Original article by Michael Bleby
The Australian Financial Review – Page: 29 : 16-Jan-20
The latest quarterly survey of the construction sector by the ANZ Bank and the Property Council of Australia suggests that building activity in the residential market will improve in the second half of 2020. The index of expectations for housing construction over the next 12 months has risen by 14.6 points in the survey for the March 2020 quarter; it is the largest quarterly gain since the three months to December 2013. PCA CEO Ken Morrison says the latest survey indicates that housing affordability will continue to be a key issue in 2020.
AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ, PROPERTY COUNCIL OF AUSTRALIA LIMITED
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.
COMMONWEALTH BANK OF AUSTRALIA – ASX CBA, THE AUSTRALIA INSTITUTE LIMITED. CENTRE FOR FUTURE WORK
Original article by James Thomson, Edmund Tadros
The Australian Financial Review – Page: 13 : 10-Dec-14
The latest executive salary survey by "The Australian Financial Review" shows that Nine Entertainment Company CEO David Gyngell was Australia’s highest-paid corporate executive in 2014. His total remuneration of $A19.6m included a $A2.5m cash bonus associated with the group’s IPO. Arowana International CEO Kevin Chin was paid $A13.3m in total, followed by News Corporation CEO Robert Thomson with total remuneration of $A13.2m
NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, AROWANA INTERNATIONAL LIMITED – ASX AWN, NEWS CORPORATION – ASX NWS, WESFARMERS LIMITED – ASX WES, WESTFIELD CORPORATION – ASX WFD, GUERDON ASSOCIATES PTY LTD, OAKTREE CAPITAL MANAGEMENT LLC, APOLLO GLOBAL MANAGEMENT LLC
Original article by Sarah Turner
The Australian Financial Review – Page: 1 & 22 : 30-Sep-19
A quarterly survey of economists shows that there is general consensus that the Reserve Bank of Australia will reduce the cash rate to 0.5 per cent by mid-2020. Most of the respondents expect official interests to be cut by 25 basis points before the end of 2019, followed by another cut by June. However, Shane Oliver of AMP Capital and Alan Oster of National Australia Bank expect a cash of 0.5 per cent at the end of 2019. Futures markets have priced in a 76 per cent chance of a rate cut on 1 October, and fully priced in a rate cut in November.
RESERVE BANK OF AUSTRALIA, AMP CAPITAL INVESTORS LIMITED, NATIONAL AUSTRALIA BANK LIMITED – ASX NAB, WESTPAC BANKING CORPORATION – ASX WBC, COMMONWEALTH BANK OF AUSTRALIA – ASX CBA, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ
Original article by Patrick Durkin
The Australian Financial Review – Page: 2 : 23-Sep-19
Recruitment firm Robert Half has reported that 22 per cent of S&P/ASX 200 CEOs are new from the previous year, up from 20 per cent in 2018. The number of external hires of ASX 200 CEOs has increased, as has the number of CEOs with a background in technology. Just six per cent of ASX 200 CEOs are women, down one per cent, while 14 per cent of ASX 200 CEOs do not hold a diploma or degree.
ROBERT HALF AUSTRALIA PTY LTD, NATIONAL AUSTRALIA BANK LIMITED – ASX NAB, AMP LIMITED – ASX AMP, AGL ENERGY LIMITED – ASX AGL, AFTERPAY TOUCH GROUP LIMITED – ASX APT, COMPUTERSHARE LIMITED – ASX CPU, SUNCORP GROUP LIMITED – ASX SUN, INSURANCE AUSTRALIA GROUP LIMITED – ASX IAG, ARISTOCRAT LEISURE LIMITED – ASX ALL, GOODMAN GROUP – ASX GMG, GPT GROUP – ASX GPT
Original article by Duncan Hughes
The Australian Financial Review – Page: 2 : 27-Aug-19
The Australian Securities & Investments Commission has released the findings of a survey on consumers’ attitudes toward the financial advice sector. It shows that there is a high level of distrust regarding the sector; amongst other things, about 50 per cent of respondents believe that financial advisers are more concerned about making themselves rich than helping clients, while almost 30 per cent prefer to obtain financial advice from family members, friends or colleagues. The ASIC report is based on interviews with almost 2,500 investors.
AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION, AMP LIMITED – ASX AMP
Original article by Olivia Caisley
The Australian – Page: 4 : 1-Aug-19
Research undertaken by Deloitte Access Economics on behalf of the Property Council of Australia suggests that Labor’s proposed negative gearing reforms would have slashed the nation’s GDP by about $1.5bn. It is also estimated that the policy would have resulted in the loss of 7,800 construction industry jobs and cost the sector around $766m. A separate survey of voters in 16 marginal electorates has found that 34 per cent indicated that Labor’s negative gearing and capital gains tax reforms were a key reason why they did not vote for the party at the 18 May election.
PROPERTY COUNCIL OF AUSTRALIA LIMITED, DELOITTE ACCESS ECONOMICS PTY LTD, AUSTRALIAN LABOR PARTY
Original article by Ingrid Fuary-Wagner
The Australian Financial Review – Page: 31 : 23-Jul-19
Australian investors are feeling less optimistic about the property market than they were three months ago, according to ME Bank’s latest property sentiment survey. However, overall sentiment regarding the market is more positive than it was in April. Although the downturn in the property market appears to have come to an end, fewer people between the age of 18 and 39 are feeling positive about the state of the property market than they were in April.
Original article by Michael Pelly, Edmund Tadros
The Australian Financial Review – Page: 34 : 28-Jun-19
The latest Law Partnership Survey shows that the number of partners at participating firms has increased by 2.8 per cent in the first half of 2019, and by 3.2 per cent in the last year. Meanwhile, Herbert Smith Freehills and Allens are among the firms that have recorded strong growth in non-partner fee-earners in the last six months. Some lawyers are upbeat about the outlook for the legal services sector, noting that law firms are continuing to gain work in the aftermath of the financial services royal commission.
HERBERT SMITH FREEHILLS PTY LTD, ALLENS, AUSTRALIA. ROYAL COMMISSION INTO MISCONDUCT IN THE BANKING, SUPERANNUATION AND FINANCIAL SERVICES INDUSTRY, KING AND WOOD MALLESONS, ARNOLD BLOCH LEIBLER, DLA PIPER, LANDER AND ROGERS, CLAYTON UTZ, MINTER ELLISON, CORRS CHAMBERS WESTGARTH, MILLS OAKLEY LAWYERS PTY LTD, JOHNSON WINTER AND SLATTERY, KPMG AUSTRALIA PTY LTD
Original article by Ingrid Fuary-Wagner
The Australian Financial Review – Page: 34 : 11-Jun-19
A survey by ME Bank shows that 88 per cent of Australians regard housing affordability as a major concern. The survey also found that 94 per cent of first-home buyers are concerned about housing affordability, compared with 87 per cent of owner-occupiers and 83 per cent of property investors. The survey was undertaken in late April, prior to the re-election of the Coalition and the recent reduction in official interest rates.
ME BANK, AUSTRALIAN PRUDENTIAL REGULATION AUTHORITY