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    Scott Farquhar

    This Month

    Clive Palmer.

    Palmer says billionaires like him shouldn’t get a break on bills

    The Rich Lister, who is eligible for the power bill rebate on several of his homes, says the money would be better spent on households that desperately need it.

    • Campbell Kwan and Bonnie Campbell

    April

    Atlassian’s Scott Farquhar and Mike Cannon-Brookes have enjoyed a rare partnership.

    Scott Farquhar departs with Atlassian at a crucial point

    Atlassian’s unique two-CEO model is ending at a fascinating time for the company, as its shares lag the broader tech sector.

    • Updated
    • James Thomson

    Scott Farquhar to step down as Atlassian co-CEO

    After more than two decades at the helm, the co-founder of the Nasdaq-listed software giant departs, leaving Mike Cannon-Brookes as sole charge.

    • Updated
    • Tess Bennett, John Davidson and Yolanda Redrup

    March

    The Loom co-founders pose with their app outside Atlassian’s offices in central Sydney.

    Joe and Vinay got a $1.5b Atlassian exit. They have lessons for founders

    When Loom’s CEO first met Atlassian’s Scott Farquhar he wasn’t interested in selling, but four years later Atlassian bought his company at a $790m discount to it’s 2021 valuation.

    • Nick Bonyhady
    Nicholas Sampson is nothing if not battle-hardened.

    Cranbrook Revisited (by the ABC)

    Parents’ groups displayed no indication of any shift of allegiance away from battle-scarred headmaster Nicholas Sampson. Given the history, this is no wonder.

    • Myriam Robin
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    Genex is building the Kidston Clean Energy Hub on the site of the old Kidston gold mine.

    J-Power taps MacCap, Minters to Skip-proof Genex Power bid

    Selling into J-Power’s bid should get some tongues wagging on the Atlassian co-founder’s ambitions to support energy transition.

    • Sarah Thompson, Kanika Sood and Emma Rapaport
    Genex chief executive Craig Francis at the Kidston Clean Energy Hub, which includes a solar farm, a wind farm and a $777 million pumped hydro project.

    Genex shares surge as Japanese utilities giant lobs bid

    Scott Farquhar’s Skip Capital and a partner walked away from a lower bid for the Queensland renewables developer 14 months ago but remain its biggest shareholder.

    • Ben Potter and Angela Macdonald-Smith

    February

    Keating’s list of business greats spans miners and property moguls

    Keith Campbell, Rod Carnegie and Marius Kloppers were all praised by the prime minister who oversaw a period of great change in the Australian economy.

    • Michael Stutchbury
    Gold Coast airport accounts for nearly 75 per cent of Queensland Airport Limited’s traffic volumes.

    Flight delayed: Queensland Airport auction start to spill past Easter

    Suitors revving up to bid for a controlling stake in Queensland Airport Limited will have to wait a little longer for the auction. 

    • Sarah Thompson, Kanika Sood and Emma Rapaport
    Atlassian co-CEO Mike Cannon-Brookes.

    Atlassian plunges $10b as earnings blues continue

    Shares in Australian software giant Atlassian have continued to plummet after Friday’s earnings announcement, but analysts think the stock will recover.

    • Tess Bennett
    Co-CEO Scott Farquhar says Atlassian has surpassed 300,000 customers for the first time.

    Atlassian tumbles despite ‘incredible milestones’

    Shares in the Australian software giant dived on Friday, despite Q2 results beating analysts’ expectations.

    • Updated
    • Tess Bennett

    January

    Kate Pounder, the first chief executive of the Tech Council of Australia has resigned from the role.

    Tech Council boss Kate Pounder resigns

    Australia’s technology sector loses a powerful voice in Canberra, after the boss of high-profile industry group steps down.

    • Tess Bennett
    Atlassian founders Scott Farquhar and Mike Cannon-Brookes start the new year a collective $16 billion richer.

    How some Rich Listers doubled their fortune in 2023 while others fell

    The boom in IT stocks burnished the fortunes of Australia’s top tech entrepreneurs, while the crypto millionaires made a comeback.

    • Primrose Riordan and Andrew Turner

    November 2023

    Gold Coast Airport accounted for 74 per cent of QAL’s FY23 revenue.

    Queensland Airports auction preps for takeoff; first bids by March

    The sale process for the 74 per cent stake will officially kick off in mid-December. First round bids are expected to be called for at the end of March.

    • Sarah Thompson, Kanika Sood and Emma Rapaport
    Atlassian co-CEO Scott Farquhar,

    Scott Farquhar’s 100-year plan for Atlassian to keep building

    Atlassian’s shares plunged after quarterly earnings losses last week, but Scott Farquhar says he is ‘jazzed’ at the growth opportunities in the AI era.

    • Paul Smith
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    Atlassian co-founders and co-CEOs Mike Cannon-Brookes and Scott Farquhar, say the company is investing for the long term.

    Atlassian shares plunge as growth slows

    Shares fell by more than 10 per cent after the company said that it lost $US32 million in the last quarter. However, it continues to invest in cloud and AI.

    • Paul Smith

    October 2023

    Jack Zhang: “Great intensity and pressure ... is what’s required to survive.”

    Inside the ultra-high-pressure world of Airwallex

    The Australian payments giant grew out of a Melbourne coffee shop almost a decade ago and became a global player. But is it ready for prime time?

    • Lucas Baird and Jonathan Shapiro

    September 2023

    Thick black smoke and a putrid plastic smell came from the site, which is about 500 metres from homes.

    Fire at Genex Power battery project in Qld a ‘rare occurrence’

    Genex Power chief executive Craig Francis says too early to tell cause of fire at 50-megawatt Bouldercombe battery project near Rockhampton.

    • Updated
    • Mark Ludlow

    August 2023

    Atlassian co-founders are $6b richer after earnings update

    Mike Cannon-Brookes and Scott Farquhar have added around $3.2 billion to their respective wealth after the software company’s shares surged more than 23 per cent.

    • Tess Bennett
    Mike Cannon-Brookes and Scott Farquhar of Atlassian. Share surged at least 24 per cent after June quarter results.

    Apple, Amazon, Atlassian and bond yields show this ain’t 2021

    AI hype may have propelled the tech sector higher this year, but the results from Apple, Amazon and Atlassian suggest investors can’t let it overshadow reality.

    • James Thomson