This Month
Canva, Cotton On and Atlassian among the top 20 corporate givers
The amount of funds donated by the top 50 corporate philanthropists has jumped to $1.7 billion.
- Sally Patten
November
Start-up stars: what’s happened to tech’s Class of 2021
VC firms that wrote huge cheques on very generous valuations in 2021 are now nervously watching Australia’s most heavily backed start-ups. How are they going now?
- Tess Bennett
‘Nanny state’: Top techies slate rushed social media laws
Australia’s tech sector was stunned at being given only 24 hours to respond to new social media laws, and warns they are ill-defined and risk unintended consequences.
- Paul Smith
Election donation rules target Palmer and Climate 200
New rules due to come into force in 2026 will cap spending in federal elections and dramatically speed up public disclosure rules.
- Tom McIlroy
Atlassian co-founders $5b richer as Cannon-Brookes answers doubters
An after-market rally on Wall Street has added about $2.5 billion apiece to the fortune’s of Mike Cannon-Brookes and Scott Farquhar.
- Tess Bennett
October
Why Cannon-Brookes is under pressure over first solo Atlassian result
Shares in Atlassian have rallied 20 per cent in the last month, with investors betting the CEO is under-promising and over-delivering.
- Tess Bennett
- Exclusive
- Funding
PE giant buys in as Aussie AI infrastructure start-up raises $45m
Swedish private equity giant EQT is one of the lead investors in a $45 million funding round at Australian AI infrastructure start-up Neara.
- Paul Smith
Angry members brand Tech Council a ‘billionaires lunch club’
The industry association for some of the country’s largest technology firms failed to act on allegations against WiseTech founder Richard White, they say.
- Tess Bennett and Amelia McGuire
Tech Council board picked Richard White over Robin Khuda
One must pity the Tech Council of Australia, newly tied to Richard White, who joined its board in late June.
- Myriam Robin
NAB no longer hosting Richard White
No man is an island – not even a billionaire. All have some vulnerability to the headlines, even when seemingly determined to ride them out.
- Myriam Robin
ASX slumps; Beirut bombarded; The whole world’s going private
Read everything that’s happened in the news so far today.
Scott Farquhar and Kim Jackson sell Point Piper’s Elaine for $130m
Atlassian co-founder Scott Farquhar and his wife Skip Capital’s Kim Jackson sold their unused waterfront mansion Elaine in Point Piper for about $130 million.
- Bonnie Campbell
September
KKR, Kim Jackson’s Skip Capital win $3b Queensland Airports race
Queensland Airports Limited is KKR’s first airports deal around the world.
- Updated
- Sarah Thompson, Kanika Sood and Emma Rapaport
The five most powerful Australian tech leaders in 2024
The biggest deal of the year, the end of an era at Atlassian and the rising influence of super funds helped to shape the list of technology’s most powerful in 2024.
- Updated
- Paul Smith
What this CEO learnt from Mike Cannon-Brookes and Scott Farquhar
Culture Amp chief Didier Elzinga met the Atlassian duo at an awards function years ago, and got an insight into scalable business models.
- Sally Patten and Lap Phan
WiseTech’s Richard White in $400m cash deluge
Richard White continues to free up an awful lot of cash.
- Myriam Robin
Farquhar’s Atlassian era passes without a grand farewell
Co-founders Scott Farquhar and Mike Cannon-Brookes spent their final day of as co-CEOs working from home. Venture capitalists say Farquhar’s influence goes beyond Atlassian.
- Tess Bennett
August
Atlassian founders $3.8b poorer as market punishes revenue miss
Slowing revenue growth has dampened Scott Farquhar’s final showing as co-CEO of Atlassian.
- Tess Bennett
July
Genex to depart ASX after investors back J-Power takeover
Shareholder approval of the deal, worth more than $1 billion including debt, was in little doubt after 19.9 per cent investor Skip Capital revealed it would back it.
- Angela Macdonald-Smith
- Exclusive
- Mergers & acquisitions
Farquhar’s Skip Capital will back J-Power’s takeover of Genex
The Atlassian billionaire’s fund owns 19.9 per cent of the ASX-listed renewable energy group. Its support removes a major roadblock for the Japanese utility.
- Angela Macdonald-Smith
