Atlassian’s Move to UK is No Big Deal Says Turnbull

Josh Taylor of ZDNet:

In a Facebook Q&A he conducted while at Facebook’s headquarters, Turnbull said that Atlassian’s move to the UK has been exaggerated.

“That ‘move’ is rather exaggerated; it does not involve moving their team or their business there as it happens, more of a corporate move,” he said.

“But you are right in saying we need to do more to encourage innovative companies in Australia, it is a keen matter of interest for me — an obvious area is rectifying the anomalous treatment of employee shares and options in [Australia].”

Diamond Joe Turnbull is having a busy day on Facebook.