Author: roymorgansocial

Little Creatures crafts a strategy for China

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Original article by Eli Greenblat
The Australian – Page: 17 & 21 : 12-Jun-18

Craft beer’s share of the broader beer market is much greater in some parts of the world than others, according to Matt Tapper. The MD of global markets for brewer Lion says craft beer’s market share is generally less than one per cent in Asian markets, compared with up to 15 per cent in North America. The low adoption of craft beer by Asian consumers is prompting Lion to target markets such as China and Singapore with its Little Creatures craft beer brand, which started life in Fremantle and is currently sold in 30 overseas markets.

CORPORATES
LION PTY LTD, LITTLE CREATURES BREWING PTY LTD, DXCEL

Over 600,000 pet owners have pet insurance

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Original article by Roy Morgan
Market Research Update – Page: Online : 12-Jun-18

A Roy Morgan Single Source survey shows that an estimated 609,000 Australians aged 14+ had pet insurance in the year to March 2018. However, only 7.1% of the 5.4 million Australians who own a dog have pet insurance, while only 3.8% of an estimated 3.4 million cat owners have pet insurance. Employed people account for 77.4% of those holding pet insurance, well above their population proportion (57.5%). Individuals with annual income of $50,000 or more account for 56.4% of those with pet insurance, but only represents 35.5% of the population. Life stage also has an impact on pet insurance, as shown by the fact that 46.7% with this insurance are paying off their house, well above the population average of 31.0%.

CORPORATES
ROY MORGAN LIMITED

Subs blowout could scuttle tax cuts

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Original article by Andrew Tillett
The Australian Financial Review – Page: 5 : 12-Jun-18

Centre Alliance senator Rex Patrick has sought to link his support for the Federal Government’s company tax cuts package to the construction of a new submarine fleet. Patrick has expressed concern about the cost of the 12 submarines and warned that he cannot support the tax package until the full cost of the new fleet is disclosed. The Senate budget estimates committee was recently told that it will cost about $A50bn to build the submarines, but Patrick estimates that they could cost taxpayers around $A200bn in total during their operational life.

CORPORATES
CENTRE ALLIANCE, AUSTRALIA. DEPT OF DEFENCE, AUSTRALIAN STRATEGIC POLICY INSTITUTE LIMITED, NAVAL GROUP

Labor tax plan would hit home prices

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Original article by Jacob Greber
The Australian Financial Review – Page: 3 : 12-Jun-18

RiskWise Property Research and Wargent Advisory have modelled the possible impact of Labor’s proposed changes to negative gearing on house prices. They found that the changes could lead to house price falls of up to 12 per cent in some parts of Australia, including Townsville and Mackay. House prices in Sydney and Melbourne could fall by nine per cent. With house prices already shaky, the property sector is urging Labor to scrap its plans. However, shadow treasurer Chris Bowen has rejected this suggestion.

CORPORATES
RISKWISE PROPERTY RESEARCH, WARDENT ADVISORY, AUSTRALIAN LABOR PARTY, RESERVE BANK OF AUSTRALIA

Trust key to grab media spend: PwC

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Original article by Max Mason
The Australian Financial Review – Page: 28 : 12-Jun-18

PricewaterhouseCoopers has forecast that consumer spending on media and internet access will rise from $A24.1bn in 2017 to $A28bn by 2022. Megan Brownlow of PwC says trust will be a major factor in how this expenditure is allocated. PwC’s Australian Entertainment & Media Outlook 2018 report concludes that traditional media companies should benefit from a series of scandals that have eroded consumers’ trust in digital media companies such as Facebook.

CORPORATES
PRICEWATERHOUSECOOPERS AUSTRALIA (INTERNATIONAL) PTY LTD, FACEBOOK INCORPORATED, CAMBRIDGE ANALYTICA LLC

Trump, Kim meeting to herald changed era

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Original article by Cameron Stewart
The Australian – Page: 1 & 8 : 12-Jun-18

Denuclearisation of the Korean peninsula will be a priority for the historic summit between US President Donald Trump and North Korean leader Kim Jong-un in Singapore. US Secretary of State Mike Pompeo has indicated that Trump will accept nothing less than complete denuclearisation. The US in turn is expected to offer North Korea a range of as yet unspecific economic and security concessions, although they will be conditional on North Korea scrapping its nuclear weapons program. The two leaders will initially meet alone before being joined by their advisers.

CORPORATES
UNITED STATES. EXECUTIVE OFFICE OF THE PRESIDENT, UNITED STATES. DEPT OF STATE

The Way Australians Pay is Changing

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Original article by Roy Morgan
Market Research Update – Page: Online : 12-Jun-18

A Roy Morgan Single Source survey shows that more than 14.5 million Australians aged 14+ (71.7%) used Digital Payment Solutions in the year to March 2018. Some 53% of Australians used BPay in the last 12 months, ahead of PayPal (41%). Meanwhile, 6% of Australians used a Buy-Now-Pay-Later payment solution, such as Afterpay, ZipPay or ZipMoney. In addition, 7.3% of Australians used a banks’ own mobile payment solution in the last 12 months, with CommBank Tap & Pay the most used (4.3%). Other contactless/cardless mobile payment solutions (such as Apple Pay, Android Pay, Google Wallet and Samsung Pay) were used by 6.1% of Australians.

CORPORATES
ROY MORGAN LIMITED

Who’s Shopping? Nearly 9.5 million Australians

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Original article by Roy Morgan
Market Research Update – Page: Online : 12-Jun-18

A Roy Morgan Single Source survey has found that 9.46 million Australians 14+ (46.8%) purchased something online in an average four-week period in the year to March 2018, This represents an increase of 590,000 in just 12 months, and an increase of 2.3 million since 2014. The survey also shows that 4.5 million people buy something from the Entertainment and Leisure category in any given four weeks, followed by Fashion (2.7 million), Food and Beverages (2.4 million) and Reading Material (2.2 million). Meanwhile, analysis using Roy Morgan’s Technology Adoption Segments reveals that 49.1% of online shoppers fall under the umbrella of either Technology Early Adopters or Professional Technology Mainstream, the two most digitally inclined segments of the population.

CORPORATES
ROY MORGAN LIMITED

Who’s making banking decisions for businesses – 675,000 Australians

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Original article by Roy Morgan
Market Research Update – Page: Online : 12-Jun-18

A Roy Morgan Single Source survey shows that 675,000 Australians aged 14+ are involved in making decisions that relate to business banking and other financial services in an average 12-month period. The survey, which was carried out in the year to March 2018, also shows that 68.7% of these decision makers are full-time workers, well above their population proportion of 37.9%, while 64.7% have a diploma or degree (compared with 45.2% of the population). Other over-represented segments among these decision makers are men (56.2%, compared with 49.2% of the population), millennials (38.7%; population 22.3%) and the A/B socio-economic quintile (37.9%; population 20.0%).

CORPORATES
ROY MORGAN LIMITED

Business must lead push for IR change: Hendy

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Original article by Phillip Coorey
The Australian Financial Review – Page: 3 : 8-Jun-18

The Federal Government’s failure to pursue workplace reforms has been criticised by Peter Hendy, the former chief economic adviser to Prime Minister Malcolm Turnbull. The ex-Liberal MP notes the Coalition’s lack of action since it commissioned the Productivity Commission to undertake a review of the industrial relations regime after it won office in 2013. Hendy adds that the business community should be more active in promoting industrial relations reform, after failing to do so in recent years.

CORPORATES
AUSTRALIA. PRODUCTIVITY COMMISSION, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, LIBERAL PARTY OF AUSTRALIA, AUSTRALIAN LABOR PARTY