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Scott Farquhar
Winners and losers of this year’s Richest 250
Mining magnates and property barons are still doing well on The List, but technology titans like Mike Cannon-Brookes and Melanie Perkins are the big losers this year.
NBN Co swings axe through 10pc of its workforce
The deepening ‘tech wreck’ that has already affected companies such as Atlassian, Meta, Amazon and Google has resulted in NBN Co deciding to lay off a significant percentage of its workforce.
What now for Atlassian as ‘tech wreck’ hits home?
The pandemic fuelled a tech boom and now Atlassian has joined the likes of Meta, Salesforce and Zoom in figuring out what to do once the party ends.
‘A very hard day’: Atlassian sheds 5pc of workforce
The tech giant led by billionaire co-founders Mike Cannon-Brookes and Scott Farquhar says the decision to axe 500 jobs was ‘very difficult’.
Cannon-Brookes, VCs plough $105m into climate start-up
The Atlassian boss has joined US tech billionaires and the CSIRO-backed venture firm Main Sequence in investing in a fast-growing company in country NSW.
Forrest in the market for Sun Cable’s debt
Andrew Forrest’s Tattarang is trying to buy up debts owed by the collapsed renewable energy play as his war with Atlassian billionaire Mike Cannon-Brookes continues.
Atlassian shares fall as losses widen
The Sydney software company, led by billionaires Scott Farquhar and Mike Cannon-Brookes, beat analyst expectations but losses have swelled.
Billionaire Scott Farquhar’s $130m Point Piper buy
An eleventh-hour purchase by billionaire Scott Farquhar saw Sydney beat Melbourne in the race for 2022’s priciest property sale.
Skip, Stonepeak ditch Genex bid
A $346m play for renewable energy company Genex has fallen through, with Scott Farquhar’s Skip Capital and Stonepeak Partners walking away.
Tech rich-lister in hunt for $95m Point Piper stunner
A $95m Point Piper harbourfront property – shrouded in mystery after a reputed three-year extended settlement deal in 2020 – is back in play, and likely to emerge as this year’s priciest sale.
Atlassian founders must put profit before ‘distractions’
The AGL and Genex ‘distractions’ of Mike Cannon-Brookes and Scott Farquhar don’t have the backing of a profitable business.
Takeover in doubt as Genex share price tumbles
Atlassian co-founder Scott Farquhar’s proposed buyout of Genex Power appears unlikely to go ahead.
ASX ends higher; Webuild rescues partner Clough
Treasury maintains CPI forecast. Sims shares tank on earnings warning. Business confidence, consumer sentiment lower, surveys find. Magellan shares recover. Whitehaven stocks tumble.
Aussie moguls among world’s top emitters
Atlassian co-founder Mike Cannon-Brookes and Andrew Forrest top the list of Australians on a global ranking of billionaires with the biggest carbon footprint.
Climate group’s millions to teals revealed
Millions of dollars given to teal candidates through Climate 200 have been listed in donations disclosures of this year’s election campaigns released by the AEC
Atlassian HQ the epitome of cool
Atlassian’s signature building in Sydney’s Tech Central is perhaps a harbinger of life to come in a ‘distributed world’.
Atlassian sell-off hits duo’s billions
Mike Cannon-Brookes and Scott Farquhar, two of Australia’s richest people, have lost billions in estimated wealth as investors punish their tech company.
Billions wiped from Atlassian’s valuation
About $10bn was lost in 10 minutes as shares in the software company led by Mike Cannon-Brookes and Scott Farquhar slumped in after hours trading.
$16 billion wiped off Aussie giant in minutes
Shares in one of Australia’s most successful companies have plummeted overnight, with software giant Atlassian losing billions in minutes.
Late surge as ASX closes up; Coronado soars
Local stocks end the week up. Retail trade lifts. Qantas promotes $3bn recovery. Atlassian loses $10bn in 10 minutes on quarterly loss. Pendal down on profit slides, Perpetual talks. Gas users take aim at producers.
Double unicorn start-ups losses spiral to $62m
Most recently valued at more than $2bn, SafetyCulture’s losses have tripled but its founder says his company is still on track to be the next Atlassian or Canva.
Cannon-Brookes wins backing for AGL board battle
A third major proxy adviser has backed directors proposed by the Atlassian billionaire, the energy giant’s largest shareholder.
Is Cannon-Brookes an earner? Tyro says no
The software billionaire – and his market followers – have seen little but losses over the last year.
Genex Power hydro hitch amid takeover bid
Genex Power remains in takeover talks with tech titan Scott Farquhar but its key hydro project in Queensland has hit a hurdle.
Canva, Atlassian billionaires join Turnbull in solar hopeful
SunDrive, the start-up hoping to replace silver elements in solar cells with cheaper copper, has drawn the support of heavyweight investors as it raises $21m.
Cannon-Brookes ups ante in campaign against AGL board
The Atlassian billionaire has written to investors advocating for four directors recommended by his private Grok vehicle – three of which are opposed by the energy giant.
Billionaire defends pay gap for Aussie staff
Technology giant Atlassian has defended its two-tier pay system for workers, with co-founder Scott Farquhar saying it is common practice.
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.
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.
Original URL: https://www.theaustralian.com.au/topics/scott-farquhar/page/4