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Roy Morgan Customer Satisfaction Awards: Australia’s winning retailers announced

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Original article by Roy Morgan
Market Research Update – Page: Online : 4-Oct-23

The annual Roy Morgan Customer Satisfaction Awards were recently awarded, with there being 16 winners in the retail categories. The bulk of the awards went to a mix of repeat winners and brands returning to the winner’s circle after some time out of the spotlight. There were 11 repeat winners, including The Reject Shop, which won the Discount Variety Store of the Year for a record breaking eleventh year in a row, and Myer, which won the Department Store of the Year for an eighth straight year. The sole first-time winner was Zambrero, the Mexican themed restaurant headquartered in Canberra, which won the award for quick service restaurant of the year, while Aldi won the award for Supermarket of the Year.

CORPORATES

RETAIL TRADE – AUSTRALIA]

Halloween hits sweet spot with Aussies – $490 million boost predicted

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Original article by
Australian Retailers Association – Page: Online : 26-Sep-23

Research from the Australian Retailers Association in collaboration with Roy Morgan shows that more than 5.3 million Australians will celebrate Halloween in 2023, an increase of 300,000 year-on-year. Those celebrating Halloween plan to do so in a variety of ways, such as attending or hosting a Halloween-themed party, decorating their homes, getting dressed up and going out, or staying home and welcoming trick or treaters. Total spending on Halloween is forecast to reach $490m, up 14 per cent on 2022; average spending per person is forecast to rise 8.1% to $93. ARA CEO Paul Zahra says the increased spend this year in the face of cost-of-living pressures demonstrates the growing popularity of Halloween in Australia, particularly for adults.

CORPORATES
AUSTRALIAN RETAILERS ASSOCIATION, ROY MORGAN LIMITED

Content quotas won’t guarantee another Bluey, says Ten boss

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Original article by Calum Jaspan
The Sydney Morning Herald – Page: Online : 22-Sep-23

The Ten Network recently rebranded its 10Shake secondary channel as Nickelodeon, a children’s-focused channel owned by US parent company Paramount that was previously broadcast on Foxtel. Paramount Australia’s chief content officer and co-vice president Beverley McGarvey says bringing Nickelodeon to free-to-air TV will give Australian children access to a larger range of content aimed at young audiences. McGarvey adds that imposing children’s content quotas would not result in another global hit like Bluey, arguing that the animated show’s success is due to the fact that it is brilliant rather than a content quota system.

CORPORATES
TEN NETWORK HOLDINGS LIMITED, NICKELODEON, PARAMOUNT GLOBAL

Rinehart raid shows Liontown’s quality

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Original article by Brad Thompson
The Australian Financial Review – Page: 15 & 19 : 13-Sep-23

Gina Rinehart’s Hancock Prospecting has built up a 7.72 per cent strategic stake in lithium hopeful Liontown Resources. This includes the purchase of almost 60 million shares several days after Liontown’s board endorsed Albemarle’s sweetened takeover off on 4 September. Liontown chairman Tim Goyder says Hancock’s emergence on its share register demonstrates the quality of the Kathleen Valley lithium project in Western Australia. Meanwhile, Mineral Resources MD Chris Ellison has been appointed as the chairman of Delta Lithium; Mineral Resources has a 17.4 per cent stake in Delta.

CORPORATES
LIONTOWN RESOURCES LIMITED – ASX LTR, HANCOCK PROSPECTING PTY LTD, ALBERMARLE CORPORATION, MINERAL RESOURCES LIMITED – ASX MIN, DELTA LITHIUM LIMITED – ASX DLI

Lynas hit with cost blowout on rare earths plant

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Original article by Brad Thompson
The Australian Financial Review – Page: 16 : 30-Aug-23

Lynas Rare Earths has reported a 2022-23 net profit of $310.7m, compared with $540.8m for the previous financial year; revenue fell from $920m in 2021-22 to $739.3m. The company received an average price of $46.20 per kilogram for its rare earths oxides, compared with an average of $60.30 per kilogram in 2021-22. Meanwhile, Lynas has revealed that the cost of building its cracking and leaching plant at Kalgoorlie in Western Australia has risen to $730m. Its previous estimate was $575m, and the cost increase has been attributed to factors such as the need to meet a deadline of 1 January to cease downstream processing at its plant in Malaysia.

