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Block Inc.

This Month

WiseTech Global, Atlassian and Block have all signed off on big redundancy rounds.

Sacking staff for AI is losing its stigma. What is our plan?

A sector long viewed as a future-proof career option has been the first to publicly blame the technology for big redundancy rounds.

Hyperion’s Jolon Knight at a Pinnacle event in 2024. The tech-heavy fund manager has been ravaged by the sell-down in software, but is backing fintech giant Block to ride the disruption.

Hyperion to Firetrail name best stock picks for the AI age

Five Pinnacle-backed funds divulge their best stock picks in a time when fund managers are getting “paid to dance, but not complain about the music”.

The VIX spiked in April 2025 when Donald Trump detailed ‘liberation day’ tariffs.

How tech employees with company shares can manage price swings

Employees with concentrated share plans must look past recent turbulence and align their trading strategy with a long-term personal financial plan.

Jack Dorsey caught Australia Afterpay employees by surprise with a big redundancy round.

Afterpay staff go from surfing retreat to dole queue in just two days

Hundreds of Afterpay Australia’s 1300 staff started last week upbeat in Lorne, Victoria for a company summit. On Friday, half of them were out of a job.

Block chief executive Jack Dorsey told his 10,000 staff he thought it was easier to axe 40 per cent of them in one go, including almost half of Afterpay Australia.

Despite Dorsey’s Block bombshell, an AI job doom loop isn’t here (yet)

The payment giant’s founder pledged humanity over cold efficiency when he fired almost half his staff. The market wants the opposite and that should terrify us.

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October 2025

For those that missed out on the gold and silver rally, investment firms tip some other potential winners.

Missed the gold rush? Fundies tip where to look next

From retail champions like JB Hi-Fi and Eagers that are set to gain from falling rates to metal detector maker Codan, fund managers offer their next winners.

A trader works below Trump hats on the floor of the New York Stock Exchange. Wall Street fell on fears of a renewed trade war with China.

Tariff fears turn into ‘sugar rush’ with investors quick to move on

Donald Trump’s on-again off-again trade war on the world used to create market panic. This time, investors are betting it’s a blip that brings opportunities.

Ben Pfisterer, co-founder and chief executive of Zeller, says the company is xxx

Payments unicorn Zeller expands into UK market

The Melbourne-based payments start-up is banking on the UK market to fuel its next wave of growth.

September 2025

Klarna debuted on the New York Stock Exchange seven years after adopting Afterpay’s successful pay-in-four model.

Klarna’s big stock debut shows BNPL is over its existential crisis

For Afterpay co-founder and sector pioneer Nick Molnar, the IPO is a strong endorsement of his wildly popular pay-in-four model.

How will our banks navigate a ‘silent American invasion’ in payments?

The big banks confront a sharp decline in market share and an increasing threat to a key source of revenue while the onslaught of new players continues.

August 2025

The ASX is poised to open lower.

ASX ends week up 1.7pc; Iress soars 12pc as QBE, GQG dumped

Bourses’ first weekly rise in three weeks; Iress rockets on takeover talks; QBE hammered on analyst concerns; GQG reports drop in funds; Moody’s upgrades EnergyAustralia. Follow live.

Square A gives sellers instant, data-driven answers to business questions.

Afterpay carries Block earnings as AI deployed to Square terminals

Higher spending on Afterpay helped Jack Dorsey’s payments giant deliver record operating income for the second quarter.

AFR annual profit season calendar and results

ASX annual reporting season calendar and results 2025

Follow the full-year reporting season as it unfolds, with dates for all the major ASX-listed companies and links to our expert, up-to-date coverage.

Quirin and Sabrina Schwaighofer have sold their real estate technology business MadeComfy to India’s Oyo.

Indian billionaire buys Airbnb management firm MadeComfy for $50m

Indian hotel giant Oyo, which is backed by Softbank, has acquired a short-term rental platform that allows it to enter the Australasian market.

July 2025

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This boutique manager says Block is about to go on a tear

Jai Mirchandani of ELM Responsible Investments explains why he’s so bullish on Afterpay’s owner.

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Canva made all staff down tools to spend a week learning AI

An intensive bootcamp is being used by businesses to help staff overwhelmed by the latest technology and the breakneck pace of change.

June 2025

Nick Molnar, co-founder of Afterpay, says regulation will legitimise BNPL allowing it to compete with everyday spending using credit cards.

Why Afterpay could be coming to a supermarket checkout near you

Eight years after the first calls to bring BNPL under credit laws, Nick Molnar says the new regime will help it compete more aggressively with credit cards.

May 2025

Judo chief executive Chris Bayliss.

Judo, Block shares smashed after misses

Quarterly updates from the business bank and payments player met a savage market reaction, with loan and sales growth undershooting because of business uncertainty.

April 2025

Lo Scoglio

Byron meets Italy at Arnott family’s $22m hinterland escape

A slice of Italy in the Byron hinterland has hit the market, with regenerative farming couple Charlie and Angelica Arnott deciding to sell their Coopers Shoot estate.

March 2025

Damon Callaghan is portfolio manager of ECP Asset Management’s Growth Companies Fund.

This fundie tips GQG’s share price to rally after wild swings

ECP Asset Management portfolio manager Damon Callaghan expects the ASX-listed global equities manager to recover after investors pulled more than $1 billion.