Original article by Aleks Vickovich
The Australian Financial Review – Page: 17 : 17-May-21
Research by CoreData shows that superannuation funds with assets of less than $20bn outperform their larger peers in terms of customer satisfaction. Smaller funds received an overall score of 63 among members who have retired and a score of 53.2 with regard to preparedness for retirement. In contrast, large super funds received a rating of 57.7 among retirees and just 46.9 among pre-retirees. The survey of more than 4,000 respondents has coincided with a regulatory push for smaller super funds to merge.
COREDATA PTY LTD
Original article by Ben Packham
The Australian – Page: 1 & 4 : 6-Apr-21
Deloitte’s survey of global CEOs has found that 54 per cent of Australian firms had to downgrade sustainability initiatives during the COVID-19 pandemic, compared to 65 per cent of global respondents. Thirty two per cent of Australian CEOs reported that they intend to speed up sustainability initiatives in the next year, compared to 23 per cent of their global counterparts. Around 44 per cent of Australian CEOs stated that their environmental performance is aimed at meeting customer expectations, while 57 per cent view employee morale as a "key driver" of environmental policies.
DELOITTE TOUCHE TOHMATSU LIMITED
Original article by John Davidson
The Australian Financial Review – Page: 17 : 9-Feb-21
Consumer research company Pureprofile asked over 1,000 Australians their views on the federal government’s proposed media bargaining code and the operation of online platforms. The code would force Facebook and Google into binding arbitration if they cannot come to an agreement with media companies over payment for the use of their news content. On the question of whether Google’s threat to shut down its search engine in Australia if the code goes ahead made them more or less likely to support the code, 34 per cent of respondents stated it would make them more likely. Pureprofile CEO Martin Filz claims that Google has "underestimated the backlash against Big Tech".
FACEBOOK INCORPORATED,GOOGLE INCORPORATED,PUREPROFILE LIMITED – ASX PPL
Original article by Matt Johnson
The New Daily – Page: Online : 15-Jan-21
An international study undertaken on behalf of work management app Asana has found that 77 per cent of Australians and New Zealanders experienced burnout while working from home in 2020 due to the coronavirus pandemic. This compares with 71 per cent of respondents globally. The study also found that working from home resulted in more employees putting in longer hours, yet productivity was negatively affected. Jim Stanford from the Centre for Future Work contends that working from home is not sustainable.
ASANA, THE AUSTRALIA INSTITUTE LIMITED. CENTRE FOR FUTURE WORK
Original article by Cliona O’Dowd
The Australian – Page: 15 : 14-Dec-20
Accenture has released a report which shows that the proportion of Australians who trust banks to look after their financial wellbeing has fallen from 43 per cent to 29 per cent since 2018. Alex Trott of Accenture says the rapid shift to digital banking in response to the COVID-19 pandemic may undermine the progress that banks have made in restoring consumers’ trust in the wake of the Hayne royal commission. The report notes that fewer consumers have changed lenders in 2020, despite growing distrust of the banking sector.
Original article by Rod Myer
The New Daily – Page: Online : 20-Nov-20
The Melbourne Institute’s latest Household, Income and Labour Dynamics in Australia (HILDA) report shows that the nation’s average household assets increased by 64 per cent to $1.37 million between 2002 and 2018. However, average household debt rose by 104 per cent to $213,496 over this period. The HILDA survey also found that the proportion of Australians with a mortgage rose from 33.8 per cent to 36.3 per cent, although home ownership has declined from 68.1 per cent in 2002 to 63.9 per cent.
UNIVERSITY OF MELBOURNE. INSTITUTE OF APPLIED ECONOMIC AND SOCIAL RESEARCH
Original article by Paul Karp
The Guardian Australia – Page: Online : 4-Nov-20
The ACTU proposes to adopt a charter of rights about working from home. The charter covers issues such as a safe working environment and the right to be compensated for all hours worked from home. Meanwhile, the ACTU has released a survey of 10,000 workers which found that 81 per cent want to keep working from home if they have sufficient support from their employer. Some 47% of respondents said they are more productive at home, while 49 per cent reported experiencing a mental health issue due to working from home.
Original article by Cliona O’Dowd
The Australian – Page: 15 : 8-Jul-20
Research by KPMG suggests that nearly 25 per cent of retail superannuation fund members are likely to switch funds during the next year, compared with less than 10 per cent of industry super fund members. KPMG partner Tim Thomas says lower fees of industry funds is a major contributor to the expected exodus of retail fund members. However, he cautions that industry funds risk a similar loss of members if they do not take action to improve the quality of their services. KPMG has also found that nearly 80 per cent of consumers now prefer to interact with financial services providers via digital channels.
KPMG AUSTRALIA PTY LTD
Original article by Christine Lacy
The Australian – Page: 19 : 22-Jun-20
The Reuters Institute’s annual Digital News Report has found that the ABC and SBS are the most trusted media outlets in Australia, with trust scores of 72 per cent and 71 per cent respectively. Meanwhile, ‘The Australian’ is the nation’s most trusted newspaper across print and digital, with a trust score of 56 per cent. The News Corp Australia flagship was also ranked second among newspapers in Australia, the US and the UK, behind the ‘Financial Times’ with a trust score of 58 per cent.
REUTERS INSTITUTE, AUSTRALIAN BROADCASTING CORPORATION, SPECIAL BROADCASTING SERVICE (SBS), NEWS CORP AUSTRALIA PTY LTD, NEWS CORPORATION – ASX NWS
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