Episode 1: Then (ASX x Andrea)

Now, Amit, ASX has been involved with the Tech Fast 50 program for a long time, but I'm really keen to understand why has supporting high growth tech companies remained so important for the ASX over that period of time?

Great question.

Look, the tech sector is obviously a really, really vital sector to Australia and the ASX.

We have been trying to grow the percentage of tech companies on the ASX for the last number of years.

And now it makes up about sort of 10, at least 10 to 15 percent of the entire exchange.

Obviously, as you know, our markets are dominated by resources and financials, both very important sectors to the economy.

But we want to see more tech companies.

We want to see more health care companies.

And often there's a crossover between these two very important sectors as well.

So with that in mind, we've kept an eye on what is the next wave of good tech companies coming up which potentially might make great listing candidates in the future.

And one great feeder source for us has been the Tech Fast 50 program.

We've seen an amazing number of companies go through this program.

And if you look at some of the most successful tech companies on ASX, I'd name a few like Afterpay, Zip, Telex, GrownShield.

I mean, there's many more.

The common factor with these great names is they've all been through the TechFast50 program.

So we look at it in a way that, hang on, let's partner with Deloitte.

Let's look at the companies coming through this program, and then let's meet them.

And let's form a relationship with these companies, a long-term relationship.

As you know, listing is often many years away.

But we need to get to know these founders, these companies, get to really get close to them so that we can identify which one is going to be a great listing down the line.

So we love taking part in the Take Pass 50.