ASX Announcements
Change of Director's Interest Notice
Change of Director’s Interest Notice
Application for quotation of securities - XRO
Appendix 2A (Application for Quotation of Securities)
Notification regarding unquoted securities - XRO
Appendix 3G (Notification of Issue, Conversion or Payment up of Unquoted Equity Securities)
Notification regarding unquoted securities - XRO
Appendix 3G (Notification of Issue, Conversion or Payment up of Unquoted Equity Securities)
This Month
The great tech revolt and 4 other surprising stats from AGM season
It wasn’t just WiseTech’s Richard White facing the heat this year. The boards of the ASX’s biggest tech stocks faced the fiercest rebuke from shareholders.
AI spending hits bottom line at local tech stars
Three of Australia’s leading private software firms are spending big to keep up in the arms race, but the investment is yet to translate into higher earnings.
How this contrarian is betting against Australia’s great Ponzi scheme
Fund manager Martin Conlon says Australia’s economy is built on an unsustainable mix of high house prices and immigration.
November
After the ASX’s quiet bear market, Goldman’s hunting 13 stock bargains
The past six weeks have brought one of the sharpest reversals in unprofitable growth shares in recent history. Here’s what the bank favours among the unloved.
Revealed: The AI tools that Australia’s top accountants swear by
From optimising workflows to elevating client relationships, artificial intelligence is adding value to both accounting firms and their clients.
Speed dating for Australia in room 1124
Dozens of Australian CEOs and CFOs went to Singapore this week to win over investors. They will return with the realisation that they need to do more.
Xero’s $20b AI question: the price of never reconciling again
In a great test of pricing power, the ASX darling is set to push the trigger and ask its customers to pay for its AI-based features.
TechOne punished as investors flee sector
Shares in the software developer slumped, despite a near one-fifth increase in profits over the last financial year, as the ASX suffered its second-biggest drop this year.
Xero’s $4b Melio acquisition weighs down investors despite profit jump
The company’s chief executive Sukhinder Singh Cassidy says she is confident the massive acquisition will transform the accounting software business.
October
Tariff fears turn into ‘sugar rush’ with investors quick to move on
Donald Trump’s on-again off-again trade war on the world used to create market panic. This time, investors are betting it’s a blip that brings opportunities.
Fundies take aim at proxy firms’ ‘academic view’ of Xero CEO pay
Investors say the advisers failed to see the business operates in a global market, after almost half of shareholders voted against the pay package.
September
How serial entrepreneur Rod Drury kick-started a $28b company
In this week’s episode of How I Made It, Rich List editor Yolanda Redrup finds out how a passion in high school became the technology phenomenon Xero.
Oliver Curtis’ IPO hopeful Firmus names chairman, CFO
The $1.9 billion AI company recruits a new chief financial officer and chairman ahead of a possible initial public offering next year.
Double down or dump? Here’s how fundies traded the earnings season
After the most volatile results period on record for the ASX, here’s what fund managers from Airlie to Wilson Asset Management bought and sold last month.
‘I wake up paranoid’: Xero CEO on her rivals, pay and that $4b US bet
Sukhinder Singh Cassidy, who will be paid $US15.2 million ($23.3 million) annually, defended her enormous pay packet and says she thinks “like an owner”.
August
Australia somehow cracked the code to software riches
Forget about losing the ASX’s big software stocks to the US – the corporate finance no longer makes sense.
Xero suffers symbolic shareholder strike against executive pay
Chairman David Thodey has defended the chief executive’s $23.5 million remuneration, as almost half of its investors voted against the pay packet.
ASX jumps 1.1pc to end above 9000; Brambles soars, IPH sinks
Record day for ASX 200; Super Retail declares special dividend; Brokers cut James Hardie; Brambles and Downer reveal buybacks; IPH dives on patent woes; Sonic Healthcare misses forecasts. Follow live.
Xero CEO’s Silicon Valley pay packet faces shareholder showdown
Investors are set to question Sukhinder Singh Cassidy’s $23.5 million remuneration at Thursday’s annual general meeting.
The 7 stocks at risk of a reporting day sell-off
UBS has named seven blue chips stocks that are at risk of being sold during reporting season after stagnant earnings growth, following the same fate as CBA and JB Hi-Fi.