SafetyCulture, the Sydney-based workplace software company valued at $2 billion by a fundraising in 2021, has threatened to shift its domicile from Australia to the US unless laws compelling it to publicly lodge financial statements are changed.
Luke Anear, who founded SafetyCulture in his Townsville kitchen in 2004, was incensed by what he called “sensationalist” media reports that followed the proprietary company lodging its audited accounts for 2021-22 with the Australian Securities and Investments Commission last Monday.
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Michael Bailey writes on arts and culture, and edits Weekend Fin. He is a former editor of the Financial Review Rich List. He is based in Sydney. Connect with Michael on Twitter. Email Michael at m.bailey@nine.com.au
