Big airports flunk service: report

Original article by Larissa Nicholson
The Australian Financial Review – Page: 10 : 10-Apr-15

The quality of services offered at Australia’s major airports declined in 2014. The Australian Competition & Consumer Commission writes in the annual "Airport Monitoring Report" that Brisbane offered "good" service while the service provided by Melbourne, Perth and Sydney airports were "satisfactory". Car parking fees are a significant source of revenue for the airports. Sydney Airport earned more than $A88 million from parking fees in 2013-14

CORPORATES
MELBOURNE AIRPORT, BRISBANE AIRPORT, BRISBANE AIRPORT CORPORATION LIMITED, AUSTRALIA PACIFIC AIRPORTS (MELBOURNE) PTY LTD, SYDNEY AIRPORT – ASX SYD, WESTRALIA AIRPORTS CORPORATION PTY LTD, AUSTRALIA PACIFIC AIRPORTS CORPORATION LIMITED, AUSTRALIAN COMPETITION AND CONSUMER COMMISSION, BOARD OF AIRLINE REPRESENTATIVES OF AUSTRALIA INCORPORATED, QANTAS AIRWAYS LIMITED – ASX QAN, SINGAPORE AIRLINES LIMITED, VIRGIN AUSTRALIA HOLDINGS LIMITED – ASX VAH, EMIRATES AIRLINES

Escape to the country: regional destinations preferred for short breaks

Original article by Roy Morgan Research
Market Research Update – Page: Online : 7-Apr-15

A Roy Morgan Single Source survey has found that almost 50 per cent of Australians aged 14+ took at least one short domestic trip of one or two nights in the year to December 2014. Most of these quick-trippers stayed within their state of residence, with 37 per cent of Melburnians taking at least one short break to regional destinations within their own state, ahead of the 36 per cent of Brisbanites who headed for country Queensland destinations. Likewise, 38 per cent of people living in country New South Wales took at least one short trip to another rural destination in the state, while 36 per cent of country Queenslanders did the same in their state

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ROY MORGAN RESEARCH LIMITED

1 in 8 domestic travellers to Melbourne attends a live sporting match or race

Original article by Roy Morgan Research
Market Research Update – Page: Online : 1-Apr-15

A Roy Morgan Single Source survey has found that 4.5 per cent of Australians aged 14+ attended a sporting event on their most recent domestic holiday. The survey also shows that 12.8 per cent of domestic travellers to Melbourne attended at least one spectator sporting event in the two years to December 2014, ahead of Adelaide (8.5 per cent) and Darwin (6.7 per cent). Sports tourists are also 76 per cent more likely to go to nightclubs or bars and 42 per cent more likely to go shopping than the average holiday-maker

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ROY MORGAN RESEARCH LIMITED

Allegro buys The Ghan and Indian Pacific trains

Original article by Simon Evans
The Australian Financial Review – Page: 20 : 31-Mar-15

Allegro Funds has paid an undisclosed price for Great Southern Rail, which operates iconic Australian train services The Ghan and The Indian Pacific. The vendor was Serco, which has owned Great Southern Rail since 1999. International tourists account for around 25 per cent of passengers on the two trains, and Allegro MD Adrian Loader anticipates continued strong growth in demand for upmarket rail travel

CORPORATES
ALLEGRO FUNDS PTY LTD, GREAT SOUTHERN RAIL, SERCO GROUP PLC, LONDON STOCK EXCHANGE, CUSTOM COACHES

Destination Asia: Asian-born Aussies’ holiday preferences

Original article by Roy Morgan Research
Market Research Update – Page: Online : 30-Mar-15

A Roy Morgan Single Source survey has found that 47 per cent of Australians aged +14 who were born in Asia would like to go on a holiday in an Asian country in the next two years, compared with just 22 per cent of Australians overall. Japan (13 per cent), Singapore (12 per cent) and India (11 per cent) rate particularly highly as preferred holiday destinations among Asian-born Australians. The US/Canada (29 per cent) are the highest-rating non-Asian destinations that are preferred by Asian-born Australians

CORPORATES
ROY MORGAN RESEARCH LIMITED

State’s letter guaranteed $1.2b

Original article by Lucille Keen, Ben Potter
The Australian Financial Review – Page: 10 : 20-Mar-15

