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Millar to serve ABC a country breakfast

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Original article by Lilly Vitorovich
The Australian – Page: 7 : 20-Jun-19

The ABC has advised that Lisa Millar will replace Virginia Trioli as the co-host of the public broadcaster’s ‘News Breakfast’ program in August. The ABC veteran has been a foreign correspondent for the last nine years, and notes that the city-country divide has become more pronounced during her absence from Australia. As a result, Millar wants to cover more stories about regional Australia in her new role.

CORPORATES
AUSTRALIAN BROADCASTING CORPORATION, NINE NETWORK AUSTRALIA LIMITED, SEVEN NETWORK LIMITED

Stop the copycats: Murdoch targets tech titans

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Original article by Stephen Drill
The Australian – Page: 17 : 20-Jun-19

News Corporation’s co-chairman Lachlan Murdoch has stressed the importance of investing in journalism for the global media group. He also warned that many news websites merely copy other publishers’ stories rather than producing their own content, and digital search platforms should recognise this and give prominence to companies that invest in journalism. Murdoch also said News Corp will be a growth business after selling the bulk of its entertainment assets to Disney.

CORPORATES
NEWS CORPORATION – ASX NWS, WALT DISNEY COMPANY, NEWS CORP AUSTRALIA PTY LTD, SKY NEWS, REA GROUP LIMITED – ASX REA, REALESTATE.COM.AU, GOOGLE INCORPORATED, FACEBOOK INCORPORATED, WPP PLC

Coles CEO’s $1bn refresh gambit

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Original article by Eli Greenblat
The Australian – Page: 17 & 20 : 19-Jun-19

Coles Group has outlined plans to reduce costs by $1bn over the next four years in a bid to arrest the 20 per cent downturn in earnings over the last two years. The proceeds from the cost-cutting program will be redirected to initiatives such as refurbishing stores and enhancing Coles’ online operations. Coles plans to open about 10 new stores in 2020, compared with 21 in 2019. It also intends to refurbish 75 stores in 2020, up from 50 in fiscal 2019. Coles shares closed 3.44 per cent higher at $13.21 on 18 June.

CORPORATES
COLES GROUP LIMITED – ASX COL, COLES SUPERMARKETS AUSTRALIA PTY LTD, WOOLWORTHS GROUP LIMITED – ASX WOW, ALDI STORES SUPERMARKETS PTY LTD, COSTCO WHOLESALE AUSTRALIA PTY LTD, KMART AUSTRALIA LIMITED, TARGET AUSTRALIA PTY LTD, WESFARMERS LIMITED – ASX WES, VERTIUM ASSET MANAGEMENT PTY LTD

Media chiefs want urgent action on press freedom

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Original article by Max Mason
The Australian Financial Review – Page: 2 : 18-Jun-19

Nine Entertainment Company CEO Hugh Marks, News Corp Australasia executive chairman Michael Miller and ABC MD David Anderson will jointly address the National Press Club on 26 June. They will discuss the fallout from the Australian Federal Police’s media raids, and press the case for legislative reforms to provide greater protection for journalists and whistleblowers. The federal government is under pressure to hold a parliamentary inquiry into press freedom, but the media industry believes that changes to national security laws should be the priority.

CORPORATES
NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, NEWS CORP AUSTRALIA PTY LTD, NEWS CORPORATION – ASX NWS, AUSTRALIAN BROADCASTING CORPORATION, AUSTRALIAN FEDERAL POLICE, AUSTRALIAN LABOR PARTY, ALLIANCE FOR JOURNALISTS’ FREEDOM

Pilbara Minerals cuts exports as lithium delays bite hard

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Original article by Brad Thompson
The Australian Financial Review – Page: 17 : 18-Jun-19

Pilbara Minerals has advised that production at its Pilgangoora lithium mine in Western Australia will be reduced until at least the end of July, due to delays in the commissioning of battery metals chemical conversion plants in China. Pilbara Minerals is seeking a partner to help finance the second and third stages of its expansion plan for the mine, which is slated to increase annual output to 1.2 million tonnes of spodumene concentrate. The company is also seeking to sell a stake of up to 49 per cent in the mine.

CORPORATES
PILBARA MINERALS LIMITED – ASX PLS, GENERAL LITHIUM CORPORATION, GANFENG LITHIUM COMPANY LIMITED, POSCO

Williams top shoe store ahead of The Athlete’s Foot

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Original article by Roy Morgan
Market Research Update – Page: Online : 17-Jun-19

A Roy Morgan Single Source survey shows that Williams has Australia’s most satisfied shoe store customers, with a customer satisfaction rating of 88% in April 2019, ahead of The Athlete’s Foot on 86% and Spend Less Shoes on 78%. Overall, some 1.4 million Australians shop at a shoe store in an average four-week period, and 82% are satisfied with their experience. Analysis by gender shows that about 880,000 women and 580,000 men shop at shoe stores in an average four weeks. Meanwhile, analysis by generation reveals that 470,000 Australians in Generation X shop at shoe stores in an average four weeks, nearly a third of all shoe store shoppers, and easily the largest market by generation for Australian shoe stores. Generation X also represents the largest share of customers for Williams, The Athlete’s Foot and Payless Shoes.

