There was more than a mite of disgruntled tension down at the Australian Securities Exchange on Monday, where the crypto true-believers met at the Blockchain Australia conference to avoid discussing regulation. You know, lest they collapse in a sleeping heap. The root of the strain lay in the team of puffy-jacketed Binance staff, who ambled about the conference as if the entire world wasn’t furious the exchange’s founder and tsar is facing allegations of “operating as a f---ing unlicensed...

National Australia Bank and the Commonwealth Bank are laggards in enabling retailers to decide on sending card payments to the cheapest network, the Reserve Bank says. The RBA’s payments boss, Ellis Connolly, said it was “disappointing” that banks had not made the cheapest payments network available for online transactions, missing the central bank’s expectation for so-called least-cost routing to be made available for online sales by the end of last year.

Tech stock investors face a year of stiff competition to buy into quality local companies such as WiseTech and Xero as tight capital markets keep the lid on fresh listings and potential IPO candidate Canva keeps investors guessing if it will float abroad or locally. In an energetic start to the year, the ASX technology index has leapt 10 per cent higher. But market watchers warn the “ASX premium” may have peaked, leaving tech company price performance at the mercy of US interest rates and the...

Investors sent Nuix shares roaring higher on Thursday, after the investigations’ software developer said it expects half year earnings to outstrip last year’s effort. But it warned a judgment in the ongoing legal battle with former co-founder Eddie Sheehy might weigh on the embattled tech stock’s half-yearly results next month. You have reached an article available exclusively to subscribers. New Year Sale. Save over 50%. Turn resolutions into actions and subscribe for only $6 per week for...

Accounting software start-up Ignition has axed 10 per cent of its staff as the Sydney-based company rethinks global expansion plans amid worsening macroeconomic conditions. Employees were told of the 16 redundancies on Tuesday, with founder and chief executive Guy Pearson conceding growth and revenue assumptions had not hit the target across all regions. You have reached an article available exclusively to subscribers. New Year Sale. Save over 50%. Turn resolutions into actions and subscribe...