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One of the leading telecommunications and internet services provider of Australia iiNet (IIN), is planning to move forward with a plan to boost the customer base to million before the national broadband network is completed by the federal Government. iiNet suspended its shares before making an announcement early Thursday regarding its decision to buy its Victoria based competitor Netspace for as much as $75 million.
Oroton (ORL), an upmarket Australian fashion house, has found that even during the global financial crisis, women were still in the market for pricey upmarket handbags and accessories. Sally Macdonald, the Oroton Chief Executive joined Oroton Group in September 2006 when the company reported a $9.4 million loss a result of high costs, underperforming brands and a string of dud acquisition deals under the leadership of controlling shareholders the Lane family.
Myer (MYR) has warned that sales for Australia's largest department store chain maybe flat as consumers no longer have the free government bonus handout cash to spend. The company had beaten forecasts and reported a 38 percent rise in their first half underlying profit due mainly to cost cutting and through selling higher margin private label products.
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Top 150 Public Companies Listed on the Australian Stockmarket as at 29/05/2009
- BHP Billiton
- Westpac Banking Corporation (WBC)
- Commonwealth Bank of Australia (CBA)
- National Australia Bank (NAB)
- Telstra (TLS)
- ANZ
- News Corporation (NWS)
- Woolworths Limited(WOW)
- Woodside Petroleum Limited (WPL)
- Rio Tinto
- Westfield Group (WDC)
- Westfarmers Limited (WES)
- QBE Insurance
- CSL
- Newcrest Mining Limited (NCM)
- Origin Energy Limited (ORG)
- Santos Limited (STO)
- AMP Limited (AMP)
- Maquarie Group (MQG)
- Foster’s Group Limited (FGL)
