Over 70 per cent of eligible shareholders voted against the Xero board’s decision to award Sukhinder Singh Cassidy a target pay package of $25.5 million amid the company’s stock struggles. Key Takeaways Key Background Earlier this week Xero’s board rewarded chief executive Sukhinder Singh Cassidy with a 22 per cent pay rise, lifting her target […]
The war in Iran has caused conspicuous belt tightening among corporates, hitting Qantas’ bottom line. Yet premium travel is flourishing – a key metric as the airline prepares for Project Sunrise, its ultra-long-range flights to London and beyond.
Blackbird has raised $1.05b from prestigious global institutions like Morgan Stanley and Schroders to establish the biggest Australian VC fund yet.
Filings lodged with the SEC show Canva invested in Sharon AI during its December 2025 pre-IPO raise alongside the likes of Regal Funds Management and Ellerston Capital.
Xero is bumping CEO Sukhinder Singh Cassidy’s remuneration to US$18.5 million ($25.8 million), a jump of 22 per cent, arguing this places her in the median of US tech CEOs.
Canva had to delay its Canva AI 2.0 rollout after the booming costs of compute made the products uneconomical. The company has cut its AI costs and is ready to scale back up, founder Cliff Obrecht says.
Labor tech lieutenant Andrew Charlton will on Tuesday warn data centres alone will not enable Australia to capture enough economic value from AI.
Andrew Forrest’s Tenmile and the founders of Go1 have backed a new venture seeking to simplify ADHD assessment and treatment. Seven years ago Zac Altman sold his traveltech startup LoungeBuddy to American Express. Now, following a stint as a VP at the finance giant, Altman has raised $3.5 million in seed funding for a venture […]
Goodman Group’s 500MW Project Atlas campus will be one of Australia’s biggest data centres. The Department of Climate Change, Energy, the Environment and Water is pressing it to explain where it’ll get its power from. Key Takeaways The NSW Government is pushing property giant Goodman Group to support new renewable energy projects to power its […]
Me&u Reservations is a SaaS platform for hospitality venues that will compete with American Express-owned Resy and DoorDash’s SevenRooms – and which the startup hopes will be its second act.