Telstra is on track to become an unshakeable money-maker
Article Abstract:
Telstra Corp., the satellite telecommunications company, is expected to increase its profits and growth. In 1997-1998, Telstra earned 23.4 cents a share. In 1998-99, Telstra is expected to increase profit by 15% to 27 cents a share. Telstra will also be helped financially by an overall annual industry growth of 8-10% and its large cashflow for investment. Telstra, which has the largest share registry in Australia, bought a 15% equity in share registry Computershare.
Publication Name: Business Review Weekly
Subject: Business, general
ISSN: 0727-758X
Year: 1999
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The boys brokering the banks
Article Abstract:
Rod and Peter Higgins, two Australian brothers from Perth, have created a successful business with Mortgage Choice, a mortgage brokerage firm. Although they were met with resistance when they first started, their company wrote $2.5 billion in loans in 1998-99 which is just under 3% of the market and is making plans to expand globally beginning in 2000.
Publication Name: Business Review Weekly
Subject: Business, general
ISSN: 0727-758X
Year: 1999
User Contributions:
Comment about this article or add new information about this topic:
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