Australians’ desire for electric and hybrid vehicles continues to rise

Original article by Roy Morgan
Market Research Update – Page: Online : 12-Feb-20

New automotive data from Roy Morgan shows that 59.1% of Australians aged 14+ who intend to purchase a new vehicle in the next four years say a petrol engine vehicle is the most likely type, down 6.3% points on a year ago. This is followed by diesel vehicles (23.5%), hybrid vehicles (12.7%) and electric vehicles (4.2%). The data also shows that of the Australians who intend to buy an electric vehicle in the next four years, 37.5% would consider purchasing a Tesla, followed by Hyundai (20.4%), Toyota (19.6%), Kia (12.5%) and BMW (12.3%). These findings are drawn from the Roy Morgan Single Source survey, compiled by in-depth face-to-face interviews with over 50,000 Australians each year in their homes.

CORPORATES
ROY MORGAN LIMITED

Over six million Australians endure allergies, colds and flu without using medication

Original article by Roy Morgan
Market Research Update – Page: Online : 11-Feb-20

The latest health and wellbeing data from Roy Morgan shows that 67.6% of Australians aged 14+ (more than 14 million people) experience allergies/cold and flu in an average 12 months. This comprises 64.1% of men and 70.9% of women. The 14-17 age group has the highest proportion of sufferers (75.3%), followed by 35-49 (72.8%), 18-34 (72.5%) before a gap to older Australians aged 50-64 (65.1%) and 65+ (53.9%). The data also shows that 57.0% of Australians are now taking medication to alleviate these conditions, compared with 47.4% in 2012. The findings are drawn from the Roy Morgan Single Source survey, compiled from in-depth face-to-face interviews with over 1,000 Australians each week in their homes.

CORPORATES
ROY MORGAN LIMITED

Poker machine gambling is down overall, but not in the NT; WA tops lottery participation rates

Original article by Roy Morgan
Market Research Update – Page: Online : 21-Jan-20

The latest data from Roy Morgan’s Gambling Currency Report shows that the Northern Territory has the highest proportion of poker machine players, with 23.6% of residents aged 18+ having used a machine in an average three-month period. It is followed by Queensland (14.9%), New South Wales (incl. ACT) (14.2%), Tasmania (13.5%), South Australia (12.4%), Victoria (10.6%) and Western Australia (5.0%). The Northern Territory also has the highest betting participation rate, with 15.3% of residents aged 18+ having placed a bet in an average three-month period, followed by Victoria (10.8%), New South Wales (incl. ACT) (10.0%), Western Australia (9.6%), Queensland (8.1%), South Australia (7.4%) and Tasmania (4.7%). Meanwhile, Western Australia has the highest participation rate for lotteries and scratch tickets, with 52.8% of residents aged 18+ having purchased a ticket in an average three-month period. The Gambling Currency Report’s findings have been taken from the Roy Morgan Single Source survey, compiled by in-depth face-to-face interviews with over 1,000 Australians each week in their homes.

CORPORATES
ROY MORGAN LIMITED

Woolworths Group takes the largest cut of fresh meat market

Original article by Roy Morgan
Market Research Update – Page: Online : 14-Jan-20

The latest Roy Morgan Fresh Food and Grocery Report shows that Woolworths Group has the largest share of the fresh meat market, taking 27.5% of the more than $13 billion spent on fresh meat in Australia each year. Woolworths Group also enjoys the highest number of customers, with 42.7% of meat buyers having recently purchased from its stores. Coles Group is in second place with 22.6% of the fresh meat market, followed by specialist Butchers (20.9%), Aldi (10.6%), Other Non-Supermarkets (6.6%), IGA (5.1%), Other Supermarkets (4.3%), and produce Markets taking the remaining 2.3%. The findings are taken from the Roy Morgan Single Source survey, compiled by in-depth face-to-face interviews with over 1,000 Australians each week in their homes.

CORPORATES
ROY MORGAN LIMITED, WOOLWORTHS GROUP LIMITED – ASX WOW, COLES GROUP LIMITED – ASX COL, ALDI STORES SUPERMARKETS PTY LTD, IGA

New car sales plummet as families curb spending

Original article by Patrick Commins
The Australian – Page: 2 : 7-Jan-20

Data from the Federal Chamber of Automotive Industries shows that new car sales totalled 1,062,867 in 2019, which is 7.8 per cent lower than previously. Sales fell by 3.8 per cent year-on-year in December, to 84,239. FCAI CEO Tony Weber says the 2019 sales figures reflect a challenging year for the Australian economy, noting that the new car market was affected by factors such as falling house prices, low wages growth and a weaker Australian dollar. The Toyota HiLux was the top-selling vehicle for the year.

