Fourth bid for AMP class action

Original article by Ben Butler
The Australian – Page: 19 : 15-May-18

Maurice Blackburn is the latest law firm to propose launching a class action against wealth manager AMP in response to the scandals exposed by the banking royal commission. Phi Finney McDonald and Quinn Emanuel Urquhart & Sullivan have filed class action lawsuits to date, while Slater & Gordon has also flagged possible legal action on behalf of AMP shareholders. Andrew Watson of Maurice Blackburn stresses factors other than the lowest commission rate will determine which class action is allowed to proceed.

CORPORATES
AMP LIMITED – ASX AMP, MAURICE BLACKBURN PTY LTD, PHI FINNEY MCDONALD PTY LTD, QUINN EMANUEL URQUHART AND SULLIVAN LP, SLATER AND GORDON LIMITED – ASX SGH, INTERNATIONAL LITIGATION FUNDING PARTNERS INCORPORATED, FEDERAL COURT OF AUSTRALIA, SUPREME COURT OF NEW SOUTH WALES, AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION, MACQUARIE GROUP LIMITED – ASX MQG, IMF BENTHAM LIMITED – ASX IMF

Nation uplifted as marriage bill passes

Original article by Geoff Chambers, Joe Kelly, Rachel Baxendale
The Australian – Page: 1 & 5 : 8-Dec-17

Same-sex marriage will be legalised in Australia after the private members’ bill of Liberal senator Dean Smith was passed by the House of Representatives on 7 December. Prime Minister Malcolm Turnbull has described it as a "unifying day" for Australians, and he expects the first same-sex marriages to occur in early January. Three Coalition MPs voted against the bill, while Tony Abbott and Scott Morrison are among seven who are believed to have abstained from voting. Several proposed amendments to the bill regarding religious freedom were rejected by the lower house. The bill was passed by the Senate in late November.

CORPORATES
AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, AUSTRALIAN LABOR PARTY, AUSTRALIAN GREENS, LIBERAL PARTY OF AUSTRALIA, LIBERAL-NATIONAL PARTY OF QUEENSLAND, QANTAS AIRWAYS LIMITED – ASX QAN, AUSTRALIA. DEPT OF IMMIGRATION AND BORDER PROTECTION

Roy Morgan spot on for Same Sex Marriage Survey

Original article by Roy Morgan Research
Market Research Update – Page: Online : 16-Nov-17

The ABS has released the results of the Australian Marriage Law Postal Survey, showing 61.6% of Australians support changing the law to allow same-sex couples to marry and 38.4% of Australians are opposed. The final ABS results are remarkably similar to the results of a Roy Morgan Snap SMS Survey taken in early October which showed 61.5% of Australians voting "Yes" on the survey while the remaining 38.5% of respondents were either voting "No", did not answer the SMS question or had no intention of voting. Analysing the results of the Roy Morgan Snap SMS Survey we were confident enough to headline the article: Australians are voting in favour of same sex marriage. Roy Morgan’s Industry Communications Director, Norman Morris, says the results of the Roy Morgan Snap SMS Survey a month ago shows that using the correct methodology and sampling techniques it is possible to interview a relatively small portion of Australians and receive a robust and accurate picture of how the Australian community feels about an issue.

CORPORATES
ROY MORGAN RESEARCH LIMITEDAUSTRALIAN BUREAU OF STATISTICSL1 CAPITAL PTY LTDNATIONAL PARTY OF AUSTRALIAAUSTRALIAN LABOR PARTYAUSTRALIAN GREENS

Marriage equality within weeks

Original article by Phillip Coorey
The Australian Financial Review – Page: 1 & 4 : 16-Nov-17

Prime Minister Malcolm Turnbull says same-sex marriage will be legalised before Christmas, after 133 of the 150 federal electorates and every state and territory voted in favour of marriage equality. The Senate is expected to vote on the same-sex marriage bill in the last week of November, with the lower house to vote on it during the following week. Meanwhile, members of the Liberal Party’s conservatives faction continue to advocate some aspects of James Paterson’s private members’ bill, which provide greater protection for religious freedom than Dean Smith’s bill, which has cross-party support.

CORPORATES
AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINETLIBERAL PARTY OF AUSTRALIAAUSTRALIAN LABOR PARTYAUSTRALIAN GREENSAUSTRALIAN BUREAU OF STATISTICS

Tensions increase over rival SSM bill

Original article by Joe Kelly
The Australian – Page: 6 : 10-Nov-17

Liberal MP Ian Goodenough has expressed concern about the limited focus of religious protections in a private members’ bill to legalise same-sex marriage. He says some Coalition MPs are developing a separate bill on same-sex marriage that will provide greater protection for religious freedoms if the majority of Australians support marriage equality in the postal survey. Meanwhile, Australian Conservatives founder Cory Bernardi says resolving parliament’s dual citizenship crisis should take priority over the issue of same-sex marriage.

