Australia’s tech sector has been unfairly maligned

Dushko Bajic  |  First Sentier Investors  |  30 September 2020  |  0.50 CE

The tech-wreck of the early 2000s was a blip for the Australian economy as we entered the commodities super-cycle. It was, however ground zero for the birth of a succession of Australian technology companies that have disrupted markets and established themselves as global leaders. Economies, consumers and investors alike, are now reaping the rewards of the whole new world these companies are delivering - and yet we are mired in a two-decade old view that this is a mirage. The market weighting of the Australian tech sector has quadrupled in those two decades. Le...

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