CORPORATES
LYNAS RARE EARTHS LIMITED – ASX LYC

Buttrose to quit ABC as contenders circle

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Original article by Sophie Elsworth, Nick Tabakoff
The Australian – Page: 3 : 23-Aug-23

Peter Tonagh is widely regarded as the leading internal contender to succeed Ita Buttrose as the ABC’s chair. Buttrose has advised that she will not seek a second five-year term as the public broadcaster’s chair when her current term expires in March 2024. Communications Minister Michelle Rowland says Buttrose was "the right chair for the right time". Tonagh is currently the ABC’s deputy chair, while other potential candidates are said to include former Foxtel CEO Kim Williams and lawyer Danny Gilbert. Meanwhile, former Q+A host Stan Grant has confirmed that he has left the ABC and intends to make a permanent departure from "daily journalism" after four decades in the media industry.

CORPORATES
AUSTRALIAN BROADCASTING CORPORATION, AUSTRALIA. DEPT OF INFRASTRUCTURE, TRANSPORT, REGIONAL DEVELOPMENT, COMMUNICATIONS AND THE ARTS, FOXTEL MANAGEMENT PTY LTD

$100m play looms for World Cup TV rights

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Original article by John Stensholt, Jessica Halloran
The Australian – Page: 5 : 16-Aug-23

Optus is believed to have paid up to $30m for the broadcasting rights to the 2023 FIFA Women’s World Cup. It has also on-sold the free-to-air rights to selected matches to Seven West Media for about $4m. FIFA has set a deadline of 19 September to submit bids for the local broadcasting rights to the next men’s and women’s World Cup tournaments; it is believed to be seeking up to $100m for the rights, following the ratings success of the 2023 Women’s World Cup. Optus, SBS and the three commercial free-to-air networks are expected to submit bids.

CORPORATES
FEDERATION INTERNATIONALE DE FOOTBALL ASSOCIATION, SINGTEL OPTUS PTY LTD, SEVEN WEST MEDIA LIMITED – ASX SWM, SEVEN NETWORK LIMITED, SPECIAL BROADCASTING SERVICE (SBS)

What ABC viewers complained about

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Original article by Calum Jaspan
The Age – Page: Online : 16-Aug-23

The ABC’s ombudsman Fiona Cameron has revealed that the public broadcaster received a total of 11,440 complaints during the first half of 2023. Some 13 per cent related to the ABC’s editorial standards; this compares with 15 per cent across the previous three calendar years, when the ABC received an average of 23,767 complaints in total each year. Meanwhile, the proportion of complaints that were upheld rose to eight per cent in the first half of 2023, compared with an average of five per cent across the previous three years.

CORPORATES
abc (aus tv) see AUSTRALIAN BROADCASTING CORPORATION

Seven kicks a goal with Matildas’ Cup victory

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Original article by Sophie Elsworth
The Australian – Page: 3 : 9-Aug-23

The FIFA Women’s Wold Cup continues to be a ratings boon for the Seven Network. Data from OzTAM shows that Seven’s broadcast of the Matildas’ win against Denmark on Monday night attracted 3.248 million viewers nationwide, plus an additional 385,000 via its 7plus streaming platform. The Matildas’ 2-0 win to advance to the quarter-finals has become the most-watched program in Australia so far in 2023; the recent must-win match against Canada boasted an average audience of 2.42 million viewers. Seven has the free-to-air rights to 15 World Cup matches, with Optus Sport holding the rights to all 64 matches in the tournament.

CORPORATES
SEVEN NETWORK LIMITED, SEVEN WEST MEDIA LIMITED – ASX SWM, 7PLUS, FEDERATION INTERNATIONALE DE FOOTBALL ASSOCIATION, MATILDAS, OPTUS SPORT

ABC defamation bill hits $1.9 million over four years

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Original article by Calum Jaspan
The Age – Page: Online : 9-Aug-23

The ABC has disclosed its legal costs arising from defamation actions in recent years. Documents filed with the federal government show that the ABC spent $1.94m on legal costs over the four years to 2022-23. This includes legal settlements totalling $753,450 in 2020-21 and 2021-22, and external costs of $1.2m for the two financial years. However, the figures exclude data for the 2019-20 and 2022-23 financial years, as the public broadcaster was only required to disclose its legal costs for years in which there were three or more settlements.

CORPORATES
AUSTRALIAN BROADCASTING CORPORATION