Gary Morgan’s comment on the Roy Morgan August real unemployment estimates

Original article by Gary Morgan, Roy Morgan Research
Market Research Update – Page: Online : 15-Sep-16

In August Australia’s real unemployment was 10.4 per cent (1.332 million people looking for work, 159,000 more than a year ago) and under-employment was 7.1 per cent (917,000, down 27,000 in a year) – a total of 17.5 per cent (2.249 million) Australians looking for work or looking for more work. Part-time employment spiked in June and July leading into and encompassing the Federal Election period. This phenomenon is not surprising and is consistent with part-time employment increases measured by Roy Morgan before the 2010 and 2013 Federal Elections. Now that this period is past, part-time employment has fallen back as many of these employees are no longer employed while others are now employed full-time. Today’s Roy Morgan real unemployment figures show that much more must be done by the Turnbull Government to provide employment opportunities to Australians looking for work and looking for more work. For the last 51 months (more than four years) in excess of 1 million Australians have been unemployed, stretching back to May 2012, and clearly more than 2 million Australians have been either unemployed or under-employed in every month this year.

CORPORATES
ROY MORGAN RESEARCH LIMITED, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET

Australian real unemployment virtually unchanged at 10.4% (down 0.1%) in August and under-employment drops to 7.1% (down 1.9%)

Original article by Roy Morgan Research
Market Research Update – Page: Online : 15-Sep-16

Australian real unemployment was virtually unchanged at 10.4 per cent (down 0.1 per cent) in August 2016, nearly double the current ABS figure for July (5.7 per cent). However, this is a substantial increase in unemployment over the past year, with 1.332 million Australians (up 159,000 since August 2015) now unemployed. The Australian workforce has increased to 12,855,000 (up 104,000 since August 2015) over the last year, although total employment actually decreased to 11,523,000 (down 55,000). Meanwhile, a total of 2.249 million Australians, or 17.5 per cent of the workforce (the lowest since October 2015), were either unemployed or under-employed in August. This is up 132,000 from August 2015 (an increase of 0.9 per cent).

CORPORATES
ROY MORGAN RESEARCH LIMITED, AUSTRALIAN BUREAU OF STATISTICS

ANZ-Roy Morgan Australian Consumer Confidence rebounds to 118.1 (up 3.8pts) after strong GDP figures

Original article by Roy Morgan Research
Market Research Update – Page: Online : 14-Sep-16

ANZ-Roy Morgan Australian Consumer Confidence has risen by 3.3 per cent to 118.1 in the week ending 11 September 2016. The four-week moving average ticked up to 118.2, the highest level since late 2013. The GDP report for the June quarter, which highlighted the underlying strength of the Australian economy, was likely behind part of the rise in consumers’ optimism. The bounce in confidence was largely driven by households’ views of the economic outlook. Households’ views of the economic outlook in the next 12 months rose by 8.1 per cent, while consumers’ views of their current finances rose by 1.6 per cent.

CORPORATES
ROY MORGAN RESEARCH LIMITED, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ

Guzman y Gomez spice up the Customer Satisfaction Awards

Original article by Roy Morgan Research
Market Research Update – Page: Online : 14-Sep-16

Guzman y Gomez has won the Roy Morgan Research Customer Satisfaction Award for July 2016 in the category of Quick Service Restaurants. It had a customer satisfaction rating of 92 per cent among Australians aged 14+ who ate there in an average four weeks during the year to July. Grill’d was second with a customer satisfaction rating of 90 per cent, followed by Pizza Capers (88 per cent). Meanwhile, analysis of Quick Service Restaurant satisfaction by Roy Morgan’s Food Segments shows that 68 per cent of people in the "Take-it-aways" category visit a quick-service restaurant in an average four-week period, making them the most likely of the seven food segments to do so.

CORPORATES
ROY MORGAN RESEARCH LIMITED, GUZMAN Y GOMEZ PTY LTD, GRILL’D PTY LTD, PIZZA CAPERS, OPORTO PTY LTD, McDONALD’S AUSTRALIA LIMITED, SIZZLER RESTAURANTS AUSTRALIA LIMITED, CHICKEN TREAT (AUSTRALIA) PTY LTD, HUNGRY JACK’S PTY LTD

Gary Morgan comment on this week’s strong Consumer Confidence result

Original article by Gary Morgan, Roy Morgan Research
Market Research Update – Page: Online : 14-Sep-16

This week’s rise in the ANZ-Roy Morgan Consumer Confidence Index, up 3.8pts to 118.1, comes after a strong Australian GDP result last week which showed the Australian economy growing at an annual rate in the year to June of 3.3 per cent. This is the fastest annual GDP growth for the Australian economy for four years since 2012. Although this week’s increase in Consumer Confidence might seem to contradict the fall in the Roy Morgan Business Confidence – down 7.5pts to 108.6 in August, released yesterday, the two indicators are measured over a different time period (the month of August compared to the weekend just past) and have therefore been impacted by different socio-economic drivers.

