ASX drops 0.3pc; bond yields hit tech, real estate
ASX ends lower as bond yields surge and dollar falls. Mike Cannon-Brookes launches AGL board campaign, Baby Bunting dives on margins hit and Whitehaven downgraded.
Mike Cannon Brookes
AGL knocks back Cannon-Brookes’ nominees
Only one of the four people Atlassian billionaire Mike Cannon-Brookes wants to join the AGL board has won approval from the company ahead of its AGM.
ASX jumps 4.5pc for week; best gain since 2020
ASX ends session lower on broad falls. Optus faces compensation claim, Whitehaven hits record high, AGL rebuffs Cannon-Brookes board picks and bear market until 2023.
Electric vehicle importer wins billionaires’ backing
Mike Cannon-Brookes and Canva billionaire Cameron Adams are backing this start-up aiming to get thousands more electric vehicles onto Australian roads.
1000 workers needed: How to score a job with Atlassian
One of the world’s most successful software companies is so keen to recruit it is driving a special bus to Brisbane, the Gold Coast and Sunshine Coast in search for 1000 new employees.
1000 workers needed: WFH with big salary
An Aussie software company has announced a huge recruitment drive with a “work from anywhere” policy and expected six-figure salaries.
Zoomo axes 16pc of staff months after executive poach
The Australian start-up that supplies Uber riders with e-bikes has laid off dozens of workers, after raising more than $120m from Mike Cannon-Brookes and Scott Farquhar.
Atlassian finally pulls the pin on Russia
The company, which has been criticised for continuing to do business in the country after the invasion of Ukraine, said it would wind down operations this month.
Who will fund AGL’s green vision?
The company will need $20bn to enact its new strategy, but some in the market say Mike Cannon-Brookes’ influence over the energy major will leave other investors wary.
The brutal truth behind AGL’s green switch
Energy politics is as tough as it comes and AGL’s renewables reset is designed to serve two purposes. Saving the planet is a distant third.
Cannon-Brookes’ peace deal comes at high cost
As AGL’s makes a $20bn green pitch, the tech billionaire has turned up the pressure on the power giant.
Grok puts up four names for AGL board seats
Mike Cannon-Brookes’ Grok Ventures is backing a former Tesla boss and energy and manufacturing experts to refresh the AGL board ahead of its ‘monumental’ turnaround task.
Making news: Mike Cannon-Brookes tried some Hocus Pocus with AGL and won
All the news that’s fit to mint.
Marching to an older beat
Dovetail co-founder Benjamin Humphrey, who has more than doubled staff over the past year to 100 people, says he deliberately wants an ‘in person first’ approach.
Time for re-set: AGL chair to staff
AGL Energy’s new chair, Patricia McKenzie, has told staff it is time for a re-set of the 185-year-old company.
Kent: Rich list Rabbitohs owe a duty of care to Fenech
Mario Fenech has given more than any person should to the game of rugby league, now it’s the turn of those who benefited from his commitment to give something back to Mario, writes Paul Kent.
Hancock tops private biz list as young gun catches up
Virtual Gaming Worlds was only established 12 years ago, but is now the sixth-biggest private company in Australia, ahead of big names like Linfox, Chemist Warehouse and Spotlight. See the list.
Cannon-Brookes cold on AGL shake-up
Mike Cannon-Brookes has immediately voiced ‘reservations’ about the appointment of Patricia McKenzie as AGL’s new chair.
Atlassian gears up for global push to build awareness
Atlassian is set to launch a major global advertising campaign as it attempts to turbocharge a five-fold increase in sales to become a $US10 billion revenue business.
Dwyer frontrunner for AGL Energy chair role
Paula Dwyer has emerged as the frontrunner to replace Peter Botten as AGL chair, but faces tension with its biggest shareholder.
Original URL: https://www.theaustralian.com.au/topics/mike-cannon-brookes/page/9