Author: roymorgansocial

Pirates undermine Optus-SBS World Cup rights

roymorgansocial Leave a comment

Original article by Max Mason
The Australian Financial Review – Page: 29 : 14-May-18

SBS and Optus are the official Australian broadcasters of the 2018 soccer World Cup in Russia. SBS is said to have paid $A40m for the local rights to the 2018 and 2022 World Cups, before securing a sub-licensing deal with the telco. However, there is concern that many consumers will bypass the official broadcasters by using streaming devices that provide access to pirated broadcasts of the World Cup from overseas TV networks.

CORPORATES
SPECIAL BROADCASTING SERVICE (SBS), SINGTEL OPTUS PTY LTD, FEDERATION INTERNATIONALE DE FOOTBALL ASSOCIATION, WORLD CUP, BEIN SPORTS, AL JAZEERA, WORLD MEDIA INTERNATIONAL PTY LTD

Bank scandals to impact all business: BHP

roymorgansocial Leave a comment

Original article by Peter Ker
The Australian Financial Review – Page: 15 : 14-May-18

BHP CEO Andrew Mackenzie warns that the banking royal commission’s revelations about misconduct in the financial sector have implications for the broader business community. He says other companies will have to be more transparent and accountable, particularly with regard to remuneration. A survey has found that BHP’s reputation has risen strongly in the wake of a marketing campaign and rebranding in 2017. BHP and Rio Tinto have had their own scandals in recent years, including corruption investigations and tax disputes.

CORPORATES
BHP BILLITON LIMITED – ASX BHP, AUSTRALIA. ROYAL COMMISSION INTO MISCONDUCT IN THE BANKING, SUPERANNUATION AND FINANCIAL SERVICES INDUSTRY, RIO TINTO LIMITED – ASX RIO, SAMARCO MINERACAO SA, COMMONWEALTH BANK OF AUSTRALIA – ASX CBA, UNITED STATES. EXECUTIVE OFFICE OF THE PRESIDENT

Bring on TPP-11 or lose $15bn a year, says Minerals Council

roymorgansocial Leave a comment

Original article by Adam Creighton
The Australian – Page: 17 & 20 : 14-May-18

The Minerals Council of Australia has released the results of modelling which suggests that the Trans-Pacific Partnership will boost Australia’s GDP by about 0.54 per cent a year, which equates to $A15bn. CEO David Byers says the 11-nation trade deal will bolster jobs, wages, economic growth and consumer choice in Australia. Byers has downplayed the ACTU’s concerns that the TPP will prompt a surge in temporary skilled migrant numbers, and called on federal parliament to endorse it.

CORPORATES
MINERALS COUNCIL OF AUSTRALIA, TRANS-PACIFIC PARTNERSHIP, ACTU, UNITED STATES. EXECUTIVE OFFICE OF THE PRESIDENT, AUSTRALIA. DEPT OF FOREIGN AFFAIRS AND TRADE, BRANDEIS UNIVERSITY, JOHN HOPKINS UNIVERSITY, NATIONAL FARMERS’ FEDERATION LIMITED, UNIVERSITY OF NEW SOUTH WALES

Split tax cut bill, senators warn PM

roymorgansocial Leave a comment

Original article by Joe Kelly
The Australian – Page: 4 : 14-May-18

One Nation leader Pauline Hanson says the Federal Government must legislate income tax cuts proposed for 2018-19 separately from future tax relief outlined in the May 2018 Budget. Hanson argues that there could be a recession before all three phases of the seven-year tax cuts package take effect. Centre Alliance also supports splitting the tax cuts bill. Both parties, which have five seats in the Senate, also oppose any move by Opposition Leader Bill Shorten to wind back company tax cuts that have already been legislated.

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

HBF exits policy ranking websites

roymorgansocial Leave a comment

Original article by Sarah-Jane Tasker
The Australian – Page: 3 : 14-May-18

HBF has estimated that comparison websites received more than $A150m in commissions from private health insurers in 2016-17. HBF CEO John Van Der Wielen believes that the cost of using comparison websites is contributing to a rise in health insurance premiums. The not-for-profit fund will cease marketing its products via comparison websites. The Australian Competition & Consumer Commission’s deputy chair Delia Rickard says many consumers may not be aware that health insurers pay commissions to attract new customers.

