WiseTech Global
Company · Technology
Markets
Australian shares rise as tech rallies and energy stocks slide
Tech stocks dragged the Australian sharemarket higher on Monday, with Xero and WiseTech surging while cheaper oil pulled Santos and Woodside to the bottom of the board.
WiseTech Global
Australian tech stocks shed $7 billion as Iran war deepens market rout
Australian technology stocks lost $7 billion in March as the Iran war drove oil prices up 55% and forced the Reserve Bank to raise interest rates for the second consecutive month. WiseTech Global has fallen 59% over six months, while NextDC dropped 34%.
Work
Three Weeks, 7,600 Jobs: Australian Tech's AI Reckoning Has Arrived
Atlassian, WiseTech, and Block have collectively cut thousands of positions since late February. Each company cited artificial intelligence. Markets rewarded them.
Technology
Cursor's $50 Billion Valuation Exceeds Atlassian as AI Coding Tools Displace Engineers
An AI code editor built by four MIT dropouts is now worth more than the Australian software giant that just cut 1,600 jobs to fund its own AI pivot.
Technology
The 10 Australian Companies Most Exposed to AI Disruption
From Atlassian to Appen, Australia's tech darlings are facing an existential question: what happens when AI can do what you sell?
Technology
7 AI Coding Tools That Are Actually Replacing Software Engineers in 2026
Atlassian cut 1,600 jobs this week. WiseTech axed 2,000 last month. These are the tools doing the replacing.
Work
The AI Job Shock Hitting Australian Tech Is Accelerating. Here Is What the Data Says
Atlassian, WiseTech, Block, and CBA have collectively cut nearly 8,000 roles in a month. The pattern tells us more than any single headline.