CORPORATES
ROY MORGAN LIMITED, WILLIAMS, THE ATHLETE’S FOOT AUSTRALIA PTY LTD, SPENDLESS SHOES PTY LTD

Ranger rated a potential catastrophic risk by Rio

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Original article by Nick Evans
The Australian – Page: 24 : 13-Jun-19

Rio Tinto has advised that 19 of its tailings facilities in Australia have a high hazard rating under a system established by the Australian National Committee on Large Dams. Two of the tailings dams at the Ranger uranium mine have a ‘high B’ rating, which signifies that there is a ‘catastrophic’ risk of damage to the environ­ment and people if they collapse. The Ranger mine is operated by Rio-controlled Energy Resources of Australia, and is slated to be closed in 2021. A dam at Rio Tinto’s Weipa bauxite mine has a ‘high A’ rating.

CORPORATES
RIO TINTO LIMITED – ASX RIO, ENERGY RESOURCES OF AUSTRALIA LIMITED – ASX ERA, BHP GROUP LIMITED – ASX BHP, GLENCORE PLC, ANGLO AMERICAN PLC, AUSTRALIAN NATIONAL COMMITTEE ON LARGE DAMS INCORPORATED, CHURCH OF ENGLAND

Media demands legal shake-up, not an inquiry

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Original article by Rosie Lewis, Lilly Vitorovich
The Australian – Page: 1 & 2 : 12-Jun-19

Prime Minister Scott Morrison held talks with the ABC’s MD David Anderson and chair Ita Buttrose on 11 June, in the wake of a controversial police raid on the public broadcaster’s Sydney offices. Morrison has signalled that the federal government is open to holding a parliamentary inquiry into press ­freedom. However, News Corp Australia executive Campbell Reid argues that an inquiry is not necessary; instead, he says that legislation governing freedom of the press should be reviewed by a working group comprising politicians, legal experts and media representatives.

CORPORATES
AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, AUSTRALIAN BROADCASTING CORPORATION, NEWS CORP AUSTRALIA PTY LTD, NEWS CORPORATION – ASX NWS, AUSTRALIAN LABOR PARTY, SEVEN WEST MEDIA LIMITED – ASX SWM, LAW COUNCIL OF AUSTRALIA, CENTRE ALLIANCE, AUSTRALIAN FEDERAL POLICE

Seven content deal ads to Facebook’s TV reputation

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Original article by Zoe Samios
The Australian – Page: 22 : 10-Jun-19

‘My Kitchen Rules’ and ‘Better Homes & Gardens’ are among the Seven Network’s shows that will be featured on Facebook Watch. Seven West Media has struck a deal to provide Facebook’s streaming service with digital content based on some of its most popular TV shows. Seven Studios CEO Therese Hegarty says new content will be published on Facebook Watch every day, including some exclusive content. She notes that some of the content will be ad-supported.

CORPORATES
SEVEN WEST MEDIA LIMITED – ASX SWM, SEVEN NETWORK LIMITED, SEVEN STUDIOS, FACEBOOK INCORPORATED, FACEBOOK WATCH, AUSTRALIAN COMPETITION AND CONSUMER COMMISSION

Coalition to move on press freedom

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Original article by Olivia Caisley, Richard Ferguson
The Australian – Page: 2 : 11-Jun-19

Finance Minister Mathias Cormann has advised that the federal government will shortly issue a public response to the Australian Federal Police’s recent media industry raids. One Nation leader Pauline Hanson has indicated that she would support a parliamentary inquiry into freedom of the press, although she adds that journalists tend to be biased and there should be some restrictions on press freedom. A spokesman for shadow home affairs minister Kristina Keneally says Labor is still considering whether to support an inquiry.

CORPORATES
AUSTRALIA. DEPT OF FINANCE, AUSTRALIAN FEDERAL POLICE, AUSTRALIAN BROADCASTING CORPORATION, NEWS CORP AUSTRALIA PTY LTD, ONE NATION PARTY, AUSTRALIAN LABOR PARTY, AUSTRALIAN GREENS, CENTRE ALLIANCE, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, AL JAZEERA, NATIONAL RIFLE ASSOCIATION