Victorian Treasurer Tim Pallas says the previous state government signed a letter that was prepared by the Lend Lease-led East West Connect consortium. The letter contains a guarantee to pay more than $A1.2 billion in compensation to the consortium if the project is cancelled. Pallas accused the previous government of being too close to business. The State Government is trying to avoid paying $A1.2 billion in compensation for cancelling the toll-road project

CORPORATES
VICTORIA. DEPT OF TREASURY AND FINANCE, EAST WEST CONNECT PTY LTD, VICTORIA. LINKING MELBOURNE AUTHORITY, LEND LEASE GROUP LIMITED – ASX LLC, CLAYTON UTZ, ECOMOUV SAS

Couples on holiday: two much fun or double trouble?

Original article by Roy Morgan Research
Market Research Update – Page: Online : 18-Mar-15

A Roy Morgan Single Source survey has found that almost 13 million Australians aged 14+ took at least one holiday in the year to December 2014, while 32 per cent reported travelling with their partner. The survey also shows that people who take a holiday with their partner are more likely than the average Australian holiday-goer to visit historical sites, go to museums and art galleries, go bushwalking, play poker machines, dine out at restaurants and go to the theatre

CORPORATES
ROY MORGAN RESEARCH LIMITED

ACCC pushes for powers to intervene in ports rents row

Original article by Jenny Wiggins
The Australian Financial Review – Page: 15 : 16-Mar-15

Australian Competition & Consumer Commission (ACCC) chairman Rod Sims has proposed extending its powers to cover regulation of the nation’s ports. Sims has suggested that the ACCC could step in to resolve pricing disputes between port owners and stevedoring groups. Sims recently discussed the issue with DP World Australia CEO Paul Scurrah, who supports giving the ACCC a greater role in regulating ports but does not believe that full regulation is necessary

CORPORATES
AUSTRALIAN COMPETITION AND CONSUMER COMMISSION, DP WORLD AUSTRALIA PTY LTD, PORT OF MELBOURNE, INTERNATIONAL CONTAINER TERMINAL SERVICES INCORPORATED, AUSTRALIAN LOGISTICS COUNCIL, VICTORIA. ESSENTIAL SERVICES COMMISSION

IFM snares US tollroad for $10b

Original article by Jenny Wiggins, Anthony Macdonald
The Australian Financial Review – Page: 13 & 20 : 13-Mar-15

IFM Investors CEO Brett Himbury has described the Indiana Toll Road in the US as a "fantastic investment" for the group. He is upbeat about the outlook for the US economy, and notes that the 253km toll road’s revenue is likely to remain strong regardless of the strength of the economic recovery. IFM has paid $US7.5bn ($A10bn) for a 66-year lease to operate the toll road, which was placed into bankruptcy in 2014

CORPORATES
IFM INVESTORS PTY LTD, INDIANA TOLL ROAD CONCESSION COMPANY, MACQUARIE GROUP LIMITED – ASX MQG, CINTRA CONCESIONES DE INFRAESTRUCTURAS DE TRANSPORTE SA, GRUPO FERROVIAL SA, TRANSURBAN GROUP LIMITED – ASX TCL, CANADA PENSION PLAN INVESTMENT BOARD, ONTARIO TEACHERS’ PENSION PLAN, ABERTIS INFRAESTRUCTURAS SA, BOREALIS INFRASTRUCTURE MANAGEMENT INCORPORATED, QUEENSLAND MOTORWAYS LIMITED

Commuter says yes: Australia’s CBD workers spot ads on motorways, public transport and office screens

Original article by Roy Morgan Research
Market Research Update – Page: Online : 10-Mar-15

A Roy Morgan Single Source survey, which was carried out in the year to September 2014, has found that around 70 per cent of Australians aged 14+ who work in the Sydney, Melbourne or Brisbane CBD have noticed public transport advertising in the last seven days. This includes ads inside or on the side of buses, trains, ferries and trams, at train stations, on platforms and in shelters. Meanwhile, around 65 per cent of CBD workers in Adelaide and 60 per cent in Perth reported seeing public transport ads in the past week

CORPORATES
ROY MORGAN RESEARCH LIMITED