AUSTRAC’s probe is testing Airwallex’s compliance and reputation as the fintech upstart pushes global expansion and fights to move past lingering controversies.
Technology and startups
With more than 300 open roles — about 5% of its workforce — Canva is pushing ahead with expansion even as the broader tech sector retrenches.
The social media giant won’t act on removing thousands of groups facilitating the trade of bank accounts, frustrating both big banks and law enforcement.
The counter-drone technology firm has staged a sharp recovery just two months after a management selldown sparked a brutal investor backlash.
The $9 billion fund manager, led by managing director Mark Freeman, has stood firmly by WiseTech through turbulent times. For now, it's had enough.
As AI tools spark a global SaaS sell-off, Australia’s top VCs say the business model isn’t dying, but being reshaped, repriced and rebuilt for a new era.
CEO Michael Biercuk says Q-CTRL has addressed aviation's GPS jamming crisis with quantum sensors, while predicting quantum computers will achieve commercial viability by 2028.
Gilmour Space’s $217 million Series E puts the National Reconstruction Fund back in focus, even as debate continues over risk, returns and long-term direction.
Nvidia-backed Firmus Technologies has planted its flag in the Sydney CBD, signalling its growing mainland footprint ahead of a mooted ASX float.
The raise for the space tech startup exceeded its initial $150 million target, drawing follow-on investment from a slew of superannuation funds.
Super funds like HESTA argue the performance test and fee disclosure requirements stifle venture investment. Aware Super says it has found ways to make it work.
Nearly half of Gen Z workers use AI, but few are properly trained. In law, that gap can mean breaches, bad advice and regulatory action.
State agency Destination NSW pulled funding after Penske Media Corporation refused to offer a discount on the licensing fee for the US festival franchise.
The pact between Microsoft and the Australian Council of Trade Unions on AI deployment and skills training shows the boom’s politics in action.
Didier Elzinga is stepping down as Culture Amp CEO after 15 years. In an exclusive interview, he told Capital Brief why “congrats” is the right response.
After three years, SXSW’s Sydney outpost is shutting down, in a move that has drawn mixed reactions from Australia’s startup community.
