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Scott backs strong migrant intake

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Original article by Eli Greenblat
The Australian – Page: 21 : 1-Aug-18

Wesfarmers CEO Rob Scott contends that any decline in Australia’s migration numbers would not be good for economic growth, and would result in less jobs and lower wages. Scott, who was addressing the American Chamber of Commerce in Perth on 31 July, concedes that there is a degree of community backlash against high immigration levels, but suggests part of this is the result of governments failing to invest in new infrastructure. Scott says companies need to "build trust" around how they function.

CORPORATES
WESFARMERS LIMITED – ASX WES

Nine-Fairfax news quality is key: ACCC

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Original article by John McDuling
The Age – Page: 9 : 31-Jul-18

Australian Competition & Consumer Commission chairman Rod Sims says the ACCC will be closely examining the proposed $4 billion merger between Nine Entertainment and Fairfax Media. Although media diversity comes under the auspice of the Australian Communications & Media Authority, Sims says the ACCC could take action against the deal if it felt it could lead to a reduction in the quality of news being provided post-merger. He said the ACCC would allow itself 12 weeks to study the merger once it gets submissions from the "merger parties".

CORPORATES
AUSTRALIAN COMPETITION AND CONSUMER COMMISSION NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC FAIRFAX MEDIA LIMITED – ASX FXJ AUSTRALIAN COMMUNICATIONS AND MEDIA AUTHORITY DOMAIN HOLDINGS AUSTRALIA LIMITED – ASX DHA STAN ENTERTAINMENT PTY LTD 3AW SOUTHERN CROSS RADIO PTY LTD 2GB 6PR SOUTHERN CROSS RADIO PTY LTD

Biggest shoe retailer gets same-day jump on Amazon

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Original article by Patrick Hatch
The Age – Page: 20 : 30-Jul-18

Footwear chain Accent Group launched same-day delivery from some of its Platypus shoe stores in the week ending 27 July. It aims to expand same-day delivery across its 350-store network over the next two months, with its other brands including Athlete’s Foot and Hype DC. Accent’s chief digital officer Mark Teperson said its new service had proven to be quite popular in its first week of operation, and he hopes it will help Accent to ward off competition from Amazon. Amazon offers same-day delivery in some parts of the US, but not yet in Australia.

CORPORATES
ACCENT GROUP LIMITED – ASX AX1 PLATYPUS SHOES PTY LTD THE ATHLETE’S FOOT AUSTRALIA PTY LTD HYPE DC PTY LTD AMAZON.COM INCORPORATED SKECHERS INCORPORATED VANS INCORPORATED BB RETAIL CAPITAL PTY LTD

Ad honchos caution Nine over merger

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Original article by Jennifer Duke John McDuling
The Age – Page: 6 : 30-Jul-18

Dentsu Aegis CEO Simon Ryan says the proposed merger between Nine Entertainment and Fairfax Media will be good for shareholders of both firms, as well as generating "value creation" for clients. Omnicom Media Group’s Australia and New Zealand CEO Peter Horgan said there would be some benefits to media buyers that would result from the merger, while he warned there should not be any thought of combining Nine and Fairfax newsrooms. He says newspaper journalists are very different to television journalists.

CORPORATES
DENTSU AEGIS MEDIA AUSTRALIA PTY LTD NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC FAIRFAX MEDIA LIMITED – ASX FXJ OMNICOM MEDIA GROUP AUSTRALIA PTY LTD IPG MEDIABRANDS

PM shoots down ABC over Iran attack report

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Original article by Darren Davidson Stephen Brook
The Australian – Page: Online : 30-Jul-18

Prime Minister Malcolm Turnbull may file a formal complaint against the ABC over a story regarding the US and Iran. The online story suggested "unnamed senior figures" in the Australian government had indicated the US could launch a strike on Iran as soon as August. Turnbull noted that neither he, the Foreign Minister, the Defence Minister, or the head of the Australian Defence Force had been contacted prior to the story being published. US Defence Secretary James Mattis has described the ABC story as "fiction".