CORPORATES
LIBERAL PARTY OF AUSTRALIA, AUSTRALIAN CONSERVATIVES, AUSTRALIAN LABOR PARTY, FREEDOM FOR FAITH, UNIVERSITY OF SYDNEY. UNITED STATES STUDIES CENTRE

Australians are voting in favour of same sex marriage

Original article by Roy Morgan Research
Market Research Update – Page: Online : 16-Oct-17

A special Roy Morgan Snap SMS Survey taken on 6-8 October shows that 61.5% of Australians are voting "Yes" in favour of same-sex marriage in the postal plebiscite. Some 17.5% are voting "No", while a further 21% did not answer the question or have no intention of voting. Although these results are slightly inconclusive on the exact margin of the final result, they do provide a degree of certainty that the plebiscite will be carried nationwide. Analysis of supporters of various political parties shows that 92% of Greens supporters and 77% of ALP supporters are voting "Yes", compared with just 40.5% of Liberal supporters and 33% of Nationals supporters. Support for the change is also consistent across the country, with clear majorities in all six States opting to vote "Yes". The State with the largest support for the change is Victoria, in which 69.5% of respondents are voting "Yes", ahead of Western Australia and Tasmania (63.5%).

CORPORATES
ROY MORGAN RESEARCH LIMITED, AUSTRALIAN GREENS, AUSTRALIAN LABOR PARTY, LIBERAL PARTY OF AUSTRALIA, NATIONAL PARTY OF AUSTRALIA

CBA faces investor class action

Original article by James Frost
The Australian Financial Review – Page: 4 : 10-Oct-17

Andrew Watson of law firm Maurice Blackburn says its class action against the Commonwealth Bank could be the largest ever in Australia. The firm will seek compensation for retail and institutional investors who bought the bank’s shares between 1 July 2015 and 3 August 2017. The class action centres on the bank’s failure to make adequate disclosures regarding the money-laundering scandal. Austrac’s revelation that it was investigating the bank prompted a sharp fall in its share price.

CORPORATES
COMMONWEALTH BANK OF AUSTRALIA – ASX CBA, MAURICE BLACKBURN PTY LTD, AUSTRALIA. ATTORNEY-GENERAL’S DEPT. AUSTRALIAN TRANSACTION REPORTS AND ANALYSIS CENTRE, IMF BENTHAM LIMITED – ASX IMF

Marriage poll nearly 80% done

Original article by Adam Gartrell
The Age – Page: 1 : 3-Oct-17

Polling undertaken on behalf of the Equality Campaign has found that 77 per cent of Australian electors have already voted in the postal plebiscite on same-sex marriage. The survey of 1,000 people shows that 69 per cent of electors aged 18-24 have returned their survey form, while 17 per cent of people in this age group have filled in their form but have yet to return it. The majority of young people are expected to vote in favour of same-sex marriage. Some 80 per cent of people aged 65+ have also returned their survey form; support for the traditional view of marriage is expected to be high among this age group.

CORPORATES
THE EQUALITY CAMPAIGN, AUSTRALIAN BUREAU OF STATISTICS, AUSTRALIAN ELECTORAL COMMISSION, AUSTRALIAN CHRISTIAN LOBBY, SKY NEWS, REACHTEL PTY LTD

Next battle: same-sex campaign rules

Original article by David Crowe
The Australian – Page: 1 & 5 : 8-Sep-17

The Federal Government will shortly begin distributing ballot papers for the postal plebiscite on same-sex marriage after the High Court ruled that it can proceed. Prime Minister Malcolm Turnbull and Opposition Leader Bill Shorten have urged all Australian electors to participate in the voluntary survey. The Government is drafting the rules for the eight-week public campaign on the issue of marriage equality, while there is growing concern about the potential impact of legalisation of same-sex marriages on religious freedom.

CORPORATES
HIGH COURT OF AUSTRALIA, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, AUSTRALIAN LABOR PARTY, AUSTRALIAN CONSERVATIVES, LIBERAL PARTY OF AUSTRALIA, AUSTRALIA. DEPT OF FINANCE, AUSTRALIAN GREENS

TV networks seek clarity over postal survey ads

Original article by Joe Kelly
The Australian – Page: 5 : 8-Sep-17

Free TV Australia wants the Australian Communications & Media Authority to provide advertisers with clarification regarding the rules on broadcasting ads with political content during the postal plebiscite on same-sex marriage. This follows a recent controversy over the lobby group’s move to ban a Father’s Day ad because its lack of a "political authorisation" tag was a breach of broadcasting rules.

CORPORATES
FREE TV AUSTRALIA LIMITED, AUSTRALIAN COMMUNICATIONS AND MEDIA AUTHORITY, DADS4KIDS