No surrender for Mitre 10 in hardware war

Article Abstract:

Mitre 10 (Australasia) Holdings Ltd. has emerged as Australia's largest hardware retailer after five years of fighting its competition. Mitre 10 is a marketing and buying co-operative of 720 owner-operated stores and has a 13.8% share of the hardware market and a retail turnover of its members estimated at $1.52 billion. BBC Hardware Ltd. claims sales of more than $1.2 billion. John Rutherford, chief executive of Mitre 10, says Mitre 10 will merge its two regional companies, but he has ruled out a public float.

Hardware Manufacturing, Hardware, not elsewhere classified, Hardware, Retail industry, Retail trade, Cover Story, Hardware industry, Mitre 10 (Australasia) Holdings Ltd., Rutherford, John

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Taxing times ahead for charities

Article Abstract:

Most Australian charitable organizations are not prepared to face the compliance pressures of the goods and services tax (GST) and the extension of the fringe benefits tax (FBT). The coming of the FBT and the GST will impose new demands on the budgets of charities. As more Australians make charitable donations, the donating community expects accountability from charities. Australia's top 30 charities raised $560 million from the public in 1998.

Tax Law, Public Finance Activities, Taxation, Finance, Charities, Non-governmental organizations, Nongovernmental organizations, Employee benefits, Tax policy, International Committee of the Red Cross, Goods and services tax, Salvation Army

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A fair share on the sidelines

Article Abstract:

Michele O'Halloran, former general manager of the share registry Computershare, is watching the company's progress from her home. O'Halloran resigned in 1997, and she owns 4.23 million shares, valued at more than $75 million, of her former company. She spends her time traveling and with her family, but O'Halloran is handling the relocations and plans for Computershare's 21st anniversary.

Prepackaged software, Software Publishers, Business Software (Micro), Security and Commodity Services, Securities & Commodities Services, Securities, Commodity Contracts, and Other Financial Investments and Related Activities, Business management software, Suites (Software), Securities industry, Computershare, O'Halloran, Michele

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