CORPORATES
HBF HEALTH LIMITED, AUSTRALIAN COMPETITION AND CONSUMER COMMISSION, BUPA AUSTRALIA PTY LTD, PRIVATE HEALTH INSURANCE INTERMEDIARIES ASSOCIATION INCORPORATED

Word of Mouth in 2018 – Australians still like to give and seek advice

roymorgansocial Leave a comment

Original article by Roy Morgan
Market Research Update – Page: Online : 14-May-18

A Roy Morgan Single Source survey shows that more than 91% of Australians aged 14+ have either sought advice from, or been the source of advice for their friends or family. The most discussed topic amongst Australians aged 14+ is "buying a car", with nearly two thirds (65%) of the population either playing the role of a trusted adviser (those whose advice has been sought by friends or family), an information seeker (those who go to friends/family for advice) or both. Eating out at restaurants is the second most discussed topic (62%) and planning a holiday or trip comes in third (59%). Less than half of the population seek or give advice on categories relating to mobile phones (47%), home entertainment or electronics (43%), signing up to an Internet provider (40%), finance and investments (39%), home renovations (39%), and health and nutrition (37%). In all categories, Australians tend to be more Info Seekers rather than Trusted Advisers.

CORPORATES
ROY MORGAN LIMITED

Young Women the Queens of social media in Australia

roymorgansocial Leave a comment

Original article by Roy Morgan
Market Research Update – Page: Online : 14-May-18

A Roy Morgan Single Source survey has found that the average Australian aged 14+ spends almost six hours per week on social media. However, women of all ages are spending more time on social media than their similarly aged male peers. The survey, which was carried out in the year to March 2018, shows that women in general spend an average of 391 minutes per week on social media, compared with an average of 287 minutes per week for men. Women aged 14-24 are the most prolific users of social media, at 822 minutes per week, which is an average of almost two hours per day.

CORPORATES
ROY MORGAN LIMITED, FACEBOOK INCORPORATED, TWITTER INCORPORATED, GOOGLE+, INSTAGRAM LLC, LINKEDIN CORPORATION, YOUTUBE INCORPORATED, WHATSAPP INCORPORATED, TUMBLR INCORPORATED

Rally propels ASX towards 10-year highs

roymorgansocial Leave a comment

Original article by Sarah Turner
The Australian Financial Review – Page: 20 : 14-May-18

Australia’s benchmark S&P/ASX 200 has gained about 6.2 per cent since the start of April, compared with a gain of about 3.3 per cent for the S&P 500. The local bourse is currently trading at around the 6,116-point level, and Shane Oliver of AMP Capital says it could reach 6,300 points by the end of 2018. Matthew Sherwood of Perpetual Investments is also upbeat about the outlook for local shares, noting that Australia is one of the few markets to have recorded an increase in earnings expectations.

CORPORATES
STANDARD AND POOR’S ASX 200 INDEX, STANDARD AND POOR’S 500 INDEX, AMP CAPITAL INVESTORS LIMITED, PERPETUAL INVESTMENTS, BLOOMBERG LP, DEUTSCHER AKTIEN INDEX, RESERVE BANK OF AUSTRALIA, UNITED STATES. FEDERAL RESERVE BOARD

Top 20 sports led by walking, swimming and gym training

roymorgansocial Leave a comment

Original article by Roy Morgan
Market Research Update – Page: Online : 14-May-18

A Roy Morgan Single Source survey shows that 47.9% of Australians aged +14 walked for exercise in the year to December 2017, an increase of 2.6 per cent since 2014. This is followed by gym/weight training (15.4%), jogging (10.1%), swimming (9.7%) and cycling (5.8%). Meanwhile, 47.7% of kids aged six to 13 regularly go swimming, ahead of playing soccer (45.7%), cycling (37.4%) and basketball (33.0%). The survey shows that Australian kids are far more likely to participate regularly in sporting activities than older Australians. Aussie kids are nearly five times as likely to swim regularly and over six times as likely to cycle. The starkest difference is for regular participation in soccer, which kids are over 15 times more likely to play than adults.

CORPORATES
ROY MORGAN LIMITED

WA Treasurer puts asset sales on hold

roymorgansocial Leave a comment

Original article by Brad Thompson
The Australian Financial Review – Page: 11 : 11-May-18

The Western Australian Government’s May 2018 Budget has forecast a deficit of $A1.3bn for 2017-18, while it expects to deliver a $A572m surplus in 2020-21. The Budget papers also show that the state’s net debt is forecast to be $A39.1bn in 2018-19 and $A40.85bn in 2019-20, with Premier Mark McGowan reiterating that the government will reduce debt gradually. Meanwhile, Budget measures are expected to result in the average household paying an extra $A292 in government fees and charges in 2018-19.

CORPORATES
WESTERN AUSTRALIA. DEPT OF THE PREMIER AND CABINET, WESTERN AUSTRALIA. DEPT OF TREASURY AND FINANCE, AUSTRALIAN LABOR PARTY, WESTERN POWER CORPORATION, LANDGATE, TOTALIZATOR AGENCY BOARD (WESTERN AUSTRALIA), INVESTEC AUSTRALIA LIMITED, AUSTRALIA. COMMONWEALTH GRANTS COMMISSION, AUSTRALIA. PRODUCTIVITY COMMISSION, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, AUSTRALIA. DEPT OF THE TREASURY, AUSTRALIA. DEPT OF FINANCE