‘There’s a lot of money in the room’

Original article by John Kehoe
The Australian Financial Review – Page: 10 : 26-Feb-18

Seven Network owner Kerry Stokes says US President Donald Trump is more engaging than he had expected. Stokes is one of a number of Australian executives to have accompanied Prime Minister Malcolm Turnbull on his visit to the US, and whom Turnbull introduced to Trump. QIC CEO Damien Frawley said the White House was clearly a lot more organised than it has been portrayed in the media, while Business Council of Australia president Grant King said it was clear that Trump is "getting some things done".

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SEVEN NETWORK LIMITED, UNITED STATES. EXECUTIVE OFFICE OF THE PRESIDENT, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, QIC LIMITED, BUSINESS COUNCIL OF AUSTRALIA, WESFARMERS LIMITED – ASX WES, IFM INVESTORS PTY LTD, COMMONWEALTH BANK OF AUSTRALIA – ASX CBA, LEND LEASE GROUP LIMITED – ASX LLC, QANTAS AIRWAYS LIMITED – ASX QAN, RIO TINTO LIMITED – ASX RIO, AMP CAPITAL INVESTORS LIMITED, FORTESCUE METALS GROUP LIMITED – ASX FMG, GOLDMAN SACHS AUSTRALIA PTY LTD, PRATT INDUSTRIES PTY LTD

Aussies tourists say No worries about President Trump

Original article by Roy Morgan
Market Research Update – Page: Online : 25-Jan-18

A Roy Morgan Single Source survey, which was conducted in the year to November 2017, has found that 17.9% of Australians aged +14 would like to holiday in the US for at least one night in the next two years – up 0.5% on a year ago. Interviewing for the latest overseas holiday intention results was conducted entirely after the election of Donald Trump in November 2016, and it shows that the controversial US President has not had a negative impact on holiday intentions to the US. Other leading overseas holiday destinations include New Zealand, mentioned by 13.7% of Australians (unchanged from a year ago), and the UK, which was mentioned by 13.4% of Australians (up 0.2% from a year ago). The leading Asian destination was again Japan, mentioned by 8.1% of Australians and showing the most impressive growth over the past year – up by 1.4% and now ahead of traditional European holiday destinations France (7.3%) and Italy (7.0%).

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ROY MORGAN LIMITED, UNITED STATES. EXECUTIVE OFFICE OF THE PRESIDENT

Investor U-turn amid signs the wheels are falling off Trump rally

Original article by Philip Baker
The Australian Financial Review – Page: 27 : 23-Aug-17

The Dow Jones Industrial Average has gained 18 per cent since the US presidential election in November 2016. However, US investor and hedge fund manager Ray Dalio says the uncertainty surrounding the Trump administration may provide the catalyst for a sharemarket correction. The future of President Donald Trump’s much-touted corporate and personal income tax cuts in particular is uncertain, and a sell-off is likely if the reforms are not passed by Congress.

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DOW JONES INDUSTRIAL AVERAGE INDEX, UNITED STATES. EXECUTIVE OFFICE OF THE PRESIDENT, DEMOCRATIC PARTY (UNITED STATES), REPUBLICAN PARTY (UNITED STATES)

Overreaction presents chance to buy on dip

Original article by David Rogers
The Australian – Page: 27 : 13-Jul-17

Australia’s benchmark S&P/ASX 200 Index reached an intra-day low of 5,665.6 points on 12 July 2017, before closing one per cent lower. The domestic bourse has shed 0.8 per cent so far in July, which may be a timely opportunity for investors to buy into the market. Meanwhile, although investors remain concerned about the political risk associated with US President Donald Trump, Citigroup believes that impeachment is unlikely despite the revelations concerning a meeting between Trump’s son and a Russian lawyer.

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STANDARD AND POOR’S ASX 200 INDEX, CITIGROUP PTY LTD, UNITED STATES. EXECUTIVE OFFICE OF THE PRESIDENT, REPUBLICAN PARTY (UNITED STATES)

Trump to abandon climate deal

Original article by
The Australian – Page: 8 : 29-May-17

US President Donald Trump has advised via Twitter that he will decide whether to commit to the Paris Agreement on climate change in the next week. However, some news agencies have reported that Trump has told several confidants that the US will withdraw from the agreement. Meanwhile, the Group of Seven summit meeting in Italy has issued a statement in which member nations agreed to combat protectionism and unfair trade practices. The G7 nations also condemned North Korea’s missile tests and warned that the outlook for the global economy remains uncertain.

