Commonwealth Bank leads a group of 35 Australian firms ranked among Forbes’ annual Global 2000 list, which calculates the world’s 2,000 largest public companies by looking at sales, profits, assets and market value.
The list is again headed by a trio of Chinese banks – Industrial and Commercial Bank of China, China Construction Bank and Agricultural Bank of China.
CBA is the top-ranked Australian company at No.58 with a market value of $US99.2 billion ($A137.71 billion).
Rivals Westpac (72), ANZ (84) and National Australia Bank (88) are also in the top 100, with telco giant Telstra the next highest-ranked Australian company at No.262.
Wesfarmers (264) and supermarket rival Woolworths (760) both feature, as do insurance giants Suncorp (530), QBE (571) and IAG (891).
At No.455, BHP Billiton is the highest-placed of Australia’s resource companies, with Rio Tinto classified as a UK company courtesy of its dual listing on the London Stock Exchange.
AUSTRALIAN COMPANIES IN THE TOP 2000
58 Commonwealth Bank
88 National Australia Bank
343 Macquarie Group
455 BHP Billiton
1140 Lend Lease
1161 Fortescue Metals Group
1260 Caltex Australia
1264 Origin Energy
1298 Goodman Group
1304 Vicinity Centres
1538 Ramsay Health Care
1568 Bendigo & Adelaide Bank
1607 Newcrest Mining
1723 GPT Group
1852 Bank of Queensland
Local News Matters
Media diversity is under threat in Australia – nowhere more so than in South Australia. The state needs more than one voice to guide it forward and you can help with a donation of any size to InDaily. Your contribution goes directly to helping our journalists uncover the facts. Please click below to contribute to InDaily.