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ASIC’s WiseTech investigation goes from preliminary to formal

Max Mason and Kate McClymont

Apr 17, 2025 – 5.00am

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The corporate regulator’s inquiries into WiseTech Global founder Richard White’s share trading and the software giant’s market disclosures have progressed from a preliminary stage to a formal investigation.

The billionaire was forced to resign as chief executive and from the board of the logistics platform company in October after a joint investigation by The Australian Financial Review, The Sydney Morning Herald and The Age revealed a $2 million settlement with a former lover and allegations of bullying and intimidation by a former director.

Max Mason covers financial crime, courts and corporate wrongdoing. A Walkley Award winner, Max’s journalism has also received awards from the National Press Club of Australia, the Kennedy Awards and Citibank. Message Max on Signal https://tinyurl.com/MaxMason

Kate McClymont is chief investigative reporter at The Sydney Morning Herald.