Xero
Founder of $14b tech firm denies sexual misconduct, but returns ‘NZer of the Year’ award
Sir Rod Drury, the founder of ASX-listed software company Xero, has handed back the gong.
- Elias Visontay
Latest
We spoke to one of the ASX’s highest-paid CEOs. Here’s how she defended her $23m pay packet
Sukhinder Singh Cassidy is in a rare and elite class of highly paid ASX executives, but investors have delivered a stern rebuke.
- David Swan
- Updated
- World markets
ASX hits record high; CBA eclipses BHP as Australia’s biggest company
The Australian sharemarket climbed to a record high after four out of every five stocks that comprise the benchmark S&P 500 Index advanced on Wall Street overnight.
- Millie Muroi
Former Telstra boss David Thodey named new Sydney University chancellor
Thodey is best known as the former boss of the telco giant and currently chairs Ramsay Health Care and technology company Xero.
- Daniella White
- Updated
- World markets
Healthcare companies, wage data lift ASX after Wall Street gain
The Australian sharemarket climbed on the back of healthcare companies after a set of strong results from some of its biggest players and softer wage data.
- Millie Muroi
- Updated
- World markets
ASX lifts as miners muscle up; Biden boosts Wall Street
Wall Street rallied after President Joe Biden said he was confident the US would not default on its debt. This helped lift the ASX out of a three-day slump.
- Millie Muroi
‘We’re really well insulated’: Canva to escape tech carnage
The company’s bosses say it is in a unique position to avoid fallout from the tech purge that has claimed about 150,000 jobs worldwide so far this year.
- Colin Kruger
- Updated
- World markets
Tech bolsters ASX after Fed chief soothes Wall Street
The Australian sharemarket stayed in the green on Thursday, helped by the IT sector after one of the country’s largest tech companies announced staff cuts. Myer shares soared.
- Millie Muroi
Xero axes up to 800 jobs as tech downturn deepens
The accounting software maker is the latest big technology firm to slash positions, following Atlassian this week.
- Nick Bonyhady and Millie Muroi
Xero invests in apps, AI and acquisitions as global push continues
Cloud accounting platform Xero is leaning into machine learning and the app economy to drive growth and value among its small business customers.
- Tim Biggs