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.

Telephone communications, exc. radio, Satellite Communications, Satellite Telecommunications, Security and Commodity Services, Securities & Commodities Services, Securities, Commodity Contracts, and Other Financial Investments and Related Activities, Finance, Securities industry, Satellite communications services industry, Telstra Corporation Ltd., Computershare

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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.

Mortgage Bankers and Brokers, Mortgage Bankers & Brokers, Mortgage and Nonmortgage Loan Brokers, Mortgage banks, Higgins, Peter, Higgins, Rod, Mortgage Choice

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