ANOTHER NEW ICT HQ FOR MELBOURNE WITH 50 NEW JOBS

ANOTHER NEW ICT HQ FOR MELBOURNE WITH 50 NEW JOBS

Posted on 28. Oct, 2010 in Victoria

New Zealand information and communication technology (ICT) company, Xero Limited, has chosen Melbourne for its Australian headquarters, with the expectation of creating more than 50 new jobs over five years.

Information and Communication Technology Minister John Lenders congratulated the company on choosing Melbourne for its Australian headquarters and for the jobs boost.

“The Brumby Labor Government is working with global IT companies to boost highly skilled Victorian jobs,” Mr Lenders said.

“Cloud computing specialist Xero has chosen to base its Australian headquarters in Richmond thanks to our robust, innovative and collaborative ICT culture and support from the Brumby Labor Government.

“Victoria has become the nation’s ICT capital and we expect thousands of new jobs to be created in our exciting ICT industry now that we are home to the hub of the National Broadband Network.”

Founded in Wellington, Xero provides a platform for online accounting and business services to small and medium-sized business.  

“Xero’s decision is another example of Victoria’s effort in attracting world-leading investments,” Mr Lenders said.

“Just last week Xero received support and endorsement from Peter Thiel — the co-founder of PayPal and Facebook’s first external investor — and his NZ-based strategic investment company Valar Ventures.

“With cloud computing continuing to boom in Victoria and globally, we will start to see more innovative companies like Xero taking advantage of our growing capability in developing and offering cloud services and infrastructure.”

Led by technology entrepreneurs, Rod Drury and former MYOB boss Craig Winkler, Xero’s cloud solutions have created a stir in the global market with more than 20,000 organisations across 50 countries using its products.  

Xero CEO Rod Drury said its Australian headquarters in Melbourne would help the company service its existing business and grow new business in Australia. 

“Victoria gives Xero important advantages such as having a convenient headquarters to reach our expanding banking, finance and small business customer base as well as access to world-leading players,” Mr Drury said.

Mr Lenders said Xero’s international investment complements the Victorian Government’s Victorian ICT Action Plan, which includes a push to position the state as a leader in cloud computing.

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