MARKET SURVEYS – AUSTRALIA

Post-budget worries hard to shake off

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Original article by Bianca Hartge-Hazelman
The Australian Financial Review – Page: 27 : 17-Jul-14

New data shows that Australian consumers remain concerned about the impact of the Federal Government’s May 2014 Budget. The consumer anxiety index, which is produced by National Australia Bank, rose to a new high of 64.5 points in the June quarter. This compares with 61.7 points in the March quarter. The level of anxiety is highest among people whose annual income is less than $A35,000, while women are more anxious than men

CORPORATES
NATIONAL AUSTRALIA BANK LIMITED – ASX NAB

Post-budget uncertainty takes toll on CFO confidence

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Original article by Shaun Drummond
The Australian Financial Review – Page: 19 : 16-Jul-14

Deloitte has released the findings of its quarterly survey of Australian CFOs. Some 62 per cent of respondents expect the Federal Government’s May 2014 Budget to adversely affect the economy. Meanwhile, 38 per cent said the Budget will negatively affect their company, although 40 per cent anticipate no impact. The survey for the June quarter also found that 70 per cent of CFOs forecast revenue growth in the next 12 months

CORPORATES
DELOITTE TOUCHE TOHMATSU LIMITED

Women partners stalemate

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Original article by Nicola Berkovic
The Australian – Page: 31 : 27-Jun-14

The new partnership survey by Beaton Research + Consulting for "The Australian" shows little to no improvement in the area of discrimination against female lawyers at the leading law firms. The ratio of female partners increased only from 21.5% to 22% during 2013, while that of equity partners fell from 17.5% to 17.4%. Australian Women Lawyers patron and Family Court chief justice Diana Bryant says quotas should be rolled out to address the imbalance. K&L Gates has lifted the share of female partners from just 6% to 22.4% over four years. While Gilbert +Tobin continues to lead with a ratio of 32.6% among equity partners, this is actually a fall from 36.5% since 2009. In terms of salaried partners TressCox Lawyers scores highest with 39.2%

CORPORATES
BEATON RESEARCH AND CONSULTING PTY LTD, FAMILY COURT OF AUSTRALIA, AUSTRALIAN WOMEN LAWYERS, K&L GATES LLP, GILBERT AND TOBIN LAWYERS, TRESSCOX, SWAAB ATTORNEYS, BANKI HADDOCK FIORA, SEYFARTH SHAW LLP, HIVE LEGAL PTY LTD, MINTER ELLISON, SQUIRE PATTON BOGGS, COOPER GRACE WARD, WOTTON AND KEARNEY, ALLENS, GRIFFITH HACK LAWYERS PTY LTD, HOPGOOD GANIM, McCULLOUGH ROBERTSON