CORPORATES
ROY MORGAN RESEARCH LIMITED, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ

Business Confidence slumps in August – down 6.5% to 108.6 after interest rate cut; lowest since Turnbull became PM

Original article by Roy Morgan Research
Market Research Update – Page: Online : 13-Sep-16

Roy Morgan Research’s Business Confidence fell 6.5% to 108.6 in August. The fall in Business Confidence comes after the RBA cut interest rates to a record low 1.5% in early August. The fall in Business Confidence was far larger than the small fall of the Australian All Ordinaries in August – the All Ordinaries ended August at 5,529 (down 2.0% (or 115pts) from July 31, 2016, 5,644) although the All Ordinaries has fallen further in September – now at 5,324 as of September 12. The fall in Business Confidence in August means Business Confidence has dipped below the 6yr average of 116.6.

CORPORATES
ROY MORGAN RESEARCH LIMITED, RESERVE BANK OF AUSTRALIA, STANDARD AND POOR’S ASX ALL ORDINARIES INDEX, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ

Blockbusters drive cinema attendance to new heights

Original article by Roy Morgan Research
Market Research Update – Page: Online : 13-Sep-16

A Roy Morgan Single Source survey has found that 28 per cent of Australians aged 14+ (5.6 million people) went to the cinema in an average four weeks in the year to June 2016. The survey also shows that Australians aged 14-24 were by far the most likely to go to the movies in an average four weeks (40 per cent), ahead of 25-34 year-olds (30 per cent), 35-49 year-olds (28 per cent), and 23 per cent of those aged 50+. Meanwhile, 21 per cent of Australians aged 14+ visited a theatre chain in an average four weeks, while 12 per cent cite newspapers’ movie listings and reviews as a section they "especially choose to read".

CORPORATES
ROY MORGAN RESEARCH LIMITED, HOYTS CINEMAS LIMITED, EVENT CINEMAS (AUSTRALIA) PTY LTD, VILLAGE CINEMAS AUSTRALIA PTY LTD, PALACE CINEMAS

Women still lag behind men in retirement funding but closing the gap

Original article by Roy Morgan Research
Market Research Update – Page: Online : 13-Sep-16

Roy Morgan Research’s "State of the Nation – Spotlight on Finance Risk" report shows that women account for 1.4 million of the 2.9 million Australians in the pre-retiree group (aged 50 to 64 and working). The average retirement savings among these women have been well behind that of their male counterparts, but they are gradually closing the gap from being 57.7 per cent of the male average in 2008 to 63 per cent in 2016. Since 2008, the average net wealth of pre-retired women has gone from $A183,000 to $A232,000, an increase of 26.8 per cent. For men in the pre-retired group, the growth in average net wealth went from $A317,000 to $A368,000, an increase of 16.1 per cent. However, the average retirement fund balance of women is still less than two thirds (63 per cent) that of their male counterparts.

CORPORATES
ROY MORGAN RESEARCH LIMITED

More Australians now have SVOD than Foxtel

Original article by Roy Morgan Research
Market Research Update – Page: Online : 9-Sep-16

A Roy Morgan Single Source survey has found that 50 per cent of Australians aged 14+ (9.8 million) had access to one or more types of paid TV services in their home in the six months to August 2016. The survey also shows that 28 per cent of Australians (5,595,000 people) have Subscription Video on Demand, while 27 per cent (5,309,000) have linear pay-TV. The bulk of SVOD’s growth is attributable to Netflix, but other services can now be found in the homes of around 1.4 million Australians. However, over 60 per cent of these subscribers also have Netflix.

CORPORATES
ROY MORGAN RESEARCH LIMITED, FOXTEL MANAGEMENT PTY LTD, NETFLIX INCORPORATED, STAN ENTERTAINMENT PTY LTD, PRESTO ENTERTAINMENT PTY LTD, QUICKFLIX LIMITED – ASX QFX, YOUTUBE RED, FOXTEL PLAY, FETCHTV PTY LTD

Long holidays not an option for most Australians

Original article by Roy Morgan Research
Market Research Update – Page: Online : 9-Sep-16

A Roy Morgan Single Source survey has found that of the 13.8 million Australians aged 14+ who took at least one holiday in the past year, more than 45 per cent were away for just three or less nights on their last trip. In contrast, just 4.1 per cent took off for a month or more. Holidays of between four and seven nights accounted for 15 per cent of travellers, while 12.9 per cent were away for between eight and 14 nights. From there, numbers drop dramatically, with just 4.7 per cent taking a holiday of 15-21 nights and 3.3 per cent enjoying a longer trip of 22-30 nights. Overall, the average length of a holiday taken by Australians in the 12 months to June 2016 was 8.5 nights.

CORPORATES
ROY MORGAN RESEARCH LIMITED