08
Telstra
$ 18.61bn | telstra . com . au Melbourne-based telecommunications company Telstra reported a net revenue $ 18.61bn in 2017 . This represents a 0.9 % decrease in revenue since 2016 ,
continuing a five-year downward revenue trend since the high point of $ 26bn in 2013 . The company provides both domestic and international telecoms services , as well as internet and cable . It is the biggest telecommunications provider in the region . In January 2018 , Telstra announced its plan to invest in two major undersea cable construction projects . The HKA and PLCN cables will connect Hong Kong with the west coast of the United States , and “ provide ... customers with greater resiliency due to bypassing areas prone to natural disasters ,” ZDNet reports .
07
National Australia Bank
$ 24.18bn | nab . com . au The National Australia Bank , Ltd . ( NAB ) provides comprehensive banking services in Australia , New Zealand and
the UK . The Melbourne-based banking house reported a net revenue of $ 24.18bn in 2017 . This represents the continuation of a five-year trend of revenue reduction , from the high point of $ 40.48bn in 2013 . Profits have also fallen in 2017 by over $ 600mn , and NAB reduced its asset portfolio in 2017 by over $ 500mn .
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