According to The Australian Financial Review today, Labor MP Ed Husic said Australians should be proud of the achievements of Atlassian's founders and team of more than 1300 staff. He said the economy would benefit from Atlassian's international success, despite it being listed in the US and having a headquarters in the UK.
"I seriously believe there is a huge benefit in Atlassian's listing lifting global awareness of the potential of Australia's tech sector ... What we need to now focus on is boosting the rate of start-up formation in Australia, to increase the chances of more Atlassians emerging in the future," Mr Husic said.
"We can do this by tackling skills shortages, increasing the flow of capital, streamlining regulations, and promoting a more pro-entrepreneur culture by celebrating the successes achieved by companies like Atlassian."
Locally listed accounting software company Xero has plans to list in the US, and Chris Ridd, Australian managing director of Xero, said the confirmation of Atlassian's US listing showed other Australian companies that they should think globally. He said technology was a bright point for a post-mining boom Australian economy and believed confident companies, rather than government intervention, would be more important to drive it forward.
"While one major listing doesn't make an ecosystem, it's a hopeful sign that we'll see many more of these global successes from this part of the world like Atlassian, alongside Campaign Monitor, BigCommerce and Xero."
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