MENU

BHP back to square one

Mining behemoth BHP Billiton (ASX: BHP) has officially moved its global headquarters back to Collins Street in Melbourne – less than one block away from where the company held its first ordinary general meeting in 1885.

Having started out at 121 Collins Street West over a century ago, the company moved to Bourke Street and then to Lonsdale Street. Now, as of Monday the “Big Australian’s” headquarters will be 171 Collins St in Melbourne in what is the first premium office tower to be built at the street’s “Paris end” in more than 20 years, according to The Australian Financial Review.

Although it was recently announced that the company had opened a new office in New York, CEO Andrew Mackenzie has assured the market that it firmly remains an Australian company. He said “I am delighted that we are returning home to Collins Street, with our building celebrating our proud heritage and our commitment to the Australian community.”

Not buying BHP? Discover The Motley Fool’s favourite income idea for 2013-2014 in our brand-new, FREE research report, including a full investment analysis! Simply click here for your FREE copy of “The Motley Fool’s Top Dividend Stock for 2013-2014.”

More reading


Motley Fool contributor Ryan Newman does not own shares in any of the companies mentioned in this article.

Two New Stock Picks Every Month!

Not to alarm you, but you’re about to miss a very important event! Chief Investment Advisor Scott Phillips and his team at Motley Fool Share Advisor are about to reveal their latest official stock recommendation. The premium “buy alert” will be unveiled to members and you can be among the first to act on the tip.

Don’t let this opportunity pass you by – this is your chance to get in early!

Simply enter your email now to find out how you can get instant access.

By clicking this button, you agree to our Terms of Service and Privacy Policy. We will use your email address only to keep you informed about updates to our website and about other products and services we think might interest you. You can unsubscribe from Take Stock at anytime. Please refer to our Financial Services Guide (FSG) for more information.