ASX Announcements
Market Sensitive
XF1: Xref Limited - Scheme Booklet registered with ASIC
Directors' Statement re Takeover, Scheme of Arrangement
- Dec 20, 2024
- 197 pages
Market Sensitive
XF1: Xref Limited-Court approves convening of Scheme Meeting
Scheme of Arrangement
- Dec 20, 2024
- 1 page
Notification regarding unquoted securities - SEK
Appendix 3G (Notification of Issue, Conversion or Payment up of Unquoted Equity Securities)
- Dec 11, 2024
- 8 pages
Notification of cessation of securities - SEK
Appendix 3H (Notification of cessation of securities)
- Dec 4, 2024
- 4 pages
This Month
‘Unicorn’ tech firm spent $43m to buy its founder’s other company
Heavily backed HR technology firm Employment Hero paid $43.4 million for a company owned by its co-founder Ben Thompson, a new regulatory filing has revealed.
- Tess Bennett
September
Three ASX stocks to buy today (and three more to avoid)
Australian fund managers have provided their take on the good, the bad and the ugly on the sharemarket after reporting season.
- Joshua Peach and Jonathan Shapiro
Perennial PM partners with SEEK Investments exec for new growth fund
Street Talk understands Ryan Sohn has departed the fund he helped co-found and is set to strike out with a shop of his own.
- Sarah Thompson, Kanika Sood and Emma Rapaport
August
Venture capitalist teams up with CBA for next big project – democracy
Venture capitalist Paul Bassat is worried Australia is heading in the wrong direction and has teamed up with the Commonwealth Bank and others to get it back on track.
- Ronald Mizen
- Exclusive
- Start-ups
Investors back ‘unicorn’ Go1 CEO swap, as IPO plans emerge
The founding CEO of $3b Queensland tech firm Go1 will step down in a move backed by its early investors, with his co-founder taking sole charge of the run to an IPO.
- Tess Bennett
Seek’s venture fund wears $210m hit even as top performers surge
The $2.1 billion Seek Growth Fund, run by Andrew Bassat, is one of the few vehicles exposed to public markets, and showed tight valuations for start-ups.
- Tess Bennett
- Results Wrap
- Chanticleer
How Temple & Webster won day two of profit season
CSL was the headline result, but it was Seek which was hit hardest on results day. Here’s what caught our eye.
- James Thomson and Anthony Macdonald
July
- Exclusive
- Leadership lessons
The top skills leaders need to succeed this decade
Knowing how to get the most out of hybrid working and generative AI are among the skills that leaders need today. The future will call for much more.
- Euan Black
- Exclusive
- Rich Bosses
Nation’s richest boss ‘can’t find anything to invest in’ but WiseTech
This year’s list is stacked with tech founders such as Richard White – and shows how divorces can force bosses down the ranks.
- Patrick Durkin and Sally Patten
June
Seek ends decades-long Latin American foray with $128m sale
The ASX-listed employment platform said it would use the proceeds of the sale of its Mexican and Brazilian businesses to Spain’s Redarbor to pay down debt.
- Tess Bennett
April
Why these companies are Australia’s best places to work
An intensive and “confronting” two-year leadership program underpinned the decision to award online recruitment firm Seek the 2024 AFR BOSS Best Place to Work – Large Organisation.
- Sally Patten
- Opinion
- Best places to work
No amount of leave offerings will compensate for poor leadership
Companies can have all the flexible and hybrid work arrangements and offer all the leave entitlements under the sun, but if their leaders are poor at leading, they will count for naught.
- Sally Patten
March
- Opinion
- Software
Metcash and Seek: Lessons from two contrasting IT projects
The learnings should be of interest to the broader economy, because badly handled IT projects – and there are too many to name – are a heavy drag on productivity.
- Tony Boyd
- Analysis
- Software
How Ian Narev copied CBA’s tech success at Seek
Seek’s recent tech upgrade is being talked about as an exemplar case study. Involving 1000 people including 350 engineers, the project came in on time and under budget.
- Tony Boyd
The ‘crucial’ factor for tech leaders to get ahead
A mentor can help future female leaders by acting as a sounding board and passing on skills and coaching.
- Tess Bennett
February
Broker pressures Seek to unlock VC fund’s $2.3b valuation
Analysts from Morgan Stanley argue the job classifieds site and VC investor should make major changes to maximise shareholders’ perception of its value.
- Nick Bonyhady and Tom Richardson
Seek cuts dividend on slower job market
Job site Seek downgraded its revenue and profit guidance after job ads fell sharply in November and December.
- Tess Bennett
- Exclusive
- BOSS
‘Cuts to follow hiring freeze’: directors warn on job market shake-out
Leading company directors are predicting a shake-out in the job market this year as wages and price pressures bite and business looks to make cost savings.
- Patrick Durkin and Sally Patten
November 2023
- Opinion
- Fast 100
Seven enduring lessons from 33 years of top start-ups
Over more than three decades, the Fast 100 has had its share of one-year wonders and flame-outs. But the success stories are staggering.
- James Thomson
August 2023
- Exclusive
- Hiring & firing
Tech workers take $20,000-plus pay cuts as fired talent floods market
Salaries exploded during the pandemic as cashed up companies threw money at skilled workers, but recruiters and CEOs say job cuts have made the job market tougher.
- Tess Bennett