Forbes: top 10 largest public companies in Australia
Business Chief APAC takes a closer look at Forbes’ top 10 largest public companies based on market value.
BHP Group — US$107.1bn
Founded in 1851, BHP is a leading global resource company for mining, minerals and petroleum. Its purpose is “to bring people and resources together to build a better world.” With a strategy to “have the best capabilities, best commodities and best assets, to create long-term value and high returns.”
Location: Melbourne, Australia
Industry: mining and minerals
Image source: BHP
CSL — US$92bn
Dating back to 1916, CSL focuses on rare and serious diseases and influenza vaccines, and is one of the largest protein-based biotechnology businesses as well as a leading provider of in-licensed vaccines.
“Over a century ago in Melbourne, Victoria, Australia, we made a promise to save lives and protect the health of people who were stricken with a range of serious and chronic medical conditions. Today, as a leading global biotech company, that same promise has never been stronger.”
Location: Melbourne, Australia
Industry: Biotechnology
Image source: CSL
Commonwealth Bank — US$72.6bn
Established in 1911, Commonwealth Bank is a leading provider of financial services within Australia. Commonwealth Bank’s products and services include those for: retail, premium, business and institutional banking, funds management, superannuation, insurance, investment and share broking.
Location: Sydney, Australia
Industry: Finance
Image source: Commonwealth Bank
Westpac Banking Group — US$38.4bn
Dating back to 1817, Westpac Banking Group has, for more than 200 years, been committed to helping Australians today, and will continue to do so in the future.
Westpac provides its customers with consumer, business and institutional banking and wealth management services via its portfolio of financial services brands and businesses.
“Our vision is to be one of the world’s great service companies, helping our customers, communities and people to prosper and grow.”
Location: Sydney, Australia
Industry: Finance
Image source: Westpac Banking Group
National Australia Bank (NAB) — US$32bn
Founded in 1981, National Australia Bank (NAB) is one of Australia’s oldest banks. NAB works with small, medium and large businesses, right from the beginning in order to support them through every stage of the business lifecycle.
Location: Melbourne, Australia
Industry: Finance
Image source: NAB
ANZ — US$31.3bn
Founded in 1835, ANZ Banking Group is among the top 4 banks in Australia. Its strategy is focused on “improving the financial wellbeing of its customers; having the right people who listen, learn and adapt; putting the best tools and insights into their hands; and focusing on those few things that really add value to customers and doing them right the first time.”
Location: Melbourne, Australia
Industry: Finance
Image source: ANZ
Woolworths — US$29.5bn
Founded in 1924, Woolworths Group, strives to deliver the best in convenience, value and quality for its customers. Via its mission is to “create better experiences together for a better tomorrow.”
Location: Bella Vista, Australia
Industry: Retail
Image source: Woolworth Group
Wesfarmers — US$28bn
Dating back to 1914, Wesfarmers has grown into one of Australia’s largest companies. Its operations include: home improvement and outdoor living; apparel and general merchandise; office supplies; and an Industrials division.
Location: Perth, Australia
Industry: Retail
Image source: Wesfarmers
Fortescue Metals Group — US$24.1bn
Founded in 2003, Fortescue Metals Group discovers and develops iron ore deposits and has constructed some of the most significant global mines. “We have grown to be one of the largest global iron ore producers and are focussed on our vision of being the safest, lowest cost, most profitable mining company.”
Location: Perth, Australia
Industry: mining and metals
Image source: Fortescue Metals Group
Telstra — US$23.7bn
Established in 1975, Telstra is a leading telecommunications and technology company based in Australia. Telstra offers its clients a full range of communications services.
“We believe it’s people who give purpose to our technology. That’s why our purpose is to build a connected future so everyone can thrive.”
Location: Melbourne, Australia
Industry: Telecommunications
Image source: Telstra
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