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Big tech urged to promote quality journalism

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Original article by Matthew Denholm
The Australian – Page: Online : 11-Sep-18

Attendees at the "Navigating the News" conference in Hobart heard Facebook and Google being urged to revise their algorithms to give quality journalism better treatment. Nicholas Gray, the CEO of "The Australian" told the conference that commercial news outlets needed to attract subscriptions in order to remain viable, but that Facebook and Google’s algorithms did not favour the quality stories that the outlets generate. Nic Hopkins from Google Australia and New Zealand said it was not its job to "censor" the internet.

CORPORATES
FACEBOOK INCORPORATED, GOOGLE INCORPORATED, NEWS CORPORATION – ASX NWS, AUSTRALIAN BROADCASTING CORPORATION

Anti-Sky activists hide behind Twitter

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Original article by Darren Davidson
The Australian – Page: 24 : 10-Sep-18

There are claims that online activist group Sleeping Giants is using fake Twitter accounts to promote an advertising boycott against Sky News. Sleeping Giants asserts Sky is providing opinionated broadcasting on urban train networks, but Sky is only contracted to supply brief news, weather and sports updates. Sleeping Giant began its campaign against Sky after the broadcasting of an interview with far-right activist Blair Cottrell. Cottrell has a presence on Facebook and Twitter, but Sleeping Giants has not sought to target them.

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SLEEPING GIANTS, SKY NEWS, FACEBOOK INCORPORATED, TWITTER INCORPORATED, QANTAS AIRWAYS LIMITED – ASX QAN, VICTORIA. DEPT OF PREMIER AND CABINET

CBS gears for Ten All Access streaming service launch

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Original article by Nick Tabakoff
The Australian – Page: Online : 10-Sep-18

CBS will enter the Australian streaming market in December with the launch of Ten All Access. Its US equivalent CBS All Access costs $US5.99 with advertisements a month, and it is expected that Ten All Access will cost between $6 and $7 a month. Meanwhile, chief content officer Beverley McGarvey says Ten’s plans for 2019 include renewals for "The Bachelor" and "Survivor", while she has denied reports that CBS wanted some of Ten’s news personalities to have voice coaching.

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CBS CORPORATION, CBS ALL ACCESS, TEN NETWORK HOLDINGS LIMITED

Manhunt for intruder after major security break at ABC HQ

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Original article by Stephen Brook
The Australian – Page: Online : 10-Sep-18

Sydney police are investigating a security breach at the ABC’s Ultimo headquarters on 5 September. The intruder was able to enter the building by following an ABC employee through security gates at the rear. He assaulted a female staff member and then gained access to one of the ABC’s radio studios, causing it to have to cancel a live broadcasting and switch to pre-recorded programming. The ABC closed the foyer at its Ultimo building to public access in June 2017, following a risk assessment by the Australian Federal Police and advice from a private security firm.

CORPORATES
AUSTRALIAN BROADCASTING CORPORATION, AUSTRALIAN FEDERAL POLICE

Costco tops for discount department store satisfaction

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Original article by Roy Morgan
Market Research Update – Page: Online : 7-Sep-18

New research from Roy Morgan shows Costco as Australia’s leading discount department store with a customer satisfaction of 88.6% in July, just ahead of rivals Target on 88.5% and Kmart on 88.4%. The impressive ratings for the industry underlie that 87.5% of customers of discount department stores are satisfied, an increase of 1.1% points over the year. All five leading discount department stores increased their customer satisfaction, with the biggest improvement over the past year coming from Best & Less, which rose 1.8% year on year for a customer satisfaction rating of 86.4. These are the latest results from Roy Morgan’s Discount Department Store Satisfaction Report which is based on in-depth personal interviews conducted face-to-face with over 50,000 Australians per annum in their own homes.