CORPORATES
FEDERAL CHAMBER OF AUTOMOTIVE INDUSTRIES, TOYOTA MOTOR CREDIT CORPORATION

2019 post-Christmas retail sales to grow 2.3% to $18.7 billion

Original article by Roy Morgan
Market Research Update – Page: Online : 23-Dec-19

Roy Morgan’s annual post-Christmas retail sales forecasts, conducted in conjunction with the Australian Retailers Association (ARA), project that Australians are set to spend $18.72 billion across retail stores during the post-Christmas trading period, an increase of 2.3% from a year ago. The post-Christmas retail sales are expected to have a slightly lesser rate of growth than the larger pre-Christmas sales due to the growing impact of the Black Friday and Cyber Monday weekend sales in late November, which have gained prominence in the last few years. The ABS Retail Sales data for October showed seasonally adjusted sales of $27.57 billion, unchanged on September. The lower than expected result doesn’t augur well for pre-Christmas sales which are now forecast to increase by between 2.5% to 2.6% on a year ago to $52.7 billion, a lower forecast range than previously released. Growth in retail expenditure is predicted across all six categories measured.

CORPORATES
ROY MORGAN LIMITED, AUSTRALIAN RETAILERS ASSOCIATION

Stagnant wages and rising debt point to weak Christmas spending

Original article by Euan Black
The New Daily – Page: Online : 19-Dec-19

Research by the Commonwealth Bank shows that 12 per cent of Australian adults will do most of their Christmas shopping at the last minute. Meanwhile, 26 per cent will look for discounts to save money on their Christmas shopping. The Commonwealth Bank’s chief economist Michael Blythe says growth in consumer spending is likely to be weak in 2019. Jim Stanford from the Centre for Future Work says factors such as small pay rises and high debt have prompted consumers to reduce their spending.

CORPORATES
COMMONWEALTH BANK OF AUSTRALIA – ASX CBA, THE AUSTRALIA INSTITUTE LIMITED. CENTRE FOR FUTURE WORK

Catalogues hit the mark with shoppers

Original article by Roy Morgan Research
Market Research Update – Page: Online : 9-Dec-14

A Roy Morgan Single Source survey has found that 53 per cent of Australians aged 14+ read one or more store catalogues in an average week during the year to September 2014. Some 56 per cent bought a product as a result of seeing it in a catalogue. The survey also shows that 41 per cent of Australians read supermarket catalogues in an average week, and 58 per cent of these people buy items from the catalogues. Meanwhile, 38 per cent of readers buy something from a chemist’s catalogue, followed by liquor store catalogues (33 per cent)

CORPORATES
ROY MORGAN RESEARCH LIMITED, DICK SMITH HOLDINGS LIMITED – ASX DSH, WESFARMERS BUNNINGS LIMITED, IKEA TRADING PTY LTD

RBA chief has confidence in consumers

Original article by David Rogers, James Glynn
The Australian – Page: 23 : 11-Dec-19

George Tharenou of UBS says the Reserve Bank of Australia is likely to reduce the cash rate twice in the first half of 2020, to a record low of 0.25 per cent. He adds that the federal government’s mid-year Budget update is unlikely to include any "material" fiscal stimulus. Meanwhile, RBA governor Philip Lowe concedes that it is taking longer than usual for consumers to spend the extra cash from the three interest rate cuts in 2019 and the federal government’s income tax offset. However, he expects consumer spending to increase.

CORPORATES
RESERVE BANK OF AUSTRALIA, UBS HOLDINGS PTY LTD

SUVs are the most popular choice for those planning on buying a new car

Original article by Roy Morgan
Market Research Update – Page: Online : 10-Dec-19

The latest Roy Morgan Automotive Leading Indicators Report shows that 39.9% (753,000) of Australians aged 14+ who intend to purchase a new car within the next four years plan on purchasing an SUV. Some 34.4% (649,000) are planning to buy a passenger vehicle and 8.5% (160,000) intend to buy a light commercial vehicle. The research also shows that of those who see themselves as car enthusiasts, 37.4% intend on buying an SUV, 37.1% a passenger vehicle, and 11.6% a light commercial vehicle. Meanwhile, among Australians who rate safety as their number one concern when purchasing a car, 39.5% are intending to buy an SUV, 39.3% a passenger vehicle, and 6.8% a light commercial vehicle. These findings are from the Roy Morgan Single Source survey, derived from in-depth face-to-face interviews with 50,000 Australians each year.

CORPORATES
ROY MORGAN LIMITED