Telstra CEO Andy Penn is stepping down from the role he’s held for seven years, with the telco’s Chief Financial Officer, Vicki Brady taking the helm as its first female CEO. Brady joined Telstra in 2016 and has held the roles of Group Executive, Consumer and Small Business, and in July 2019, was appointed CFO… Read more »
LaunchVic CEO Dr Kate Cornick has won the Global Policy Champion award at the annual Global Entrepreneurship Congress (GEC) in Riyadh, Saudi Arabia. The GEC is a gathering of startup champions from around the world who are collaborating to develop a global entrepreneurship ecosystem. The congress is heading to Australia for the first time in… Read more »
The dramatic shift from mining and property to technology to generate wealth in Australia has made Atlassian co-founders Mike Cannon-Brookes and Scott Farquhar, and Canva’s Melanie Perkins and Cliff Obrecht among the country’s top 10 richest people. The Australian’s 2022 edition of The List – Australia’s Richest 250, to be released on Friday, names Hancock… Read more »
AustCyber CEO Michelle Price is leaving today after four years to become a partner at EY. Price has been with the government-backed organisation, which merged a year ago with startup hub Stone & Chalk, since its inception in January 2017 as Australia’s Cyber Security Industry Growth Centre. Her role will not be replaced with Stone… Read more »
When Sydney high school student Nick Mihailou doesn’t have his nose buried in homework and assignments, he’s busy moonlighting as a tech entrepreneur with an app development agency. Mihailou launched his startup Appstra, aged 15, and as CEO, now has a team of 10 working beside him as he takes on six-figure contracts to build… Read more »
Tesla chair and Blackbird partner Robyn Denholm is the latest tech titan bitten by the sports bug, buying into Australian basketball team The Sydney Kings. Denholm’s 30% share in the Kings, via her family investment office, Wollemi Capital Group (WGC), also includes Women’s NBL club Sydney Flames. Majority owner and Kings chairman Paul Smith is… Read more »
The Reserve Bank of Australia was roiled on Thursday by the resignation of its Deputy Governor Guy Debelle, who is leaving with only six days’ notice. Dr Debelle said that he was resigning to become chief financial officer of Andrew Forrest’s Fortescue Future Industries, a company investing in zero-emission technologies such as green hydrogen. The… Read more »
Tesla chair and Blackbird operating partner Robyn Denholm is among three heavy hitters from the tech and VC scene on a new voluntary panel charged with advising the NSW government on local and international investment opportunities. Denholm, who’s also chair of the Tech Council of Australia, has been joined by AirTree Ventures founder Daniel Petre… Read more »
Sustainable energy retailer Amber Electric and medtech Seer Medical have been named joint winners of Victorian Startup of the Year in the inaugural Governor of Victoria Startup Awards, announced last night. The Awards, supported by Linda Dessau, Governor of Victoria, celebrate the state’s leaders and investors in the startup sector. She hosted the winners at… Read more »
FinTech Australia has appointed financial services investor, advisor and long time executive Andrew Porter as its new CEO. Porter brings more than two decades of experience in the financial services sector to the position, including holding senior roles at three global payments fintechs OFX, World First and TransferMate. FinTech Australia chair Simone Joyce said Porter’s… Read more »
Venture capitalist Grant Chamberlain, a partner in Sydney VC OneVentures, has died after falling from a cliff in North Bondi. He was 50. Chamberlain joined OneVentures four years ago following two decades in merchant banking that included managing director roles at Bank of America Merrill Lynch, Deutsche Bank and Nomura. He was running the M&A… Read more »
Thousands of startup experts and consultants have signed up to offer flexibility on the billing or meet entrepreneurs ‘halfway’ in fee negotiations as part of a new online service investment marketplace, The Pitch Portal. Founder Amanda Fay launched the platform in the thick of last year’s Covid lockdowns, explaining that The Pitch Portal is both… Read more »
The Envato Foundation has pledged to match donations up to a total of $25,000 as part of Smiling Mind’s annual giving campaign. Smiling Mind is a non-for-profit app-based meditation program developed by psychologists and educators to help make mindfulness and mental health support more accessible for Australians of all ages. The Envato Foundation had previously… Read more »
Twitter co-founder Jack Dorsey has resigned as chief executive of the microblogging site after 16 years. The resignation was effective immediately. He was replaced by the company’s chief technology officer Parag Agrawal, who has been with the company for a decade and CTO since 2017. Dorsey will also leave the board when his term expires… Read more »
Former Xero executive and serial tech investor, Chris Ridd has joined the BoardPro board. The New Zealand software startup, founded in 2015 by Brett Herkt, helps companies improve their boardroom productivity and create better functioning boards with improved processes, workflows and guidance. Herkt, the startups’ CEO, developed BoardPro in partnership with leading independent directors and… Read more »
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