News & Analysis

Logistics software venture WiseTech sees shares soar after profit jump

- August 21, 2019 3 MIN READ

Wisetech Global CEO & founder Richard White.   WiseTech is a Sydney-based logistics company that’s pushed hard into tech in recent years Its shares jumped after beating its own revenue growth predictions for FY19 The company has invested heavily in tech development and acquisitions to scale rapidly Operating profit increased 37% to $80.2 million WiseTech… Read more »

News & Analysis

StartupAUS is worried about the ACCC’s take on big business buying startups

- August 2, 2019 2 MIN READ

StartupAus CEO Alex McCauley. Photo: supplied StartupAUS is concerned about the damage last week’s ACCC report into digital platforms could cause to the startup sector if the competition watchdog’s views on mergers and acquisitions are implemented. The landmark inquiry and its 620-page report, which focused in part on the power of Facebook and Google, raised concerns… Read more »