Business

Airwallex and McLaren have teamed up with the Aboriginal artist who did burnouts in a Rolls-Royce for the Melbourne F1

- February 26, 2025 2 MIN READ

If you’ve ever had a meal at di Stasio’s Citta in Melbourne, or watched the Matildas play Japan last week, you’ve seen the work of Kamilaroi artist Reko Rennie. Rennie’s 8-minute video, OA_RR, driving a Rolls Royce in burnouts in the desert country of his grandmother, plays behind the bar at the Italian restaurant, and… Read more »

Richard White
ASX

Prodigal founder: Richard White returns to WiseTech as executive chairman after boardroom bloodletting

- February 26, 2025 3 MIN READ

Wisetech Global’s former CEO, Richard White, finally has a new job at the logistics software company he founded 30 years ago – executive chairman. The appointment follows the resignation of former chair Richard Dammery and three other non-executive directors, Lisa Brock, Michael Malone and Fiona Pak-Poy, on Monday in a battle for control of the… Read more »

Business

Nothing ventured, plenty gained: EV charging startup Jolt borrows $214 million for Canada roll out

- February 25, 2025 2 MIN READ

Sydney advertising and electric vehicle charging startup Jolt has eschewed VC funding for its latest global expansion, instead striking a $214 million (C$194m) loan agreement with the Canada Infrastructure Bank (CIB) to fast track its charging network across the top of North America.  The funds will see Jolt install 1,500 fast and free kerbside chargers… Read more »

Fleet Space Technologies
Business

Fleet Space teams up with US hydrogen explorer startup in global hunt for renewable energy

- February 25, 2025 2 MIN READ

South Australian satellite exploration startup Fleet Space has partnered with US startup Koloma in the hunt for natural hydrogen around the world. Fleet’s space-based mapping platform, ExoSphere, will be used by Koloma, which has raised US$400 million in venture funding, to generate real-time 3D subsurface imaging of prospective hydrogen-forming geological formations. While many tech companies… Read more »

Business

Call centre software veteran Local Measure doubles valuation in $100 million sale to Zendesk

- February 25, 2025 2 MIN READ

A Sydney call centre startup is being acquired by US global services platform Zendesk for a reported $100 million. The deal for Local Measure comes 14 years after it was founded by CEO Jonathan Barouch. Zendesk CEO Tom Eggemeier said the acquisition accelerates his company’s expansion into larger, more complex service environments, enhances its AI… Read more »

Business

Gilmour Space’s first rocket launch from Queensland is just weeks away

- February 24, 2025 2 MIN READ

Federal authorities have finally given the green light for Gold Coast rocket builder Gilmour Space Technologies to launch Eris, the first Australian-designed and built rocket for orbit. The space tech startup said the weeks after March 15 are the window for its inaugural flight.  The Civil Aviation Safety Authority (CASA) and Airservices Australia signed off on… Read more »

WiseTech Global founder and CEO Richard White
ASX

Four WiseTech Global directors, including the chair, resign in fight over founder Richard White’s future – and the logistics company’s share fell 21%

- February 24, 2025 3 MIN READ

Four independent non-executive directors (NED), on the WiseTech board, including chair Richard Dammery, have resigned and will depart from the company when its half-yearly results are released on Wednesday. The other NEDS stepping down are Lisa Brock, Michael Malone and Fiona Pak-Poy. Joining as a new director of the ASX-listed logistics software business is Shearwater… Read more »

BNPL, Afterpay, Klarna
Business

ASIC is cracking down on buy now pay later fintechs and wants to know what everyone thinks

- February 24, 2025 2 MIN READ

Corporate and and financial services the Australian Securities and Investment Commission (ASIC) is seeking feedback on its new regulatory guidance for the buy now pay later (BNPL) sector New laws offering increased protections for consumer users of BNPL kick in from June 2025, treating BNPL as a credit product. That means BNPL providers will need… Read more »

WiseTech Global founder and CEO Richard White
ASX

WiseTech shares are in a trading halt until next week

- February 20, 2025 3 MIN READ

WiseTech Global shares were placed in a trading halt on Thursday morning at the logistic company’s request amid undisclosed governance concerns. Trade is not expected to resume until at least Monday, February 24. An update on the review was expected when the company reports on Wednesday. “The trading halt is requested to enable the Company… Read more »

Accelerator

LaunchVic’s latest 30×30 unicorn program blesses 11 scaleups with $1 billion potential

- February 20, 2025 2 MIN READ

 LaunchVic, has selected 11 new scaleups to be part of the ongoing 30X30 program, which helps fast-growing get their organisational ducks in a row on the path to unicorn status – a $1 billion+ valuation – by the end of the decade. The Victorian government’s startup body developed the fully subsidised four-month program to connect… Read more »

ASX

Airtasker’s getting into F1 sponsorship too

- February 20, 2025 2 MIN READ

A week after Atlassian announced it would be lead sponsor of the Williams Racing Formula One team, ASX-listed Airtasker is slapping its name on the Visa Cash App Racing Bulls (VCARB) F1 team. It’s not that VCARB is going to be post “Wanted: someone to change 4 tyres in under 2 seconds” on the casual… Read more »