<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
REPORT ON FORM 10-K OF BAYOU INTERNATIONAL, LTD FOR THE YEAR JUNE 30, 1998
AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH REPORT.
</LEGEND>
<MULTIPLIER> 1,000
<CURRENCY> AUSTRALIAN DOLLARS
       
                             
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          JUN-30-1998
<PERIOD-END>                               JUN-30-1998
<EXCHANGE-RATE>                                   .620
<CASH>                                               1
<SECURITIES>                                     4,516
<RECEIVABLES>                                        0
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                                     1
<PP&E>                                               0
<DEPRECIATION>                                       0
<TOTAL-ASSETS>                                   4,518
<CURRENT-LIABILITIES>                              229
<BONDS>                                          3,585
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                         9,388
<OTHER-SE>                                     (8,684)
<TOTAL-LIABILITY-AND-EQUITY>                     4,518
<SALES>                                              0
<TOTAL-REVENUES>                                     0
<CGS>                                                0
<TOTAL-COSTS>                                        0
<OTHER-EXPENSES>                                   254
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                 290
<INCOME-PRETAX>                                  6,736
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                              6,736
<DISCONTINUED>                                   (952)
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                     5,784
<EPS-PRIMARY>                                      .14
<EPS-DILUTED>                                        0