ELECTRIC – AUSTRALIA

Price or service? What do we want when shopping for appliances?

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Original article by Roy Morgan Research
Market Research Update – Page: Online : 17-Nov-14

A Roy Morgan Single Source survey has found that 72 per cent of Australians aged 14+ regard price as an important factor when shopping for household appliances at an electrical store or department store. The survey, which was carried out in the year to June 2014, also shows that the store’s range of products is important to 60 per cent of consumers, followed by service (52 per cent) and the range of brands (50 per cent)

CORPORATES
ROY MORGAN RESEARCH LIMITED

Tesla set for Australian debut

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Original article by Matthew Smith
The Australian Financial Review – Page: 7 : 24-Oct-14

Tesla Motors will sell its electric cars directly to Australian consumers, rather than through car dealerships. The direct-selling model is used in the US, and spokesman Heath Walker is confident that this strategy will not meet with the opposition it has attracted in some US states. Tesla is also hoping to lease space in Scentre Group’s shopping centres to display its vehicles. The Tesla Model S will be priced from $A90,000 in Australia

CORPORATES
TESLA MOTORS INCORPORATED, SCENTRE GROUP – ASX SCG, INTERNODE SYSTEMS PTY LTD, IINET LIMITED – ASX IIN, NASDAQ, PAYPAL INCORPORATED, GOOGLE INCORPORATED, BLOOMBERG LP

Anchorage Capital reaps big from Dick Smith sellout

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Original article by Eli Greenblat
The Age – Page: 21 : 16-Sep-14

Anchorage Capital will make almost $A370 million from its investment in consumer electronics business Dick Smith. The private equity firm bought the struggling business for $A94 million in September 2012. It was floated in December 2013, giving Anchorage a profit of $A264 million. In mid-September 2014, Anchorage sold its remaining 20 per cent stake at $A2.22 a share

CORPORATES
DICK SMITH HOLDINGS LIMITED – ASX DSH, ANCHORAGE CAPITAL PARTNERS PTY LTD, MACQUARIE CAPITAL PTY LTD, WOOLWORTHS LIMITED – ASX WOW

Good Guys ride the DIY boom to reach top 10

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Original article by Glenda Korporaal
The Australian – Page: 19 : 15-Sep-14

Home electronics retailers The Good Guys now boasts annual sales of $A2bn, with the group benefiting from growing interest in home renovations. The Good Guys now has 100 stores nationwide, and it has a top-10 ranking in IBISWorld’s latest list of Australia’s 500 largest privately-owned companies. Chairman Andrew Muir says The Good Guys’ status as a private company means it has greater flexibility than listed rivals

CORPORATES
THE GOOD GUYS, THE MUIR ELECTRICAL COMPANY PTY LTD, JB HI-FI LIMITED – ASX JBH, THE BLACKSTONE GROUP LP, WESFARMERS LIMITED – ASX WES, WESFARMERS BUNNINGS LIMITED, NINE NETWORK AUSTRALIA LIMITED, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, BAYSWATER BULK, BRASHS PTY LTD