Australia’s Silicon Valley Wins Over Cashed-Up Firms

Published on August 24, 2024

Australia’s answer to Silicon Valley is scaling up, with another five tech firms moving into the multi-million-dollar Sydney precinct designed to become a hub for innovation.  But the companies, all owned by parent company Block, will not change their work-from-home policies with the headquarters expected to provide a landing pad and meeting space for employees when they need it.  Block’s companies—Afterpay, Square, Cash App, Tidal, and TBD—announced their move into Sydney’s Tech Central precinct on Aug. 23. They will be in an office created inside the historic Brewery Yard building in Chippendale.  The company will join other tech firms, including Atlassian, inside a 25-hectare space designed to bring together established and start-up businesses. ...

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