CORPORATES
AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET AUSTRALIAN BROADCASTING CORPORATION AUSTRALIA. DEPT OF DEFENCE AUSTRALIA. DEPT OF FOREIGN AFFAIRS AND TRADE UNITED STATES. DEPT OF DEFENSE AUSTRALIA. DEPT OF COMMUNICATIONS AND THE ARTS

Keating out of touch and a tad vindictive

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Original article by Mark Day
The Australian – Page: 24 : 30-Jul-18

Former prime minister Paul Keating has been rather critical of the Nine-Fairfax merger, while attacking the federal government’s changes to media ownership in 2017. Keating said the changes would reduce diversity within the media, while he referred to Nine’s news output in rather unflattering terms. However, there is plenty of diversity of views within Fairfax’s radio network for example, while "The Australian" publishes views from all parts of the political spectrum. Keating’s views ignore the fact that the Australian media must adapt to survive.

CORPORATES
NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC FAIRFAX MEDIA LIMITED – ASX FXJ GOOGLE INCORPORATED FACEBOOK AUSTRALIA PTY LTD AUSTRALIA. DEPT OF COMMUNICATIONS AND THE ARTS AUSTRALIAN BROADCASTING CORPORATION

Shotgun wedding a threat to independence, say journos

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Original article by Stephen Brook, John Ferguson
The Australian – Page: 6 : 27-Jul-18

Fairfax Media journalists have expressed concern about the long-term impact of the merger with Nine Entertainment Company on the newspaper publisher’s editorial independence. Fairfax CEO Greg Hywood and Nine counterpart Hugh Marks have given assurances that the two companies’ newsrooms will not be merged. The Media, Entertainment & Arts Alliance has warned that the deal will reduce media diversity and has urged the Australian Competition & Consumer Commission to block it.

CORPORATES
FAIRFAX MEDIA LIMITED – ASX FXJ, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, MEDIA, ENTERTAINMENT AND ARTS ALLIANCE, AUSTRALIAN COMPETITION AND CONSUMER COMMISSION

Sky news junkie spreads his wings

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Original article by Darren Davidson
The Australian – Page: 21 : 25-Jul-18

News Corp Australia’s executive chairman Michael Miller has praised the contribution of Australian News Channel CEO Angelos Frangopoulos to the development of Sky News Australia. The pay-TV network’s ratings have risen in 2018, while it will shortly venture into the free-to-air market for the first time via alliances with the Nine Network and regional broadcaster WIN Corporation. Frangopoulos, who joined ANC in 1996, has been appointed CEO of Abu Dhabi-based Sky News Arabia.

CORPORATES
AUSTRALIAN NEWS CHANNEL PTY LTD, SKY NEWS AUSTRALIA, NINE NETWORK AUSTRALIA LIMITED, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, WIN CORPORATION PTY LTD, SKY NEWS ARABIA, NEWS CORP AUSTRALIA PTY LTD, NEWS CORPORATION – ASX NWS, UNITED STATES. EXECUTIVE OFFICE OF THE PRESIDENT, 2SER, FOXTEL MANAGEMENT PTY LTD

Call to rewrite ABC, SBS charters

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Original article by Darren Davidson, Stephen Brook
The Australian – Page: 3 : 25-Jul-18

News Corp Australia has used its submission to an inquiry into the competitive neutrality of the ABC and SBS to argue that taxpayer funding gives them an advantage in the distribution of news content online. The media giant has also called for the public broadcasters’ charters to be overhauled to ensure a "level-playing field" with regard to online news content. In addition, News Corp argues that the ABC should not compete with commercial rivals for contracts to supply news content to third parties.

CORPORATES
AUSTRALIAN BROADCASTING CORPORATION, SPECIAL BROADCASTING SERVICE (SBS), NEWS CORP AUSTRALIA PTY LTD, NEWS CORPORATION – ASX NWS, FAIRFAX MEDIA LIMITED – ASX FXJ, SKY NEWS, GOOGLE INCORPORATED

ABC pitches for massive digital grant

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Original article by Stephen Brook
The Australian – Page: 28 : 23-Jul-18

The ABC is seeking a one-off funding boost to prepare it for the eventual termination of traditional broadcasting services and its shift to a pure-play online media company. As part of the public broadcaster’s online-only future, it proposes to establish a database containing its entire archive of audio-visual content. ABC chairman Justin Milne notes that it spends about $200m a year on broadcast infrastructure and spectrum, but it will no longer incur these costs when it ultimately shifts to an online-only platform.

CORPORATES
AUSTRALIAN BROADCASTING CORPORATION, NATIONAL LIBRARY OF AUSTRALIA, NATIONAL FILM AND SOUND ARCHIVE, AUSTRALIAN WAR MEMORIAL, OZEMAIL LIMITED, TELSTRA BIG POND