarly aged men. Women aged 14-34 continue to have Australia’s highest Inflation Expectations, while middle-aged men aged 50-64 have the lowest Inflation Expectations of any gender and age. May Inflation Expectations are based on a nationwide face-to-face survey of 4,112 Australians.

CORPORATES
ROY MORGAN LIMITED

FIFA World Cup a favourite for Generation X & Millennial men

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Original article by Roy Morgan
Market Research Update – Page: Online : 25-Jun-18

A Roy Morgan Single Source has found that 3.8 million Australians (19.1%) watch soccer on TV, and the FIFA World Cup is watched by over 3 million Australians (14.9%). The survey, which was carried out in the 12 months to March 2018, also shows that over 2.1 million men watch the FIFA World Cup, compared to just under 900,000 women. These enthusiasm levels are replicated when analysing the TV viewing habits of different generations. Some 26.6% of men in Generation X and 25.1% of Millennial men watch the FIFA World Cup on TV, compared to 19.6% of men in Generation Z, 18.4% of Baby Boomer men and 14.2% of Pre Boomer men. Meanwhile, over 10% of Generation X women watch the FIFA World Cup on TV – a higher proportion than any other generation. However, in contrast to men, it is the youngest women of Generation Z that are the next most interested in watching the FIFA World Cup on TV; 8.6% of women in Generation Z watch the FIFA World Cup on TV compared to 7.9% of Millennial women and 7.4% of Baby Boomer women.

CORPORATES
ROY MORGAN LIMITED, FEDERATION INTERNATIONALE DE FOOTBALL ASSOCIATION, WORLD CUP

YouTube Music set to challenge fast growing Spotify and SoundCloud

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Original article by Roy Morgan
Market Research Update – Page: Online : 25-Jun-18

A Roy Morgan Single Source survey has found that more than five million Australians aged 14+ now visit radio or music sites in an average four weeks. The survey, which was carried out via face-to-face interviews in the year to March 2018, also shows that nearly 2.2 million Australians now visit Spotify in an average four weeks. This is followed by SoundCloud with over 1.3 million visitors in an average four weeks and Triple M with over 520,000 visitors to its site. Apple Music and Google Play Music both have just under 400,000 visitors in an average four weeks. Meanwhile, 95.8% of visitors to Spotify and 94% of visitors to Apple Music also visit YouTube. More than 15.2 million Australians now access YouTube in an average four weeks, and its entry into the streaming music industry via YouTube Music represents a major threat to established players in the sector.

CORPORATES
ROY MORGAN LIMITED, SPOTIFY LIMITED, SOUNDCLOUD, TRIPLE M CORPORATION PTY LTD, APPLE MUSIC, GOOGLE PLAY MUSIC, YOUTUBE INCORPORATED, YOUTUBE MUSIC

APN hopes for more from JCDecaux

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Original article by Bridget Carter
The Australian – Page: 29 : 22-Jun-18

APN Outdoor Group has advised shareholders to take no action at present regarding JCDecaux’s $A1.1bn takeover bid. Dion Hershan of Yarra Capital has described the cash offer of $A6.52 per share as "opportunistic". Shares in the out-of-home advertising group closed 12.14 per cent higher at $A6.56 on 21 June. Based on APN’s current valuation, the offer represents an 11.5 per cent premium to its closing share price on 20 June, and it is believed that a premium of 30 per cent will be required for APN directors to endorse the bid.

CORPORATES
APN OUTDOOR GROUP LIMITED – ASX APO, JC DECAUX SA, YARRA CAPITAL PARTNERS PTY LTD, APN OUTDOOR GROUP LIMITED – ASX APO, CADENCE ADVISORY, ADSHEL PTY LTD, HT&E LIMITED – ASX HT1