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ROY MORGAN LIMITED, COSTCO WHOLESALE AUSTRALIA PTY LTD, TARGET AUSTRALIA PTY LTD, KMART AUSTRALIA LIMITED, BEST AND LESS PTY LTD, BIG W DISCOUNT STORES, COUNTRY ROAD LIMITED, HARRIS SCARFE HOLDINGS LIMITED

Cosgrove to retire, G-G the PM’s pick

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Original article by Sam Buckingham-Jones
The Australian – Page: 1 & 9 : 5-Sep-18

Sir Peter Cosgrove has indicated he intends to retire as Governor-General when his five-year term ends in March. With the next federal election due before May, Bill Shorten recently asked Prime Minister Scott Morrison to extend Sir Peter’s term in office for six months or until after the election, stating this would allow an incoming prime minister to appoint a successor. However, Sir Peter’s comments indicate it will be the current government that makes that decision.

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AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, LIBERAL PARTY OF AUSTRALIA, QANTAS AIRWAYS LIMITED – ASX QAN, AUSTRALIAN CATHOLIC UNIVERSITY, AUSTRALIAN RUGBY FOOTBALL UNION

Shorten: extend Hayne probe

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Original article by Tom McIlroy
The Australian Financial Review – Page: 9 : 5-Sep-18

Labor leader Bill Shorten has called on Prime Minister Scott Morrison to extend the banking royal commission’s current reporting deadline. The commission, which is headed by former High Court Judge Kenneth Hayne, is due to present an interim report in October, and to present its final report by 1 February 2019. Shorten, who was speaking on 4 September, says the victims of banking misconduct must be given more opportunity to have their grievances heard, and that as well as giving the commission more time, it should also travel to regional centres.

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AUSTRALIAN LABOR PARTY, AUSTRALIA. ROYAL COMMISSION INTO MISCONDUCT IN THE BANKING, SUPERANNUATION AND FINANCIAL SERVICES INDUSTRY, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, AUSTRALIA. DEPT OF THE TREASURY

US Open 2018: Aussie John Millman stuns Roger Federer in four sets

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Original article by Courtney Walsh
The Australian – Page: Online : 5-Sep-18

John Millman will play Novak Djokovic in the quarter-finals of the US Open after the Australian tennis player’s stunning defeat of Roger Federer. Millman beat the Swiss legend in four sets, winning 3-6 7-5 7-6 (7) 7-6 (3). It was the first time that an Australian has defeated Federer, who had served for the second set with a 5-4 lead, in a grand slam event since 2009. Millman, who had not previously defeated a top 10 player on the ATP, becomes the first Australian to reach a grand slam quarter-final since Nick Kyrgios in Melbourne in 2015.

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PM’s $3.6b corporate tax cuts

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Original article by Phillip Coorey
The Australian Financial Review – Page: 1 & 6 : 5-Sep-18

The federal government recently announced its intention to bring forward previously legislated tax cuts for small and medium businesses with turnover of $50 million or less. The government’s preferred option for companies in this category is for their tax rate to drop to 25 per cent by 2021-22. Internal Treasury papers indicate that this option would cost the budget $3.6 billion over the four-year, forward estimates period. It would allow the government to achieve its self-imposed plan that tax revenue not exceed 23.9 per cent of GDP by 2020-21, a year earlier than intended.

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AUSTRALIA. DEPT OF THE TREASURY, AUSTRALIAN LABOR PARTY

LNG import terminal remains a live option

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Original article by Angela Macdonald-Smith
The Australian Financial Review – Page: 17 : 5-Sep-18

Australian Industrial Energy CEO James Baulderstone says it still plans to make a final decision on its proposed LNG import terminal at Port Kembla by the end of 2018. Baulderstone believes LNG imports will still be competitive under federal Labor’s proposed gas measures. AIE’s LNG import project is expected to cost around $500 million. AGL, which is planning a similar project at Crib Point in Victoria, is not yet in a position to state how Labor’s proposals could impact on its project.

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AUSTRALIAN INDUSTRIAL ENERGY, AGL ENERGY LIMITED – ASX AGL, AUSTRALIAN LABOR PARTY, MACQUARIE EQUITIES LIMITED, HAYBERRY INVESTMENTS PTY LTD