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GROUP OF SEVEN (G-7), UNITED STATES. EXECUTIVE OFFICE OF THE PRESIDENT

Donald Trump slams ‘dumb’ refugee deal with Australia after ‘worst’ phone call

Original article by Stephanie Anderson, Henry Belot
abc.net.au – Page: Online : 3-Feb-17

Prime Minister Malcolm Turnbull says US President Donald Trump has committed to honouring a deal made by predecessor Barack Obama to accept refugees being held on Manus Island and Nauru. However, Trump has used Twitter to criticise what he has branded a "dumb deal", just hours after discussing the issue in a telephone call to Turnbull. The Australian National University’s Professor Donald Rothwell says the Trump Administration has no legal obligation to accept the refugee deal, as it did not constitute a treaty.

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AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, UNITED STATES. EXECUTIVE OFFICE OF THE PRESIDENT, AUSTRALIAN NATIONAL UNIVERSITY, AUSTRALIAN LABOR PARTY, UNITED STATES. DEPT OF STATE, TWITTER INCORPORATED

For markets, the devil was in the lack of detail

Original article by Jonathan Shapiro
The Australian Financial Review – Page: 13 & 29 : 13-Jan-17

Ewa Turek of Morgan Stanley notes that the first press conference of US president-elect Donald Trump offered few details of the policies he will prioritise after taking office. US markets posted modest gains in response to the press conference, while the Australian market dipped slightly. Garry Laurence of Perpetual adds that investors are waiting for more details of Trump’s policies, as well as guidance regarding the outlook for US interest rates.

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MORGAN STANLEY AUSTRALIA LIMITED, UNITED STATES. EXECUTIVE OFFICE OF THE PRESIDENT, STANDARD AND POOR’S ASX 200 INDEX, PERPETUAL LIMITED – ASX PPT, WINGATE ASSET MANAGEMENT PTY LTD, MORGAN STANLEY WEALTH MANAGEMENT AUSTRALIA PTY LTD, UNITED STATES. FEDERAL RESERVE BOARD

America: What Now? An Autopsy of the 2016 Election. Today, Wednesday December 7: 6pm – 8pm at Morgans at 401. 401 Collins St.

Original article by Roy Morgan Research
Market Research Update – Page: Online : 7-Dec-16

As the dust settles on the 2016 United States election, the complex process of preparing to govern a bitterly divided nation begins for President-Elect Trump. And the long, slow process of post-mortem begins for political scientists, who along with pollsters, pundits and experts, were shocked once again to find that Trump had proved them all wrong, defied expectations, and remade American politics in the process. Or at least, that’s the news headlines. But with Hillary Clinton winning the popular vote and a small, fractious Republican Congressional majority, Trump’s victory is not all it seems. When Trump enters the White House in January of 2017 he will do so with an enormous weight of expectation upon his shoulders, an extremely challenging policy environment, and unprecedented unpopularity across the general population, and fair-weather allies in Congress. Full details: http://www.humanities21.com.au/event/america-what-now

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UNITED STATES. EXECUTIVE OFFICE OF THE PRESIDENT, REPUBLICAN PARTY (UNITED STATES), HUMANITIES 21 INCORPORATED

Good news for Rupert Murdoch’s empire

Original article by John Kehoe
The Australian Financial Review – Page: 17 : 18-Nov-16

Rupert Murdoch’s News Corporation and 21st Century Fox will benefit from plans by president-elect Donald Trump to reduce the US corporate tax rate from 35 per cent to 15 per cent. Trump’s vow to block the proposed merger of telco AT&T and media giant Time Warner will also be welcomed by Murdoch, who made an aborted takeover bid for the latter in 2014. Likewise, Trump’s election win has ensured that he will not establish a TV network that would target a similar audience to Murdoch’s Fox News.

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NEWS CORPORATION – ASX NWS, 21ST CENTURY FOX INCORPORATED, AT&T CORPORATION, TIME WARNER INCORPORATED, FOX NEWS, UNITED STATES. EXECUTIVE OFFICE OF THE PRESIDENT, REPUBLICAN PARTY (UNITED STATES), DEMOCRATIC PARTY (UNITED STATES)

Turnbull reaffirms Paris accord

Original article by Sarah Martin
The Australian – Page: 4 : 11-Nov-16

The Australian Government will not change its commitment to the Paris Agreement on climate change. US President-elect Donald Trump signalled his willingness to withdraw from the Paris Agreement, but Prime Minister Malcolm Turnbull said Australia will continue to pursue its action on global warming. Foreign Minister Julie Bishop and Energy Minister Josh Frydenberg will participate in a global meeting in Morocco in mid-November 2016.

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UNITED STATES. EXECUTIVE OFFICE OF THE PRESIDENT, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, AUSTRALIA. DEPT OF FOREIGN AFFAIRS AND TRADE, AUSTRALIA. DEPT OF INDUSTRY, INNOVATION AND SCIENCE, BUSINESS COUNCIL OF AUSTRALIA