Atlassian defies ‘SaaSpocalypse’ fears, jumps 35% after strong earnings

Mike Cannon-Brookes handed down what could be a landmark earnings report for Atlassian, with the company swinging from a US$24 million loss a year ago to US$139 million of profit. Key Takeaways Key background It has been a tough year for Atlassian investors – before these earnings, its stock was down 40 per cent over […]

Indigenous edtech platform championed at TechDiversity 2026 Awards

A free app to help Australians quit smoking and “flight simulator for healthcare” were among other award winners at the 2026 TechDiversity Awards in Sydney. An AI-powered edtech platform that helps corporations build inclusive workplaces for First Nations cultures has been awarded the TechDiversity Champion title, the highest honour bestowed at the annual Tech Diversity […]

Rocket Lab alum raises $10.5m to build ‘anti-gravity chamber’ for space manufacturing

Outlier Space has raised an unusually large $10.5 million pre-seed round to build a satellite designed to help companies manufacture pharmaceuticals, silicon and other advanced materials in microgravity. Space is becoming a new frontier of advanced manufacturing thanks to the wonders of microgravity. That may sound like sci-fi, but antipodean investors are betting it will […]

Atlassian warns more AI use will not magically lift productivity

Fortune 500 companies are embracing AI, but few can measure a tangible return. Atlassian’s chief people and AI enablement officer says widespread adoption means little unless businesses redesign the processes around it. The executive in charge of Atlassian’s internal AI tooling says the world’s biggest companies are struggling to see productivity gains from AI, and […]

Shemara Wikramanayake steps down as Macquarie CEO

Macquarie head of banking and infrastructure Greg Ward will in November take the reins from Wikramanayake, who has led the bank for eight years. Key Takeaways Key Background Wikramanayake is a Macquarie lifer, having joined the Millionaire’s Factory in 1987 – just two years after Macquarie Bank was spun out of UK firm Hill Samuel. […]